Landmark Bancorp (NASDAQ:LARK) Coverage Initiated at StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a note issued to investors on Wednesday. The brokerage set a “hold” rating on the financial services provider’s stock.

Landmark Bancorp Stock Up 4.3 %

LARK stock opened at $20.88 on Wednesday. The stock has a market capitalization of $114.30 million, a price-to-earnings ratio of 9.85 and a beta of 0.44. The company has a 50-day moving average of $20.06 and a two-hundred day moving average of $19.57. Landmark Bancorp has a 52-week low of $15.70 and a 52-week high of $21.78. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.80 and a quick ratio of 0.80.

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

Institutional Trading of Landmark Bancorp

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Private Advisor Group LLC bought a new stake in shares of Landmark Bancorp in the fourth quarter valued at about $240,000. Empowered Funds LLC raised 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 acquiring an additional 875 shares in the last quarter. CGN Advisors LLC bought a new stake in shares of Landmark Bancorp in the 2nd quarter worth approximately $202,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Landmark Bancorp during the 2nd quarter worth approximately $338,000. 25.66% of the stock is currently owned by institutional investors and hedge funds.

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.