Landmark Bancorp (NASDAQ:LARK) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research report report published on Friday morning. The firm issued a hold rating on the financial services provider’s stock.

Landmark Bancorp Price Performance

Shares of LARK opened at $23.17 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 0.81. Landmark Bancorp has a twelve month low of $17.90 and a twelve month high of $23.20. The stock has a market capitalization of $127.44 million, a P/E ratio of 10.25 and a beta of 0.43. The company has a 50 day moving average of $20.86 and a 200-day moving average of $20.11.

Landmark Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $0.84 annualized dividend and a yield of 3.63%. Landmark Bancorp’s dividend payout ratio (DPR) is presently 37.17%.

Hedge Funds Weigh In On Landmark Bancorp

A number of large investors have recently modified their holdings of LARK. CGN Advisors LLC bought a new stake in Landmark Bancorp during the second quarter worth about $202,000. Empowered Funds LLC increased its position in shares of Landmark Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock worth $275,000 after purchasing an additional 670 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Landmark Bancorp during the 2nd quarter worth approximately $338,000. Finally, De Lisle Partners LLP raised its stake in shares of Landmark Bancorp by 78.1% during the 3rd quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock worth $1,369,000 after purchasing an additional 29,637 shares in the last quarter. 25.66% of the stock is currently owned by institutional investors and hedge funds.

Landmark Bancorp Company Profile

Landmark Bancorp, Inc operates as the financial holding company for Landmark National Bank that provides various financial and banking services to its local communities. It offers non-interest bearing demand, money market, checking, and savings accounts, as well as certificates of deposit. The company also provides one-to-four family residential real estate, construction and land, commercial real estate, commercial, paycheck protection program, municipal, and agriculture loans; and consumer and other loans, such as automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.