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

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

Landmark Bancorp Trading Down 1.2 %

NASDAQ LARK opened at $24.20 on Friday. The company has a market cap of $139.88 million, a price-to-earnings ratio of 11.24 and a beta of 0.46. 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 business’s fifty day moving average is $23.67 and its 200 day moving average is $21.42.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in LARK. Sanctuary Advisors LLC acquired a new position in Landmark Bancorp in the 2nd quarter valued at approximately $338,000. Empowered Funds LLC increased its holdings in Landmark Bancorp by 5.2% in the third 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 during the period. De Lisle Partners LLP raised its position in 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 worth $1,369,000 after purchasing an additional 29,637 shares during the last quarter. Finally, CGN Advisors LLC lifted its holdings in Landmark Bancorp by 5.0% during 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 during the period. Institutional investors 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.