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

StockNews.com initiated coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research report sent to investors on Wednesday morning. The firm issued a hold rating on the financial services provider’s stock.

Separately, TheStreet upgraded shares of Landmark Bancorp from a c rating to a b rating in a research report on Wednesday, January 31st.

Landmark Bancorp Stock Up 1.7 %

LARK opened at $19.60 on Wednesday. Landmark Bancorp has a 52 week low of $15.70 and a 52 week high of $21.78. The business has a 50 day moving average price of $19.98 and a two-hundred day moving average price of $19.20. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.95. The company has a market cap of $107.41 million, a PE ratio of 8.82 and a beta of 0.43.

Landmark Bancorp (NASDAQ:LARK) last released its earnings results on Wednesday, January 31st. The financial services provider reported $0.48 earnings per share (EPS) for the quarter. Landmark Bancorp had a return on equity of 10.65% and a net margin of 15.70%. The business had revenue of $13.14 million for the quarter.

Landmark Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Wednesday, February 14th were paid a $0.21 dividend. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.29%. Landmark Bancorp’s dividend payout ratio (DPR) is presently 37.79%.

Institutional Investors Weigh In On Landmark Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. UBS Group AG increased its holdings in shares of Landmark Bancorp by 20.0% in the 4th quarter. UBS Group AG now owns 4,557 shares of the financial services provider’s stock valued at $103,000 after purchasing an additional 761 shares in the last quarter. Bank of America Corp DE acquired a new position in Landmark Bancorp during the first quarter worth about $156,000. Morgan Stanley increased its holdings in Landmark Bancorp by 1,457.6% in the fourth quarter. Morgan Stanley now owns 7,601 shares of the financial services provider’s stock valued at $172,000 after buying an additional 7,113 shares in the last quarter. Private Advisor Group LLC acquired a new stake in shares of Landmark Bancorp during the 2nd quarter valued at approximately $216,000. Finally, Susquehanna International Group LLP purchased a new stake in shares of Landmark Bancorp during the 4th quarter worth approximately $225,000. 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, including automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.