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

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

LARK stock opened at $26.06 on Monday. The company has a quick ratio of 0.74, a current ratio of 0.75 and a debt-to-equity ratio of 0.16. Landmark Bancorp has a 52-week low of $23.38 and a 52-week high of $31.50. The stock’s 50 day moving average is $26.98 and its two-hundred day moving average is $27.98. The company has a market capitalization of $130.22 million, a PE ratio of 7.24 and a beta of 0.42.

Landmark Bancorp (NASDAQ:LARKGet Rating) last posted its quarterly earnings data on Tuesday, February 1st. The financial services provider reported $0.63 earnings per share (EPS) for the quarter. Landmark Bancorp had a return on equity of 13.55% and a net margin of 29.01%. The company had revenue of $13.73 million for the quarter.

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 2nd. Stockholders of record on Wednesday, February 16th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.22%. This is an increase from Landmark Bancorp’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Tuesday, February 15th. Landmark Bancorp’s payout ratio is 23.32%.

In other news, Director Patrick L. Alexander sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, March 3rd. The stock was sold at an average price of $27.26, for a total value of $68,150.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 17.10% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently modified their holdings of the company. UMB Bank N A MO bought a new stake in shares of Landmark Bancorp in the 4th quarter valued at approximately $32,000. Royal Bank of Canada grew its stake in Landmark Bancorp by 97.5% during the 2nd quarter. Royal Bank of Canada now owns 1,550 shares of the financial services provider’s stock worth $42,000 after buying an additional 765 shares during the last quarter. State Street Corp grew its stake in Landmark Bancorp by 5.0% during the 4th quarter. State Street Corp now owns 8,489 shares of the financial services provider’s stock worth $242,000 after buying an additional 403 shares during the last quarter. Petiole USA ltd bought a new position in Landmark Bancorp during the 4th quarter worth $294,000. Finally, Naples Global Advisors LLC grew its stake in Landmark Bancorp by 4.9% during the 4th quarter. Naples Global Advisors LLC now owns 10,946 shares of the financial services provider’s stock worth $312,000 after buying an additional 516 shares during the last quarter. Institutional investors and hedge funds own 24.57% of the company’s stock.

About Landmark Bancorp (Get Rating)

Landmark Bancorp, Inc /Kansas/ is a holding company. The firm engages in the provision of financial and banking services. It offers checking accounts, savings and investments, loans, online and mobile, business checking and business services. The company was founded on April 22, 1885 and is headquartered in Manhattan, KS.

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