The Manufacturers Life Insurance Company Has $3.77 Million Stock Holdings in Landmark Bancorp, Inc. (NASDAQ:LARK)

The Manufacturers Life Insurance Company trimmed its position in Landmark Bancorp, Inc. (NASDAQ:LARK) by 0.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 196,407 shares of the financial services provider’s stock after selling 607 shares during the quarter. The Manufacturers Life Insurance Company owned 3.59% of Landmark Bancorp worth $3,771,000 at the end of the most recent reporting period.

Separately, Empowered Funds LLC grew its holdings in Landmark Bancorp by 7.8% in the 1st quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock valued at $232,000 after buying an additional 875 shares in the last quarter. 25.66% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Landmark Bancorp in a report on Saturday. They issued a “hold” rating on the stock.

Landmark Bancorp Stock Performance

NASDAQ:LARK opened at $20.01 on Tuesday. The stock has a fifty day moving average price of $20.19 and a 200-day moving average price of $19.64. The company has a market cap of $109.53 million, a price-to-earnings ratio of 9.44 and a beta of 0.44. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.80 and a current ratio of 0.80. Landmark Bancorp, Inc. has a fifty-two week low of $15.70 and a fifty-two week high of $21.78.

Landmark Bancorp (NASDAQ:LARK) last released its earnings results on Monday, August 5th. The financial services provider reported $0.55 earnings per share for the quarter. The firm had revenue of $14.69 million during the quarter. Landmark Bancorp had a return on equity of 9.20% and a net margin of 13.59%.

Landmark Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 4th. Stockholders of record on Wednesday, August 21st were given a dividend of $0.21 per share. The ex-dividend date was Wednesday, August 21st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.20%. Landmark Bancorp’s payout ratio is 39.62%.

Landmark Bancorp 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.