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

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

Landmark Bancorp Stock Performance

Shares of Landmark Bancorp stock opened at $20.25 on Monday. The firm has a market capitalization of $110.85 million, a P/E ratio of 9.55 and a beta of 0.44. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.19. The company has a 50 day moving average price of $20.26 and a 200 day moving average price of $19.70. Landmark Bancorp has a 52 week low of $15.70 and a 52 week high of $21.78.

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

Hedge Funds Weigh In On Landmark Bancorp

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Sanctuary Advisors LLC acquired a new position in Landmark Bancorp in the 2nd quarter worth approximately $338,000. CGN Advisors LLC acquired a new position in Landmark Bancorp in the 2nd quarter worth approximately $202,000. Finally, Empowered Funds LLC increased its holdings in Landmark Bancorp by 7.8% in the 1st quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock worth $232,000 after buying an additional 875 shares during the period. Institutional investors and hedge funds own 25.66% of the company’s stock.

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.