Landmark Bancorp (NASDAQ:LARK) Earns Hold Rating from Analysts at StockNews.com

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

Landmark Bancorp Stock Performance

Landmark Bancorp stock opened at $23.00 on Thursday. The stock’s 50-day moving average is $23.36 and its 200-day moving average is $21.22. The company has a market cap of $132.85 million, a price-to-earnings ratio of 10.69 and a beta of 0.46. Landmark Bancorp has a 12 month low of $17.05 and a 12 month high of $25.25. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.80 and a quick ratio of 0.79.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Empowered Funds LLC lifted 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 last quarter. Sanctuary Advisors LLC acquired a new stake in Landmark Bancorp during the second quarter valued at approximately $338,000. Finally, De Lisle Partners LLP lifted its holdings 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 last quarter. 25.66% of the stock is 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.