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

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

Landmark Bancorp Price Performance

Shares of LARK opened at $27.30 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81. The firm has a market cap of $157.68 million, a price-to-earnings ratio of 12.05 and a beta of 0.43. Landmark Bancorp has a 52 week low of $17.05 and a 52 week high of $28.55. The stock has a 50 day moving average of $24.45 and a 200-day moving average of $22.88.

Landmark Bancorp (NASDAQ:LARK) last released its quarterly earnings data on Tuesday, February 4th. The financial services provider reported $0.71 EPS for the quarter. Landmark Bancorp had a net margin of 14.51% and a return on equity of 10.51%.

Insider Activity

In related news, Director Patrick L. Alexander sold 20,000 shares of Landmark Bancorp stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $24.53, for a total value of $490,600.00. Following the sale, the director now directly owns 80,285 shares in the company, valued at $1,969,391.05. This trade represents a 19.94 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Michael E. Scheopner sold 3,097 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $25.31, for a total transaction of $78,385.07. Following the transaction, the director now directly owns 131,269 shares of the company’s stock, valued at $3,322,418.39. The trade was a 2.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 17.20% of the company’s stock.

Institutional Investors Weigh In On Landmark Bancorp

Several large investors have recently made changes to their positions in the company. CGN Advisors LLC grew its holdings 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 worth $265,000 after buying an additional 526 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Landmark Bancorp by 5.2% in the third quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock worth $275,000 after purchasing an additional 670 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of Landmark Bancorp by 5.0% during the fourth quarter. Private Advisor Group LLC now owns 13,969 shares of the financial services provider’s stock valued at $335,000 after purchasing an additional 660 shares during the period. OneDigital Investment Advisors LLC increased its holdings in shares of Landmark Bancorp by 5.0% during the fourth quarter. OneDigital Investment Advisors LLC now owns 14,053 shares of the financial services provider’s stock valued at $337,000 after purchasing an additional 671 shares during the period. Finally, Fourthstone LLC bought a new stake in shares of Landmark Bancorp during the fourth quarter valued at about $466,000. Institutional investors and hedge funds own 25.66% of the company’s stock.

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.