Landmark Bancorp (NASDAQ:LARK) Research Coverage Started at StockNews.com

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

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

Landmark Bancorp Trading Up 0.9 %

NASDAQ LARK opened at $18.98 on Monday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.74 and a current ratio of 0.74. The company has a market capitalization of $103.90 million, a price-to-earnings ratio of 8.95 and a beta of 0.44. The company’s 50-day simple moving average is $19.25 and its two-hundred day simple moving average is $19.37. Landmark Bancorp has a one year low of $15.70 and a one year high of $21.78.

Landmark Bancorp (NASDAQ:LARK) last issued its quarterly earnings data on Wednesday, May 1st. The financial services provider reported $0.51 earnings per share (EPS) for the quarter. Landmark Bancorp had a net margin of 14.39% and a return on equity of 9.88%. The firm had revenue of $21.15 million for the quarter.

Landmark Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 29th. Investors of record on Wednesday, May 15th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 4.43%. The ex-dividend date of this dividend is Tuesday, May 14th. Landmark Bancorp’s dividend payout ratio is currently 39.62%.

Hedge Funds Weigh In On Landmark Bancorp

Institutional investors and hedge funds have recently bought and sold shares of the business. Empowered Funds LLC boosted its holdings in shares of 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. Private Advisor Group LLC acquired a new stake in shares of Landmark Bancorp in the fourth quarter valued at $240,000. Finally, Kornitzer Capital Management Inc. KS lifted its stake in Landmark Bancorp by 5.1% in the fourth quarter. Kornitzer Capital Management Inc. KS now owns 120,748 shares of the financial services provider’s stock worth $2,390,000 after acquiring an additional 5,871 shares during the last quarter. 25.66% of the stock is currently owned by institutional investors and hedge funds.

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.