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

Equities researchers at StockNews.com assumed coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a report released on Saturday. The firm set a “hold” rating on the financial services provider’s stock.

Landmark Bancorp Trading Down 0.9 %

NASDAQ LARK opened at $27.30 on Friday. The stock has a market capitalization of $157.68 million, a price-to-earnings ratio of 12.05 and a beta of 0.43. Landmark Bancorp has a one year low of $17.05 and a one year high of $28.55. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.80 and a quick ratio of 0.79. The business’s fifty day moving average is $24.45 and its 200-day moving average is $22.86.

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

Insider Activity at Landmark Bancorp

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. CGN Advisors LLC boosted its stake in Landmark Bancorp by 5.0% in the fourth 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 boosted its stake 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 worth $275,000 after buying an additional 670 shares in the last quarter. Private Advisor Group LLC boosted its stake in Landmark Bancorp by 5.0% in the fourth quarter. Private Advisor Group LLC now owns 13,969 shares of the financial services provider’s stock worth $335,000 after buying an additional 660 shares in the last quarter. OneDigital Investment Advisors LLC boosted its stake in Landmark Bancorp by 5.0% in the fourth quarter. OneDigital Investment Advisors LLC now owns 14,053 shares of the financial services provider’s stock worth $337,000 after buying an additional 671 shares in the last quarter. Finally, Fourthstone LLC purchased a new stake in Landmark Bancorp in the fourth quarter worth approximately $466,000. Hedge funds and other 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.