Landmark Bancorp (NASDAQ:LARK) Receives New Coverage from Analysts at StockNews.com

Analysts at StockNews.com began coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research note issued to investors on Saturday. The firm set a “hold” rating on the financial services provider’s stock.

Landmark Bancorp Price Performance

LARK opened at $20.01 on Friday. The stock has a market capitalization of $109.53 million, a P/E ratio of 9.44 and a beta of 0.44. The stock has a 50-day moving average price of $20.21 and a 200-day moving average price of $19.63. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.19. Landmark Bancorp has a 12-month low of $15.70 and a 12-month high of $21.78.

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

Institutional Trading of Landmark Bancorp

A number of hedge funds have recently bought and sold shares of the company. CGN Advisors LLC purchased a new position in shares of Landmark Bancorp in the second quarter worth approximately $202,000. Empowered Funds LLC increased 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 worth $232,000 after purchasing an additional 875 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Landmark Bancorp in the second quarter worth $338,000. 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.