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

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

Landmark Bancorp Trading Down 0.4 %

Shares of LARK stock opened at $24.13 on Monday. The firm has a market cap of $139.37 million, a P/E ratio of 11.22 and a beta of 0.47. The business has a 50-day moving average price of $22.16 and a two-hundred day moving average price of $20.71. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 0.81. Landmark Bancorp has a 12-month low of $17.05 and a 12-month high of $25.25.

Institutional Trading of Landmark Bancorp

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LARK. De Lisle Partners LLP increased its stake in shares of Landmark Bancorp by 78.1% in the 3rd quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock worth $1,369,000 after acquiring an additional 29,637 shares in the last quarter. Empowered Funds LLC boosted its holdings in Landmark Bancorp by 5.2% in the third quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock worth $275,000 after purchasing an additional 670 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new position in Landmark Bancorp in the second quarter valued at about $338,000. 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.