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

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

Landmark Bancorp Price Performance

Landmark Bancorp stock opened at $24.20 on Friday. The stock has a market capitalization of $139.88 million, a price-to-earnings ratio of 11.24 and a beta of 0.46. Landmark Bancorp has a 52-week low of $17.05 and a 52-week high of $25.25. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.79 and a current ratio of 0.80. The stock’s 50 day moving average price is $23.67 and its two-hundred day moving average price is $21.42.

Institutional Trading of Landmark Bancorp

Several large investors have recently made changes to their positions in the company. De Lisle Partners LLP raised its stake in Landmark Bancorp by 78.1% during the 3rd quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock worth $1,369,000 after buying an additional 29,637 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of Landmark Bancorp during the second quarter valued at approximately $338,000. Empowered Funds LLC raised its position in shares of Landmark Bancorp by 5.2% during 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 period. Finally, CGN Advisors LLC raised its position in shares of Landmark Bancorp by 5.0% during the fourth quarter. CGN Advisors LLC now owns 11,045 shares of the financial services provider’s stock worth $265,000 after purchasing an additional 526 shares during the period. 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.