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

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

Landmark Bancorp Trading Down 0.0 %

NASDAQ LARK traded down $0.01 on Wednesday, reaching $21.41. The company had a trading volume of 103 shares, compared to its average volume of 2,909. The stock’s 50 day moving average is $20.42 and its 200-day moving average is $19.82. The stock has a market cap of $117.76 million, a price-to-earnings ratio of 9.45 and a beta of 0.43. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.19. Landmark Bancorp has a 52 week low of $16.77 and a 52 week high of $21.78.

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

Landmark Bancorp Announces Dividend

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 given a $0.21 dividend. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.92%. Landmark Bancorp’s payout ratio is 37.17%.

Institutional Trading of Landmark Bancorp

A number of hedge funds have recently made changes to their positions in the business. Empowered Funds LLC lifted its holdings in Landmark Bancorp by 7.8% during the 1st quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock worth $232,000 after purchasing an additional 875 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in Landmark Bancorp during the 2nd quarter worth approximately $338,000. Finally, CGN Advisors LLC bought a new position in Landmark Bancorp during the 2nd quarter worth $202,000. 25.66% of the stock is owned by institutional investors and hedge funds.

About Landmark Bancorp

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.