Landmark Bancorp (NASDAQ:LARK) Stock Passes Below Two Hundred Day Moving Average - Should You Sell?

Key Points

• Landmark Bancorp's stock recently fell below its 200-day moving average, trading at $25.35 compared to the average of $26.73.
• Wall Street analysts have downgraded the stock from a "buy" to a "hold" rating, indicating a cautious outlook.
• The company declared a quarterly dividend of $0.21 per share, representing a yield of 3.3% and a dividend payout ratio of 29.79%.

Landmark Bancorp Inc. (NASDAQ:LARK - Get Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $26.73 and traded as low as $25.01. Landmark Bancorp shares last traded at $25.35, with a volume of 8,398 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered Landmark Bancorp from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th.

Landmark Bancorp Price Performance

The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 1.19. The stock's 50-day moving average price is $26.04 and its 200-day moving average price is $26.78. The company has a market capitalization of $155.08 million, a price-to-earnings ratio of 9.53 and a beta of 0.27.

Landmark Bancorp (NASDAQ:LARK - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The financial services provider reported $0.75 EPS for the quarter. The firm had revenue of $17.31 million for the quarter. Landmark Bancorp had a return on equity of 12.09% and a net margin of 17.55%.

Landmark Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 27th. Investors of record on Wednesday, August 13th will be given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Wednesday, August 13th. Landmark Bancorp's dividend payout ratio (DPR) is presently 29.79%.

Institutional Investors Weigh In On Landmark Bancorp

Several institutional investors have recently modified their holdings of the business. Empowered Funds LLC raised its stake in shares of Landmark Bancorp by 2.6% during the first quarter. Empowered Funds LLC now owns 14,933 shares of the financial services provider's stock worth $407,000 after buying an additional 377 shares during the last quarter. Private Advisor Group LLC grew its holdings in Landmark Bancorp by 3.4% during the 1st quarter. Private Advisor Group LLC now owns 14,449 shares of the financial services provider's stock worth $394,000 after acquiring an additional 480 shares during the period. First Manhattan CO. LLC. raised its position in shares of Landmark Bancorp by 5.0% during the 4th quarter. First Manhattan CO. LLC. now owns 21,618 shares of the financial services provider's stock valued at $519,000 after acquiring an additional 1,029 shares during the last quarter. BOKF NA raised its position in shares of Landmark Bancorp by 5.0% during the 4th quarter. BOKF NA now owns 22,441 shares of the financial services provider's stock valued at $514,000 after acquiring an additional 1,068 shares during the last quarter. Finally, Bridgeway Capital Management LLC lifted its stake in shares of Landmark Bancorp by 3.4% in the 2nd quarter. Bridgeway Capital Management LLC now owns 42,213 shares of the financial services provider's stock valued at $1,116,000 after purchasing an additional 1,370 shares during the period. Institutional investors and hedge funds 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.