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

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

Landmark Bancorp Stock Up 0.6 %

Shares of LARK opened at $20.37 on Tuesday. The firm has a market cap of $111.51 million, a PE ratio of 9.61 and a beta of 0.44. The company’s fifty day moving average is $20.31 and its two-hundred day moving average is $19.75. Landmark Bancorp has a fifty-two week low of $15.71 and a fifty-two week high of $21.78. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.19.

Landmark Bancorp (NASDAQ:LARK) last announced its quarterly earnings results on Monday, August 5th. The financial services provider reported $0.55 earnings per share for the quarter. The company had revenue of $14.69 million for the quarter. Landmark Bancorp had a net margin of 13.59% and a return on equity of 9.20%.

Hedge Funds Weigh In On Landmark Bancorp

A number of hedge funds have recently made changes to their positions in LARK. Empowered Funds LLC lifted its holdings in shares of Landmark Bancorp by 7.8% during the 1st quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock valued at $232,000 after acquiring an additional 875 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Landmark Bancorp during the 2nd quarter valued at $338,000. Finally, CGN Advisors LLC acquired a new position in shares of Landmark Bancorp during the 2nd quarter valued at $202,000. Institutional investors and hedge funds own 25.66% of the company’s stock.

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.