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

Investment analysts at StockNews.com assumed coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research report issued to clients and investors on Sunday. The firm set a “hold” rating on the financial services provider’s stock.

Landmark Bancorp Trading Up 1.2 %

NASDAQ LARK opened at $20.49 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.80 and a current ratio of 0.80. The firm has a market cap of $112.16 million, a price-to-earnings ratio of 9.67 and a beta of 0.44. The firm has a 50 day simple moving average of $20.21 and a 200-day simple moving average of $19.67. Landmark Bancorp has a one year low of $15.70 and a one year high of $21.78.

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

Hedge Funds Weigh In On Landmark Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Sanctuary Advisors LLC acquired a new stake in Landmark Bancorp in the second quarter valued at approximately $338,000. CGN Advisors LLC purchased a new stake in shares of Landmark Bancorp in the 2nd quarter valued at approximately $202,000. Finally, Empowered Funds LLC raised its holdings in shares of 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 purchasing an additional 875 shares in the last quarter. Hedge funds and other institutional investors own 25.66% of the company’s stock.

About Landmark Bancorp

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.