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

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

Landmark Bancorp Stock Performance

Shares of Landmark Bancorp stock opened at $24.37 on Friday. The company has a market capitalization of $140.76 million, a PE ratio of 10.76 and a beta of 0.43. Landmark Bancorp has a 12 month low of $17.05 and a 12 month high of $26.75. 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’s fifty day simple moving average is $24.14 and its 200 day simple moving average is $22.60.

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

Insider Buying and Selling at Landmark Bancorp

In other Landmark Bancorp news, Director Michael E. Scheopner sold 3,097 shares of Landmark Bancorp stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $25.31, for a total value of $78,385.07. Following the sale, the director now owns 131,269 shares of the company’s stock, valued at $3,322,418.39. This trade represents a 2.30 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Patrick L. Alexander sold 20,000 shares of Landmark Bancorp stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $24.53, for a total value of $490,600.00. Following the completion of the sale, the director now directly 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. Company insiders own 17.20% of the company’s stock.

Hedge Funds Weigh In On Landmark Bancorp

Several hedge funds have recently modified their holdings of LARK. CGN Advisors LLC grew its holdings in shares of Landmark Bancorp by 5.0% in the 4th quarter. CGN Advisors LLC now owns 11,045 shares of the financial services provider’s stock valued at $265,000 after acquiring an additional 526 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Landmark Bancorp by 5.2% in 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. Private Advisor Group LLC grew its holdings in shares of Landmark Bancorp by 5.0% in the 4th quarter. Private Advisor Group LLC now owns 13,969 shares of the financial services provider’s stock valued at $335,000 after acquiring an additional 660 shares in the last quarter. OneDigital Investment Advisors LLC grew its holdings in shares of Landmark Bancorp by 5.0% in the 4th quarter. OneDigital Investment Advisors LLC now owns 14,053 shares of the financial services provider’s stock valued at $337,000 after acquiring an additional 671 shares in the last quarter. Finally, Fourthstone LLC bought a new position in shares of Landmark Bancorp in the 4th quarter valued at about $466,000. 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.