Landmark Bancorp (NASDAQ:LARK) Earns Hold Rating from Analysts at StockNews.com

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

Landmark Bancorp Stock Performance

LARK opened at $20.12 on Friday. Landmark Bancorp has a 1 year low of $15.70 and a 1 year high of $21.78. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.19. The stock’s 50 day simple moving average is $20.22 and its 200-day simple moving average is $19.69. The stock has a market cap of $110.14 million, a PE ratio of 9.49 and a beta of 0.44.

Landmark Bancorp (NASDAQ:LARK) last issued its earnings results 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 for the quarter.

Landmark Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 4th. Stockholders of record on Wednesday, August 21st were issued a $0.21 dividend. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.17%. Landmark Bancorp’s payout ratio is presently 39.62%.

Institutional Investors Weigh In On Landmark Bancorp

Several large investors have recently made changes to their positions in LARK. Empowered Funds LLC boosted its holdings in shares of 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 acquiring an additional 875 shares in the last quarter. CGN Advisors LLC acquired a new stake in Landmark Bancorp during the 2nd quarter valued at $202,000. Finally, Sanctuary Advisors LLC bought a new position in Landmark Bancorp in the 2nd 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.