Landmark Bancorp (NASDAQ:LARK) Coverage Initiated by Analysts at StockNews.com

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

Landmark Bancorp Price Performance

Shares of Landmark Bancorp stock opened at $20.97 on Tuesday. Landmark Bancorp has a 12-month low of $15.70 and a 12-month high of $21.78. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.19. The stock has a 50 day moving average price of $19.97 and a two-hundred day moving average price of $19.54. The stock has a market capitalization of $114.79 million, a P/E ratio of 9.89 and a beta of 0.44.

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

Landmark Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 4th. Stockholders of record on Wednesday, August 21st were paid a $0.21 dividend. The ex-dividend date was Wednesday, August 21st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.01%. Landmark Bancorp’s payout ratio is presently 39.62%.

Institutional Trading of Landmark Bancorp

Several hedge funds have recently added to or reduced their stakes in the business. Sanctuary Advisors LLC acquired a new position in shares of Landmark Bancorp during the second quarter worth approximately $338,000. CGN Advisors LLC acquired a new position in Landmark Bancorp during the 2nd quarter valued at $202,000. Empowered Funds LLC boosted its holdings in Landmark Bancorp by 7.8% in 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. Finally, Private Advisor Group LLC acquired a new stake in Landmark Bancorp in the 4th quarter worth $240,000. Institutional investors 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.