StockNews.com Initiates Coverage on Landmark Bancorp (NASDAQ:LARK)

Equities research analysts at StockNews.com began coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research report issued on Tuesday. The firm set a “hold” rating on the financial services provider’s stock.

Landmark Bancorp Stock Performance

NASDAQ:LARK opened at $24.28 on Tuesday. The stock has a market cap of $140.24 million, a P/E ratio of 11.28 and a beta of 0.47. Landmark Bancorp has a 1-year low of $17.05 and a 1-year high of $25.25. 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 firm has a 50-day moving average of $22.39 and a two-hundred day moving average of $20.80.

Institutional Investors Weigh In On Landmark Bancorp

A number of institutional investors have recently modified their holdings of the stock. De Lisle Partners LLP grew its stake in Landmark Bancorp by 78.1% in the third quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock worth $1,369,000 after purchasing an additional 29,637 shares in the last quarter. Empowered Funds LLC boosted its position in Landmark Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock valued at $275,000 after purchasing an additional 670 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in Landmark Bancorp during the 2nd quarter worth $338,000. Institutional investors and hedge funds own 25.66% of the company’s stock.

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.