De Lisle Partners LLP Buys 29,637 Shares of Landmark Bancorp, Inc. (NASDAQ:LARK)

De Lisle Partners LLP grew its stake in Landmark Bancorp, Inc. (NASDAQ:LARK) by 78.1% during the third quarter, Holdings Channel.com reports. The fund owned 67,595 shares of the financial services provider’s stock after purchasing an additional 29,637 shares during the quarter. De Lisle Partners LLP’s holdings in Landmark Bancorp were worth $1,369,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. CGN Advisors LLC purchased a new stake in shares of Landmark Bancorp in the second quarter valued at approximately $202,000. Empowered Funds LLC raised 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 in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in Landmark Bancorp during the 2nd quarter valued at $338,000. 25.66% of the stock is owned by hedge funds and other institutional investors.

Landmark Bancorp Trading Up 0.6 %

LARK opened at $24.26 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 firm has a market cap of $133.43 million, a price-to-earnings ratio of 10.64 and a beta of 0.43. Landmark Bancorp, Inc. has a 12 month low of $17.90 and a 12 month high of $24.41. The stock has a fifty day moving average price of $21.00 and a 200-day moving average price of $20.19.

Landmark Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 3.46%. The ex-dividend date was Wednesday, November 13th. Landmark Bancorp’s payout ratio is 37.17%.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Landmark Bancorp in a report on Friday, November 22nd. They set a “hold” rating on the stock.

Landmark Bancorp 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.