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

Research analysts at StockNews.com initiated coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research report issued to clients and investors on Tuesday. The brokerage set a “hold” rating on the financial services provider’s stock.

Landmark Bancorp Stock Performance

NASDAQ:LARK opened at $21.09 on Tuesday. Landmark Bancorp has a twelve month low of $15.70 and a twelve month high of $21.78. The company has a market cap of $115.42 million, a P/E ratio of 9.95 and a beta of 0.44. The company’s 50-day moving average price is $19.92 and its 200-day moving average price is $19.52. 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 (NASDAQ:LARK) last released its quarterly earnings data on Monday, August 5th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter. Landmark Bancorp had a net margin of 13.59% and a return on equity of 9.20%. The firm had revenue of $14.69 million during the quarter.

Institutional Investors Weigh In On Landmark Bancorp

A number of institutional investors have recently made changes to their positions in LARK. CGN Advisors LLC acquired a new stake in shares of Landmark Bancorp during the second quarter valued at about $202,000. Empowered Funds LLC increased its position in shares of Landmark Bancorp by 7.8% during the first quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock valued at $232,000 after acquiring an additional 875 shares during the last quarter. Finally, Private Advisor Group LLC acquired a new position in shares of Landmark Bancorp in the fourth quarter valued at approximately $240,000. 25.66% of the stock is currently owned by institutional investors and hedge funds.

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.