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

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

Landmark Bancorp Trading Up 0.9 %

NASDAQ:LARK opened at $25.74 on Tuesday. The stock has a fifty day simple moving average of $24.19 and a 200 day simple moving average of $22.13. The firm has a market capitalization of $148.78 million, a price-to-earnings ratio of 11.36 and a beta of 0.46. Landmark Bancorp has a 1-year low of $17.05 and a 1-year high of $26.75. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 0.81.

Landmark Bancorp (NASDAQ:LARK) last issued its quarterly earnings results on Tuesday, February 4th. The financial services provider reported $0.71 EPS for the quarter. Landmark Bancorp had a net margin of 14.51% and a return on equity of 10.51%.

Insider Transactions at Landmark Bancorp

In related news, Director Michael E. Scheopner sold 3,097 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $25.31, for a total transaction of $78,385.07. Following the transaction, the director now owns 131,269 shares of the company’s stock, valued at approximately $3,322,418.39. This trade represents a 2.30 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Patrick L. Alexander sold 20,000 shares of the firm’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $24.53, for a total transaction of $490,600.00. Following the transaction, the director now owns 80,285 shares in the company, valued at $1,969,391.05. This represents a 19.94 % decrease in their position. The disclosure for this sale can be found here. 17.20% of the stock is owned by insiders.

Hedge Funds Weigh In On Landmark Bancorp

Several institutional investors have recently bought and sold shares of LARK. CGN Advisors LLC boosted its stake in shares of Landmark Bancorp by 5.0% during the 4th quarter. CGN Advisors LLC now owns 11,045 shares of the financial services provider’s stock worth $265,000 after acquiring an additional 526 shares in the last quarter. Empowered Funds LLC lifted its holdings in Landmark Bancorp by 5.2% in the 3rd 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. Private Advisor Group LLC boosted its position in Landmark Bancorp by 5.0% during the fourth quarter. Private Advisor Group LLC now owns 13,969 shares of the financial services provider’s stock worth $335,000 after purchasing an additional 660 shares during the period. OneDigital Investment Advisors LLC grew its holdings in Landmark Bancorp by 5.0% during the fourth quarter. OneDigital Investment Advisors LLC now owns 14,053 shares of the financial services provider’s stock valued at $337,000 after purchasing an additional 671 shares during the last quarter. Finally, Fourthstone LLC bought a new position in shares of Landmark Bancorp in the fourth quarter valued at approximately $466,000. 25.66% of the stock is currently owned by 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.