Landmark Bancorp (NASDAQ:LARK) Coverage Initiated by Analysts at StockNews.com

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

Landmark Bancorp Stock Performance

Shares of LARK stock opened at $23.22 on Friday. The company’s fifty day moving average price is $20.92 and its 200-day moving average price is $20.16. The stock has a market cap of $127.73 million, a PE ratio of 10.27 and a beta of 0.43. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81. Landmark Bancorp has a 12 month low of $17.90 and a 12 month high of $23.90.

Landmark Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date of this dividend is Wednesday, November 13th. Landmark Bancorp’s dividend payout ratio is 37.17%.

Hedge Funds Weigh In On Landmark Bancorp

Several large investors have recently made changes to their positions in the business. De Lisle Partners LLP increased its position 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 buying an additional 29,637 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Landmark Bancorp by 5.2% in the third quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock worth $275,000 after acquiring an additional 670 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Landmark Bancorp in the second quarter worth $338,000. Finally, CGN Advisors LLC bought a new position in shares of Landmark Bancorp during the second quarter valued at $202,000. 25.66% of the stock is currently owned by hedge funds and other institutional investors.

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.