Landmark Bancorp (NASDAQ:LARK) Earns Hold Rating from Analysts at StockNews.com

Investment analysts at StockNews.com began coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research note issued on Friday. The firm set a “hold” rating on the financial services provider’s stock.

Landmark Bancorp Trading Up 6.2 %

NASDAQ LARK opened at $24.49 on Friday. The firm has a market capitalization of $141.55 million, a PE ratio of 11.38 and a beta of 0.46. The stock’s 50 day moving average is $23.57 and its 200 day moving average is $21.35. 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.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. De Lisle Partners LLP grew its holdings in Landmark Bancorp by 78.1% in the third quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock worth $1,369,000 after purchasing an additional 29,637 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of Landmark Bancorp in the second quarter worth $338,000. Empowered Funds LLC increased its stake in Landmark Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock valued at $275,000 after purchasing an additional 670 shares in the last quarter. Finally, CGN Advisors LLC lifted its position in Landmark Bancorp by 5.0% in the 4th quarter. CGN Advisors LLC now owns 11,045 shares of the financial services provider’s stock valued at $265,000 after acquiring an additional 526 shares in the last quarter. 25.66% of the stock is currently owned by institutional investors.

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.