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

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

Landmark Bancorp Price Performance

Shares of LARK opened at $20.55 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.80 and a current ratio of 0.80. The firm’s 50-day simple moving average is $20.20 and its two-hundred day simple moving average is $19.60. Landmark Bancorp has a fifty-two week low of $15.70 and a fifty-two week high of $21.78. The stock has a market cap of $112.49 million, a PE ratio of 9.69 and a beta of 0.44.

Landmark Bancorp (NASDAQ:LARK) last released its earnings results on Monday, August 5th. The financial services provider reported $0.55 EPS for the quarter. The firm had revenue of $14.69 million for the quarter. Landmark Bancorp had a return on equity of 9.20% and a net margin of 13.59%.

Institutional Trading of Landmark Bancorp

A number of institutional investors and hedge funds have recently modified their holdings of LARK. Empowered Funds LLC boosted 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 buying an additional 875 shares during the last quarter. CGN Advisors LLC bought a new position in Landmark Bancorp during the 2nd quarter valued at about $202,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Landmark Bancorp during the 2nd quarter valued at about $338,000. 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.