Landmark Bancorp (NASDAQ:LARK) Earns Hold Rating from Analysts at StockNews.com

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

Landmark Bancorp Trading Down 0.6 %

LARK opened at $27.14 on Friday. Landmark Bancorp has a fifty-two week low of $17.05 and a fifty-two week high of $28.55. The firm has a market capitalization of $156.76 million, a PE ratio of 11.98 and a beta of 0.43. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.80 and a quick ratio of 0.79. The company’s 50-day moving average is $24.52 and its 200 day moving average is $22.93.

Landmark Bancorp (NASDAQ:LARK) last issued its quarterly earnings data on Tuesday, February 4th. The financial services provider reported $0.71 EPS for the quarter. Landmark Bancorp had a return on equity of 10.51% and a net margin of 14.51%.

Landmark Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Wednesday, February 19th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 3.10%. This is an increase from Landmark Bancorp’s previous quarterly dividend of $0.20. The ex-dividend date was Wednesday, February 19th. Landmark Bancorp’s payout ratio is currently 37.00%.

Insider Transactions at Landmark Bancorp

In other Landmark Bancorp news, Director Patrick L. Alexander sold 20,000 shares of Landmark Bancorp stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $24.53, for a total transaction of $490,600.00. Following the transaction, the director now owns 80,285 shares of the company’s stock, valued at $1,969,391.05. This trade represents a 19.94 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael E. Scheopner sold 3,097 shares of the business’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $25.31, for a total value of $78,385.07. Following the completion of the transaction, the director now owns 131,269 shares in the company, valued at $3,322,418.39. The trade was a 2.30 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 17.20% of the company’s stock.

Institutional Trading of Landmark Bancorp

A number of hedge funds have recently bought and sold shares of the business. CGN Advisors LLC grew its stake in Landmark Bancorp by 5.0% in the 4th quarter. CGN Advisors LLC now owns 11,045 shares of the financial services provider’s stock valued at $265,000 after purchasing an additional 526 shares during the period. Empowered Funds LLC boosted its holdings in shares of Landmark Bancorp by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock worth $275,000 after buying an additional 670 shares during the last quarter. Private Advisor Group LLC grew its position in Landmark Bancorp by 5.0% during the fourth quarter. Private Advisor Group LLC now owns 13,969 shares of the financial services provider’s stock valued at $335,000 after buying an additional 660 shares during the period. OneDigital Investment Advisors LLC increased its holdings in Landmark Bancorp by 5.0% during the fourth quarter. OneDigital Investment Advisors LLC now owns 14,053 shares of the financial services provider’s stock worth $337,000 after buying an additional 671 shares during the last quarter. Finally, Fourthstone LLC bought a new stake in Landmark Bancorp in the fourth quarter worth about $466,000. 25.66% of the stock is currently 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.