StockNews.com Begins Coverage on Landmark Bancorp (NASDAQ:LARK)

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

Landmark Bancorp Trading Down 1.7 %

NASDAQ LARK opened at $20.12 on Friday. The firm’s 50 day moving average price is $20.22 and its two-hundred day moving average price is $19.69. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.80 and a current ratio of 0.80. Landmark Bancorp has a twelve month low of $15.70 and a twelve month high of $21.78. The stock has a market cap of $110.14 million, a price-to-earnings ratio of 9.49 and a beta of 0.44.

Landmark Bancorp (NASDAQ:LARKGet Free Report) last posted its quarterly earnings results on Monday, August 5th. The financial services provider reported $0.55 EPS for the quarter. The business had revenue of $14.69 million during 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. Stockholders of record on Wednesday, August 21st were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date was Wednesday, August 21st. Landmark Bancorp’s dividend payout ratio is 39.62%.

Institutional Trading of Landmark Bancorp

Institutional investors and hedge funds have recently modified their holdings of the company. Empowered Funds LLC increased its position 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 worth $232,000 after buying an additional 875 shares during the period. CGN Advisors LLC bought a new position in Landmark Bancorp during the second quarter worth $202,000. Finally, Sanctuary Advisors LLC acquired a new position in Landmark Bancorp during the 2nd quarter valued at $338,000. 25.66% of the stock is currently owned by institutional investors and hedge funds.

About Landmark Bancorp

(Get Free Report)

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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