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

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

Landmark Bancorp Trading Down 0.0 %

Shares of Landmark Bancorp stock opened at $20.55 on Friday. Landmark Bancorp has a 1-year low of $15.70 and a 1-year high of $21.78. The company’s fifty day simple moving average is $20.20 and its 200-day simple moving average is $19.60. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.80 and a quick ratio of 0.80. The stock has a market capitalization of $112.49 million, a PE ratio of 9.69 and a beta of 0.44.

Landmark Bancorp (NASDAQ:LARK) last released its earnings results on Monday, August 5th. The financial services provider reported $0.55 earnings per share for the quarter. The company had revenue of $14.69 million for the quarter. Landmark Bancorp had a return on equity of 9.20% and a net margin of 13.59%.

Institutional Trading of Landmark Bancorp

A number of hedge funds and other institutional investors have recently modified their holdings of the company. CGN Advisors LLC bought a new position in shares of Landmark Bancorp in the second quarter worth about $202,000. Empowered Funds LLC raised its stake in Landmark Bancorp by 7.8% during the 1st quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock valued at $232,000 after purchasing an additional 875 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in Landmark Bancorp in the 2nd quarter worth approximately $338,000. 25.66% of the stock is owned by hedge funds and other 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.