Landmark Bancorp (NASDAQ:LARK) Receives New Coverage from Analysts at StockNews.com

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

Separately, TheStreet upgraded Landmark Bancorp from a c rating to a b rating in a report on Wednesday, January 31st.

Landmark Bancorp Stock Performance

LARK stock opened at $19.60 on Wednesday. Landmark Bancorp has a 1-year low of $15.70 and a 1-year high of $21.78. The business has a 50-day moving average price of $19.98 and a 200 day moving average price of $19.20. The company has a market capitalization of $107.41 million, a P/E ratio of 8.82 and a beta of 0.43. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.73 and a quick ratio of 0.73.

Landmark Bancorp (NASDAQ:LARK) last posted its quarterly earnings results on Wednesday, January 31st. The financial services provider reported $0.48 EPS for the quarter. Landmark Bancorp had a net margin of 15.70% and a return on equity of 10.65%. The business had revenue of $13.14 million during the quarter.

Landmark Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th were paid a $0.21 dividend. The ex-dividend date was Tuesday, February 13th. This represents a $0.84 annualized dividend and a yield of 4.29%. Landmark Bancorp’s dividend payout ratio (DPR) is presently 37.79%.

Institutional Trading of Landmark Bancorp

Several hedge funds have recently modified their holdings of LARK. The Manufacturers Life Insurance Company raised its stake in shares of Landmark Bancorp by 19.6% during the 1st quarter. The Manufacturers Life Insurance Company now owns 216,907 shares of the financial services provider’s stock worth $5,711,000 after acquiring an additional 35,622 shares in the last quarter. Vanguard Group Inc. grew its holdings in Landmark Bancorp by 12.9% in the third quarter. Vanguard Group Inc. now owns 157,442 shares of the financial services provider’s stock worth $4,025,000 after purchasing an additional 18,000 shares during the last quarter. Private Advisor Group LLC acquired a new position in shares of Landmark Bancorp during the fourth quarter worth $240,000. Jane Street Group LLC purchased a new stake in shares of Landmark Bancorp during the 4th quarter valued at $271,000. Finally, Susquehanna International Group LLP purchased a new position in Landmark Bancorp during the 4th quarter worth $225,000. 25.66% of the stock is owned by hedge funds and other institutional investors.

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, including automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.