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

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

Landmark Bancorp Price Performance

Landmark Bancorp stock opened at $22.92 on Thursday. 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 market cap of $132.39 million, a P/E ratio of 10.65 and a beta of 0.46. The company has a 50-day moving average price of $23.44 and a 200 day moving average price of $21.27. Landmark Bancorp has a 12-month low of $17.05 and a 12-month high of $25.25.

Landmark Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were given a $0.21 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.84 annualized dividend and a yield of 3.66%. Landmark Bancorp’s payout ratio is 37.21%.

Hedge Funds Weigh In On Landmark Bancorp

Several large investors have recently modified their holdings of the business. Empowered Funds LLC raised 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 valued at $275,000 after buying an additional 670 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Landmark Bancorp in the second quarter valued at $338,000. Finally, De Lisle Partners LLP grew its stake in shares of Landmark Bancorp by 78.1% in the third 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. Institutional investors and hedge funds own 25.66% of the company’s stock.

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.