StockNews.com started coverage on shares of Landmark Bancorp (NASDAQ:LARK - Free Report) in a research report report published on Thursday. The brokerage issued a hold rating on the financial services provider's stock.
Landmark Bancorp Stock Performance
Shares of Landmark Bancorp stock remained flat at $22.06 on Thursday. 327 shares of the stock traded hands, compared to its average volume of 2,864. The firm has a 50-day moving average of $20.59 and a 200-day moving average of $19.94. The company has a market capitalization of $121.30 million, a PE ratio of 9.76 and a beta of 0.43. Landmark Bancorp has a 1-year low of $17.66 and a 1-year high of $22.58. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.80 and a quick ratio of 0.80.
Landmark Bancorp Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Investors 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 3.81%. The ex-dividend date is Wednesday, November 13th. Landmark Bancorp's dividend payout ratio (DPR) is 37.17%.
Institutional Trading of Landmark Bancorp
Hedge funds have recently bought and sold shares of the stock. Empowered Funds LLC increased its holdings in shares of 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 last quarter. CGN Advisors LLC bought a new position in Landmark Bancorp during the 2nd quarter valued at about $202,000. Sanctuary Advisors LLC bought a new position in Landmark Bancorp during the 2nd quarter valued at about $338,000. Finally, De Lisle Partners LLP grew its holdings 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 during the last quarter. Hedge funds and other institutional investors own 25.66% of the company's stock.
Landmark Bancorp Company Profile
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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.
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