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

StockNews.com initiated coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research note published on Wednesday morning. The brokerage issued a hold rating on the financial services provider’s stock.

Landmark Bancorp Stock Performance

LARK stock opened at $24.02 on Wednesday. Landmark Bancorp has a 1-year low of $17.05 and a 1-year high of $25.25. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81. The stock has a 50-day moving average price of $23.17 and a 200-day moving average price of $21.12. The firm has a market cap of $138.74 million, a PE ratio of 11.16 and a beta of 0.46.

Landmark Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.84 annualized dividend and a yield of 3.50%. Landmark Bancorp’s payout ratio is 37.21%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. De Lisle Partners LLP boosted its holdings in shares of Landmark Bancorp by 78.1% in the 3rd quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock worth $1,369,000 after buying an additional 29,637 shares during the last quarter. Empowered Funds LLC boosted its holdings in Landmark Bancorp by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock worth $275,000 after buying an additional 670 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in shares of Landmark Bancorp in the second quarter worth $338,000. 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.