Landmark Bancorp (NASDAQ:LARK) Now Covered by Analysts at StockNews.com

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

Landmark Bancorp Trading Up 1.2 %

LARK opened at $20.49 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.80 and a quick ratio of 0.80. Landmark Bancorp has a fifty-two week low of $15.70 and a fifty-two week high of $21.78. The company’s 50 day moving average price is $20.21 and its two-hundred day moving average price is $19.67. The firm has a market capitalization of $112.16 million, a price-to-earnings ratio of 9.67 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. The company 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 announced a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Wednesday, August 21st were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 4.10%. The ex-dividend date of this dividend was Wednesday, August 21st. Landmark Bancorp’s payout ratio is presently 39.62%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in LARK. CGN Advisors LLC acquired a new stake in shares of Landmark Bancorp during the second quarter worth $202,000. Empowered Funds LLC lifted its holdings in Landmark Bancorp by 7.8% in the first quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock valued at $232,000 after buying an additional 875 shares during the period. Finally, Sanctuary Advisors LLC bought a new stake in Landmark Bancorp during the second quarter valued at $338,000. 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.