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

Analysts at StockNews.com began coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research report issued to clients and investors on Sunday. The brokerage set a “hold” rating on the financial services provider’s stock.

Landmark Bancorp Stock Down 0.2 %

LARK stock opened at $24.00 on Friday. The firm has a 50-day moving average price of $21.70 and a 200-day moving average price of $20.51. Landmark Bancorp has a 12 month low of $17.05 and a 12 month high of $25.25. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $138.72 million, a P/E ratio of 11.15 and a beta of 0.47.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of LARK. Empowered Funds LLC boosted its holdings in shares of Landmark Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock valued at $275,000 after acquiring an additional 670 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in Landmark Bancorp in the 2nd quarter worth about $338,000. Finally, De Lisle Partners LLP raised its position in Landmark Bancorp by 78.1% in the third quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock valued at $1,369,000 after purchasing an additional 29,637 shares during the last quarter. 25.66% of the stock is currently owned by institutional investors and hedge funds.

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.