Landmark Bancorp (NASDAQ:LARK) Now Covered by StockNews.com

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

Landmark Bancorp Stock Down 1.7 %

Shares of LARK opened at $23.90 on Friday. The company has a market capitalization of $138.14 million, a PE ratio of 11.10 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 current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81. The stock’s 50-day moving average price is $24.06 and its two-hundred day moving average price is $21.80.

Institutional Investors Weigh In On Landmark Bancorp

Institutional investors and hedge funds have recently made changes to their positions in the business. Private Advisor Group LLC grew its stake 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 buying an additional 660 shares during the period. Kornitzer Capital Management Inc. KS lifted its position in shares of Landmark Bancorp by 4.4% during the 4th quarter. Kornitzer Capital Management Inc. KS now owns 127,957 shares of the financial services provider’s stock worth $3,072,000 after buying an additional 5,353 shares in the last quarter. Empowered Funds LLC grew its stake in Landmark Bancorp by 6.9% in the 4th quarter. Empowered Funds LLC now owns 14,556 shares of the financial services provider’s stock valued at $349,000 after purchasing an additional 943 shares during the period. CGN Advisors LLC raised its position in Landmark Bancorp by 5.0% in the fourth 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 during the period. Finally, De Lisle Partners LLP raised its holdings in shares of Landmark Bancorp by 78.1% in the 3rd quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock worth $1,369,000 after purchasing an additional 29,637 shares during the period. 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.