StockNews.com initiated coverage on shares of Landmark Bancorp (NASDAQ:LARK - Free Report) in a research report report published on Wednesday morning. The firm issued a hold rating on the financial services provider's stock.
Landmark Bancorp Price Performance
Shares of NASDAQ LARK traded up $0.59 during mid-day trading on Wednesday, reaching $21.35. The company's stock had a trading volume of 5,577 shares, compared to its average volume of 1,232. The stock has a 50-day moving average of $20.39 and a two-hundred day moving average of $19.81. The stock has a market capitalization of $117.43 million, a P/E ratio of 9.45 and a beta of 0.43. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.80 and a current ratio of 0.80. Landmark Bancorp has a 1-year low of $16.67 and a 1-year high of $21.78.
Landmark Bancorp (NASDAQ:LARK - Get Free Report) last issued its earnings results on Monday, August 5th. The financial services provider reported $0.55 EPS for the quarter. The business had revenue of $14.69 million during the quarter. Landmark Bancorp had a net margin of 14.36% and a return on equity of 9.71%.
Landmark Bancorp Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th will be given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 3.93%. The ex-dividend date is Wednesday, November 13th. Landmark Bancorp's payout ratio is currently 37.17%.
Institutional Investors Weigh In On Landmark Bancorp
Hedge funds and other institutional investors have recently bought and sold shares of the company. CGN Advisors LLC acquired a new stake in Landmark Bancorp during the second quarter worth about $202,000. Empowered Funds LLC increased its position in shares of Landmark Bancorp by 7.8% during the first quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider's stock valued at $232,000 after acquiring an additional 875 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Landmark Bancorp during the second quarter valued at about $338,000. 25.66% of the stock is currently owned by institutional investors and hedge funds.
Landmark Bancorp Company Profile
(
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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.
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