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

StockNews.com assumed coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research report released on Sunday morning. The brokerage issued a hold rating on the financial services provider’s stock.

Separately, TheStreet raised Landmark Bancorp from a c rating to a b rating in a report on Wednesday, January 31st.

Landmark Bancorp Stock Down 2.4 %

Shares of LARK stock opened at $18.00 on Friday. The stock’s 50-day simple moving average is $19.40 and its 200-day simple moving average is $19.34. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a market capitalization of $98.46 million, a PE ratio of 8.10 and a beta of 0.43. Landmark Bancorp has a fifty-two week low of $15.70 and a fifty-two week high of $21.78.

Landmark Bancorp (NASDAQ:LARK) last announced its quarterly earnings data on Wednesday, January 31st. The financial services provider reported $0.48 earnings per share for the quarter. The business had revenue of $13.14 million for the quarter. Landmark Bancorp had a return on equity of 10.38% and a net margin of 15.70%.

Institutional Trading of Landmark Bancorp

A hedge fund recently raised its stake in Landmark Bancorp stock. Kornitzer Capital Management Inc. KS raised its holdings in Landmark Bancorp, Inc. (NASDAQ:LARK) by 5.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 120,748 shares of the financial services provider’s stock after purchasing an additional 5,871 shares during the period. Kornitzer Capital Management Inc. KS owned about 2.20% of Landmark Bancorp worth $2,390,000 at the end of the most recent quarter. 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.