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

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

Landmark Bancorp Stock Performance

Landmark Bancorp stock opened at $22.05 on Thursday. The firm’s 50 day simple moving average is $20.57 and its 200 day simple moving average is $19.92. The firm has a market capitalization of $121.28 million, a PE ratio of 9.76 and a beta of 0.43. Landmark Bancorp has a 1-year low of $17.64 and a 1-year high of $22.58. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.19.

Hedge Funds Weigh In On Landmark Bancorp

A number of institutional investors have recently made changes to their positions in LARK. Sanctuary Advisors LLC bought a new position in shares of Landmark Bancorp in the 2nd quarter worth $338,000. CGN Advisors LLC purchased a new stake in shares of Landmark Bancorp in the 2nd quarter valued at $202,000. Finally, Empowered Funds LLC boosted its stake in shares of Landmark Bancorp by 7.8% in 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 in the last quarter. 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.