Landmark Bancorp (NASDAQ:LARK) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

Landmark Bancorp Inc. (NASDAQ:LARK)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $26.37 and traded as low as $25.15. Landmark Bancorp shares last traded at $25.55, with a volume of 4,823 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Landmark Bancorp in a report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Landmark Bancorp presently has a consensus rating of “Hold”.

Landmark Bancorp Trading Down 1.9%

The company has a 50 day moving average of $26.99 and a 200 day moving average of $26.37. The firm has a market cap of $155.09 million, a P/E ratio of 8.34 and a beta of 0.29. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.84 and a current ratio of 0.84.

Landmark Bancorp (NASDAQ:LARK) last posted its earnings results on Wednesday, January 28th. The financial services provider reported $0.77 earnings per share (EPS) for the quarter. The firm had revenue of $18.69 million during the quarter. Landmark Bancorp had a net margin of 19.56% and a return on equity of 12.61%.

Landmark Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 26th. Investors of record on Thursday, February 12th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Thursday, February 12th. This is a boost from Landmark Bancorp’s previous quarterly dividend of $0.20. Landmark Bancorp’s dividend payout ratio (DPR) is presently 27.36%.

Institutional Investors Weigh In On Landmark Bancorp

A number of large investors have recently bought and sold shares of LARK. BOKF NA lifted its position in shares of Landmark Bancorp by 2.0% in the fourth quarter. BOKF NA now owns 19,375 shares of the financial services provider’s stock worth $507,000 after buying an additional 375 shares during the last quarter. Empowered Funds LLC increased its holdings in shares of Landmark Bancorp by 2.6% during the 1st quarter. Empowered Funds LLC now owns 14,933 shares of the financial services provider’s stock valued at $407,000 after acquiring an additional 377 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Landmark Bancorp by 55.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,103 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 392 shares during the last quarter. CGN Advisors LLC raised its stake in shares of Landmark Bancorp by 5.0% in the 4th quarter. CGN Advisors LLC now owns 11,559 shares of the financial services provider’s stock valued at $303,000 after acquiring an additional 549 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Landmark Bancorp by 5.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 14,237 shares of the financial services provider’s stock valued at $373,000 after acquiring an additional 677 shares in the last quarter. 25.66% of the stock is currently owned by institutional investors.

About Landmark Bancorp

Landmark Bancorp, Inc is the bank holding company for Landmark Community Bank, a community‐focused financial institution. The company provides a full range of deposit and lending products through its subsidiary, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lines of credit and small business loans. Landmark Bancorp emphasizes personalized service, leveraging local decision-making to meet the unique needs of individuals and local enterprises.

In addition to traditional deposit and lending services, Landmark Bancorp offers comprehensive cash-management and treasury solutions for commercial clients.