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

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

Landmark Bancorp Stock Down 0.9 %

Shares of NASDAQ LARK opened at $27.30 on Friday. The stock has a 50-day moving average price of $24.45 and a two-hundred day moving average price of $22.86. Landmark Bancorp has a 12 month low of $17.05 and a 12 month high of $28.55. 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 company has a market cap of $157.68 million, a price-to-earnings ratio of 12.05 and a beta of 0.43.

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

Insider Activity at Landmark Bancorp

In related news, Director Patrick L. Alexander sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $24.53, for a total value of $490,600.00. Following 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Michael E. Scheopner sold 3,097 shares of the company’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 value of $78,385.07. Following the completion of the sale, the director now owns 131,269 shares in the company, valued at $3,322,418.39. The trade was a 2.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 17.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Landmark Bancorp

A number of large investors have recently modified their holdings of the company. CGN Advisors LLC lifted 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 worth $265,000 after purchasing an additional 526 shares in the last quarter. Private Advisor Group LLC lifted 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 worth $335,000 after purchasing an additional 660 shares in the last quarter. Empowered Funds LLC lifted 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 worth $275,000 after purchasing an additional 670 shares in the last quarter. OneDigital Investment Advisors LLC raised its position in 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 buying an additional 671 shares during the last quarter. Finally, RBF Capital LLC raised its position in Landmark Bancorp by 4.5% in the 4th quarter. RBF Capital LLC now owns 23,892 shares of the financial services provider’s stock valued at $574,000 after buying an additional 1,021 shares during the last quarter. 25.66% of the stock is currently owned by institutional investors.

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.