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

Posted by ABMN Staff on Dec 16th, 2024

Stock analysts at StockNews.com assumed coverage on shares of Landmark Bancorp (NASDAQ:LARK – Get Free Report) in a research report issued on Monday. The brokerage set a “hold” rating on the financial services provider’s stock.

Landmark Bancorp Stock Down 2.4 %

LARK opened at $23.51 on Monday. Landmark Bancorp has a twelve month low of $17.05 and a twelve month high of $25.25. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 0.81. The company’s 50-day moving average price is $22.00 and its two-hundred day moving average price is $20.64. The stock has a market cap of $135.79 million, a price-to-earnings ratio of 10.93 and a beta of 0.47.

Institutional Investors Weigh In On Landmark Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Empowered Funds LLC increased its position in shares of Landmark Bancorp by 5.2% during the third quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock valued at $275,000 after buying an additional 670 shares during the period. Sanctuary Advisors LLC purchased a new position in Landmark Bancorp in the second quarter worth $338,000. Finally, De Lisle Partners LLP increased its position in shares of Landmark Bancorp by 78.1% during the 3rd quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock valued at $1,369,000 after purchasing an additional 29,637 shares during the last quarter. Institutional investors own 25.66% of the company’s stock.

Landmark Bancorp Company Profile

(Get Free Report)

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.