Landmark Bancorp (NASDAQ:LARK) Coverage Initiated at StockNews.com

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

Landmark Bancorp Stock Down 0.9 %

Landmark Bancorp stock opened at $22.79 on Friday. The company has a market capitalization of $125.35 million, a PE ratio of 10.08 and a beta of 0.43. The firm’s fifty day moving average is $20.80 and its 200 day moving average is $20.08. 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 has a 12-month low of $17.90 and a 12-month high of $23.20.

Institutional Trading of Landmark Bancorp

Institutional investors have recently made changes to their positions in the company. CGN Advisors LLC bought a new position in Landmark Bancorp during the second quarter valued at about $202,000. Sanctuary Advisors LLC purchased a new stake in shares of Landmark Bancorp in the second quarter worth about $338,000. Empowered Funds LLC lifted its holdings in shares of Landmark Bancorp by 5.2% in the third quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock worth $275,000 after buying an additional 670 shares in the last quarter. Finally, De Lisle Partners LLP increased its position in shares of Landmark Bancorp by 78.1% in the third 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 last quarter. Institutional investors 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.