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

StockNews.com began coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research note published on Sunday 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 research note on Wednesday, January 31st.

Landmark Bancorp Stock Down 1.0 %

Shares of NASDAQ LARK opened at $19.00 on Friday. The stock has a market cap of $103.93 million, a P/E ratio of 8.55 and a beta of 0.43. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.68. Landmark Bancorp has a 12-month low of $15.70 and a 12-month high of $21.78. The business’s fifty day simple moving average is $19.43 and its 200-day simple moving average is $19.33.

Landmark Bancorp (NASDAQ:LARK) last announced its quarterly earnings data on Wednesday, January 31st. The financial services provider reported $0.48 earnings per share (EPS) for the quarter. The business had revenue of $13.14 million for the quarter. Landmark Bancorp had a return on equity of 10.38% and a net margin of 15.70%.

Landmark Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 4.42%. The ex-dividend date of this dividend was Tuesday, February 13th. Landmark Bancorp’s dividend payout ratio is presently 37.79%.

Institutional Trading of Landmark Bancorp

An institutional investor recently raised its position in Landmark Bancorp stock. Kornitzer Capital Management Inc. KS raised its holdings in Landmark Bancorp, Inc. (NASDAQ:LARK) by 5.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 120,748 shares of the financial services provider’s stock after buying an additional 5,871 shares during the period. Kornitzer Capital Management Inc. KS owned about 2.20% of Landmark Bancorp worth $2,390,000 as of its most recent SEC filing. 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.