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

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

Landmark Bancorp Stock Up 0.6 %

Shares of NASDAQ:LARK opened at $20.63 on Thursday. The company has a quick ratio of 0.75, a current ratio of 0.76 and a debt-to-equity ratio of 0.76. The business has a fifty day moving average of $19.52 and a two-hundred day moving average of $19.60. The stock has a market cap of $112.82 million, a P/E ratio of 9.71 and a beta of 0.44. Landmark Bancorp has a 52-week low of $15.70 and a 52-week high of $21.78.

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

Insider Buying and Selling

In related news, Director Angela S. Hurt purchased 4,232 shares of the business’s stock in a transaction on Tuesday, May 21st. The shares were bought at an average price of $19.25 per share, for a total transaction of $81,466.00. Following the acquisition, the director now directly owns 4,727 shares in the company, valued at $90,994.75. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last 90 days, insiders have bought 4,882 shares of company stock valued at $93,804. Corporate insiders own 17.20% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Empowered Funds LLC grew its stake in Landmark Bancorp by 7.8% during the 1st quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock worth $232,000 after buying an additional 875 shares during the last quarter. Kornitzer Capital Management Inc. KS lifted its position in Landmark Bancorp by 5.1% during the 4th 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 during the period. CGN Advisors LLC acquired a new stake in Landmark Bancorp during the 2nd quarter worth approximately $202,000. Finally, Private Advisor Group LLC acquired a new stake in shares of Landmark Bancorp in the 4th quarter valued at approximately $240,000. 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.