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

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

Landmark Bancorp Trading Up 1.4 %

LARK opened at $24.72 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 stock has a market capitalization of $142.78 million, a PE ratio of 10.91 and a beta of 0.43. Landmark Bancorp has a 1-year low of $17.05 and a 1-year high of $26.75. The firm has a 50-day moving average price of $24.16 and a two-hundred day moving average price of $22.67.

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

Insider Transactions at Landmark Bancorp

In other news, Director Michael E. Scheopner sold 3,097 shares of Landmark Bancorp stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $25.31, for a total transaction of $78,385.07. Following the completion of the sale, the director now owns 131,269 shares in the company, valued at $3,322,418.39. The trade was a 2.30 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Patrick L. Alexander sold 20,000 shares of Landmark Bancorp stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $24.53, for a total transaction of $490,600.00. Following the sale, the director now owns 80,285 shares of the company’s stock, valued at approximately $1,969,391.05. This represents a 19.94 % decrease in their position. The disclosure for this sale can be found here. 17.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Landmark Bancorp

Several institutional investors have recently modified their holdings of LARK. Empowered Funds LLC grew its position 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 buying an additional 670 shares during the period. De Lisle Partners LLP boosted its stake 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 acquiring an additional 29,637 shares during the last quarter. CGN Advisors LLC boosted its stake 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 acquiring an additional 526 shares during the last quarter. Kornitzer Capital Management Inc. KS boosted its stake in Landmark Bancorp by 4.4% during the 4th quarter. Kornitzer Capital Management Inc. KS now owns 127,957 shares of the financial services provider’s stock worth $3,072,000 after acquiring an additional 5,353 shares during the last quarter. Finally, Private Advisor Group LLC boosted its stake in Landmark Bancorp by 5.0% during the 4th quarter. Private Advisor Group LLC now owns 13,969 shares of the financial services provider’s stock worth $335,000 after acquiring an additional 660 shares during the last quarter. 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.