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

StockNews.com started coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research report report published on Friday. The brokerage issued a hold rating on the financial services provider’s stock.

Landmark Bancorp Trading Up 0.3 %

Shares of LARK stock opened at $20.00 on Friday. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.76 and a quick ratio of 0.75. The firm has a market cap of $109.48 million, a PE ratio of 9.43 and a beta of 0.44. The company has a 50-day moving average of $19.61 and a two-hundred day moving average of $19.59. Landmark Bancorp has a 1-year low of $15.70 and a 1-year high of $21.78.

Insider Transactions at Landmark Bancorp

In other Landmark Bancorp news, Director Angela S. Hurt bought 4,232 shares of the stock in a transaction dated Tuesday, May 21st. The shares were acquired at an average cost of $19.25 per share, for a total transaction of $81,466.00. Following the completion of the transaction, the director now owns 4,727 shares in the company, valued at approximately $90,994.75. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 17.20% of the company’s stock.

Hedge Funds Weigh In On Landmark Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the company. Empowered Funds LLC lifted its holdings in Landmark Bancorp by 7.8% in 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 period. Kornitzer Capital Management Inc. KS lifted its holdings in Landmark Bancorp by 5.1% in the fourth quarter. Kornitzer Capital Management Inc. KS now owns 120,748 shares of the financial services provider’s stock valued at $2,390,000 after acquiring an additional 5,871 shares during the period. CGN Advisors LLC acquired a new stake in Landmark Bancorp in the second quarter valued at $202,000. Finally, Private Advisor Group LLC acquired a new stake in Landmark Bancorp in the fourth quarter valued at $240,000. 25.66% of the stock is currently owned by hedge funds and other institutional investors.

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.