Landmark Bancorp (NASDAQ:LARK) Now Covered by StockNews.com

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

Landmark Bancorp Stock Performance

NASDAQ:LARK opened at $19.02 on Friday. The business has a 50 day moving average of $19.17 and a 200 day moving average of $19.59. The company has a market capitalization of $104.04 million, a price-to-earnings ratio of 8.96 and a beta of 0.44. Landmark Bancorp has a 1-year low of $15.70 and a 1-year high of $21.78. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.76 and a quick ratio of 0.75.

Landmark Bancorp (NASDAQ:LARK) last released its earnings results on Wednesday, May 1st. The financial services provider reported $0.51 earnings per share for the quarter. The company had revenue of $21.15 million during the quarter. Landmark Bancorp had a return on equity of 9.70% and a net margin of 14.39%.

Insider Activity

In other Landmark Bancorp news, Director Angela S. Hurt bought 4,232 shares of Landmark Bancorp stock in a transaction dated Tuesday, May 21st. The shares were purchased at an average cost of $19.25 per share, with a total value of $81,466.00. Following the completion of the purchase, the director now owns 4,727 shares of the company’s stock, valued at $90,994.75. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Over the last three months, insiders have acquired 4,882 shares of company stock valued at $93,804. Company insiders own 17.20% of the company’s stock.

Institutional Investors Weigh In On Landmark Bancorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LARK. Private Advisor Group LLC purchased a new stake in Landmark Bancorp in the fourth quarter worth $240,000. Kornitzer Capital Management Inc. KS boosted its holdings in Landmark Bancorp by 5.1% in the fourth quarter. Kornitzer Capital Management Inc. KS now owns 120,748 shares of the financial services provider’s stock worth $2,390,000 after acquiring an additional 5,871 shares in the last quarter. Finally, Empowered Funds LLC boosted its holdings in Landmark Bancorp by 7.8% in the first quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock worth $232,000 after acquiring an additional 875 shares in the last quarter. 25.66% of the stock is owned by hedge funds and other institutional investors.

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.