Landmark Bancorp (NASDAQ:LARK) Research Coverage Started at StockNews.com

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

Landmark Bancorp Stock Performance

LARK opened at $20.37 on Monday. The company’s 50 day moving average is $20.31 and its 200 day moving average is $19.72. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.19. The company has a market cap of $111.51 million, a price-to-earnings ratio of 9.61 and a beta of 0.44. Landmark Bancorp has a 12-month low of $15.70 and a 12-month high of $21.78.

Landmark Bancorp (NASDAQ:LARK) last issued its quarterly earnings results on Monday, August 5th. The financial services provider reported $0.55 earnings per share for the quarter. The business had revenue of $14.69 million for the quarter. Landmark Bancorp had a net margin of 13.59% and a return on equity of 9.20%.

Landmark Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Wednesday, August 21st were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.12%. Landmark Bancorp’s dividend payout ratio (DPR) is presently 39.62%.

Institutional Trading of Landmark Bancorp

Several institutional investors and hedge funds have recently modified their holdings of LARK. Sanctuary Advisors LLC purchased a new stake in Landmark Bancorp in the 2nd quarter worth $338,000. CGN Advisors LLC purchased a new stake in shares of Landmark Bancorp during the second quarter worth about $202,000. Finally, Empowered Funds LLC raised its stake in Landmark Bancorp by 7.8% during the 1st quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock valued at $232,000 after purchasing an additional 875 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.