Landmark Bancorp (NASDAQ:LARK) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started 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 Trading Up 0.2 %

Shares of LARK opened at $23.22 on Friday. The stock has a market capitalization of $127.73 million, a P/E ratio of 10.27 and a beta of 0.43. Landmark Bancorp has a twelve month low of $17.90 and a twelve month high of $23.90. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 0.81. The firm has a fifty day simple moving average of $20.92 and a two-hundred day simple moving average of $20.16.

Landmark Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th will be issued 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 yield of 3.62%. Landmark Bancorp’s dividend payout ratio is presently 37.17%.

Institutional Investors Weigh In On Landmark Bancorp

A number of large investors have recently made changes to their positions in LARK. CGN Advisors LLC bought a new position in shares of Landmark Bancorp during the second quarter valued at approximately $202,000. Empowered Funds LLC increased its position in Landmark Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock valued at $275,000 after purchasing an additional 670 shares during the period. Sanctuary Advisors LLC bought a new position in Landmark Bancorp in the 2nd quarter worth $338,000. Finally, De Lisle Partners LLP lifted its position 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 purchasing an additional 29,637 shares during the period. 25.66% of the stock is currently owned by 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.