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

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

Landmark Bancorp Price Performance

Shares of NASDAQ LARK traded down $0.01 during mid-day trading on Wednesday, hitting $21.41. 103 shares of the stock traded hands, compared to its average volume of 2,909. 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 twelve month low of $16.77 and a twelve month high of $21.78. The company has a market cap of $117.76 million, a PE ratio of 9.45 and a beta of 0.43. The firm has a 50 day simple moving average of $20.42 and a two-hundred day simple moving average of $19.82.

Landmark Bancorp (NASDAQ:LARK) last announced its earnings results on Monday, August 5th. The financial services provider reported $0.55 EPS for the quarter. The firm had revenue of $14.69 million for the quarter. Landmark Bancorp had a return on equity of 9.71% and a net margin of 14.36%.

Landmark Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.92%. The ex-dividend date is Wednesday, November 13th. Landmark Bancorp’s dividend payout ratio is 37.17%.

Institutional Trading of Landmark Bancorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LARK. Empowered Funds LLC grew its holdings in shares of 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 acquiring an additional 875 shares in the last quarter. CGN Advisors LLC purchased a new stake in shares of Landmark Bancorp during the second quarter worth $202,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Landmark Bancorp during the second quarter worth $338,000. 25.66% of the stock is 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.