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

Equities researchers at StockNews.com initiated coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a report issued on Thursday. The firm set a “hold” rating on the financial services provider’s stock.

Landmark Bancorp Trading Up 1.7 %

NASDAQ:LARK opened at $20.78 on Thursday. Landmark Bancorp has a 1 year low of $15.70 and a 1 year high of $21.78. The stock has a market cap of $113.75 million, a price-to-earnings ratio of 9.80 and a beta of 0.44. The business has a fifty day moving average of $20.12 and a 200-day moving average of $19.58. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.80 and a current ratio of 0.80.

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of LARK. Private Advisor Group LLC bought a new position in Landmark Bancorp during the fourth quarter valued at about $240,000. Empowered Funds LLC lifted its holdings 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 purchasing an additional 875 shares during the last quarter. CGN Advisors LLC purchased a new stake in shares of Landmark Bancorp during the second quarter valued at $202,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Landmark Bancorp during the second quarter valued at $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.