StockNews.com Begins Coverage on Landmark Bancorp (NASDAQ:LARK)

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

Landmark Bancorp Stock Down 0.1 %

LARK stock opened at $24.97 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.80 and a quick ratio of 0.79. Landmark Bancorp has a 12 month low of $17.05 and a 12 month high of $25.25. The firm has a market capitalization of $144.33 million, a PE ratio of 11.60 and a beta of 0.46. The company’s 50 day simple moving average is $23.91 and its 200-day simple moving average is $21.62.

Landmark Bancorp (NASDAQ:LARK) last issued its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.72 earnings per share (EPS) for the quarter. The business had revenue of $23.28 million for the quarter. Landmark Bancorp had a return on equity of 9.48% and a net margin of 14.36%.

Institutional Investors Weigh In On Landmark Bancorp

Several hedge funds have recently made changes to their positions in the business. CGN Advisors LLC increased its stake in Landmark Bancorp by 5.0% in the fourth quarter. CGN Advisors LLC now owns 11,045 shares of the financial services provider’s stock valued at $265,000 after purchasing an additional 526 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Landmark Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock worth $275,000 after acquiring an additional 670 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Landmark Bancorp in the second quarter worth approximately $338,000. Finally, 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 valued at $1,369,000 after purchasing an additional 29,637 shares during the period. Institutional investors and hedge funds 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.