Landmark Bancorp (NASDAQ:LARK) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research report sent to investors on Saturday. The brokerage 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 research note on Wednesday, January 31st.

Landmark Bancorp Price Performance

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

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

Landmark Bancorp Announces Dividend

The business 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 annualized dividend and a yield of 4.41%. The ex-dividend date of this dividend was Tuesday, February 13th. Landmark Bancorp’s dividend payout ratio (DPR) is currently 37.79%.

Institutional Investors Weigh In On Landmark Bancorp

An institutional investor recently raised its position in Landmark Bancorp stock. Kornitzer Capital Management Inc. KS grew its holdings in shares of Landmark Bancorp, Inc. (NASDAQ:LARK) by 5.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 120,748 shares of the financial services provider’s stock after buying an additional 5,871 shares during the quarter. Kornitzer Capital Management Inc. KS owned 2.20% of Landmark Bancorp worth $2,390,000 at the end of the most recent reporting period. Institutional investors own 25.66% of the company’s stock.

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.