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

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

Landmark Bancorp Stock Performance

NASDAQ:LARK opened at $22.06 on Thursday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.81. Landmark Bancorp has a twelve month low of $17.66 and a twelve month high of $22.58. The company has a fifty day moving average of $20.62 and a 200-day moving average of $19.99. The firm has a market capitalization of $121.33 million, a P/E ratio of 9.76 and a beta of 0.43.

Landmark Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.81%. Landmark Bancorp’s dividend payout ratio (DPR) is presently 37.17%.

Institutional Trading of Landmark Bancorp

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CGN Advisors LLC acquired a new stake in Landmark Bancorp in the second quarter valued at approximately $202,000. Empowered Funds LLC lifted its holdings in shares of Landmark Bancorp by 7.8% in the 1st quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock worth $232,000 after purchasing an additional 875 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in Landmark Bancorp in the 2nd quarter valued at $338,000. Finally, De Lisle Partners LLP increased its stake in 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 valued at $1,369,000 after purchasing an additional 29,637 shares in the last quarter. 25.66% of the stock is owned by institutional investors.

About Landmark Bancorp

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.