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

StockNews.com started coverage on shares of Landmark Bancorp (NASDAQ:LARKGet Rating) in a research note released on Monday morning. The brokerage issued a buy rating on the financial services provider’s stock.

Landmark Bancorp Stock Performance

NASDAQ:LARK opened at $25.49 on Monday. Landmark Bancorp has a twelve month low of $24.16 and a twelve month high of $31.00. The company has a market cap of $126.69 million, a P/E ratio of 10.80 and a beta of 0.32. The company’s 50-day moving average price is $25.77 and its 200-day moving average price is $25.47. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.92.

Landmark Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 30th. Investors of record on Wednesday, November 16th will be given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 3.30%. The ex-dividend date is Tuesday, November 15th. Landmark Bancorp’s payout ratio is currently 35.59%.

Institutional Investors Weigh In On Landmark Bancorp

Several hedge funds and other institutional investors have recently bought and sold shares of LARK. Vanguard Group Inc. increased its position in Landmark Bancorp by 1.5% during the first quarter. Vanguard Group Inc. now owns 135,627 shares of the financial services provider’s stock worth $3,571,000 after purchasing an additional 2,019 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Landmark Bancorp by 19.6% during the first quarter. The Manufacturers Life Insurance Company now owns 216,907 shares of the financial services provider’s stock worth $5,711,000 after purchasing an additional 35,622 shares during the last quarter. US Bancorp DE acquired a new stake in shares of Landmark Bancorp during the second quarter valued at about $60,000. Finally, UBS Group AG increased its position in shares of Landmark Bancorp by 17.1% during the second quarter. UBS Group AG now owns 4,444 shares of the financial services provider’s stock valued at $112,000 after acquiring an additional 648 shares during the last quarter. 21.85% of the stock is currently owned by institutional investors and hedge funds.

About Landmark Bancorp

(Get Rating)

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 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, including automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.

Featured Stories

Receive News & Ratings for Landmark Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Landmark Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.