StockNews.com Begins Coverage on Landmark Bancorp (NASDAQ:LARK)

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

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

Landmark Bancorp Stock Performance

Shares of LARK stock opened at $19.03 on Friday. The stock has a fifty day moving average price of $19.49 and a 200 day moving average price of $19.30. The stock has a market cap of $104.09 million, a PE ratio of 8.56 and a beta of 0.43. Landmark Bancorp has a 1 year low of $15.70 and a 1 year high of $21.78. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.74 and a current ratio of 0.74.

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

Landmark Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Wednesday, February 14th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date of this dividend was Tuesday, February 13th. Landmark Bancorp’s payout ratio is currently 37.79%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Landmark Bancorp stock. Private Advisor Group LLC acquired a new position in shares of Landmark Bancorp, Inc. (NASDAQ:LARK) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 12,131 shares of the financial services provider’s stock, valued at approximately $240,000. Private Advisor Group LLC owned approximately 0.22% of Landmark Bancorp at the end of the most recent reporting period. 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.