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 released on Wednesday. The firm set a “hold” rating on the financial services provider’s stock.

Separately, TheStreet raised Landmark Bancorp from a “c” rating to a “b” rating in a report on Wednesday, January 31st.

Landmark Bancorp Stock Performance

LARK opened at $18.90 on Wednesday. The business’s 50 day moving average is $19.13 and its 200-day moving average is $19.52. The stock has a market cap of $103.38 million, a PE ratio of 8.90 and a beta of 0.44. The company has a current ratio of 0.76, a quick ratio of 0.75 and a debt-to-equity ratio of 0.76. Landmark Bancorp has a twelve month low of $15.70 and a twelve month high of $21.78.

Landmark Bancorp (NASDAQ:LARK) last released its quarterly earnings results on Wednesday, May 1st. The financial services provider reported $0.51 earnings per share for the quarter. The company had revenue of $21.15 million for the quarter. Landmark Bancorp had a return on equity of 9.70% and a net margin of 14.39%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in LARK. Empowered Funds LLC grew its position in Landmark Bancorp by 7.8% during the 1st quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock worth $232,000 after purchasing an additional 875 shares in the last quarter. Kornitzer Capital Management Inc. KS grew its position in Landmark Bancorp by 5.1% during the 4th quarter. Kornitzer Capital Management Inc. KS now owns 120,748 shares of the financial services provider’s stock worth $2,390,000 after purchasing an additional 5,871 shares in the last quarter. Finally, Private Advisor Group LLC purchased a new position in Landmark Bancorp during the 4th quarter worth approximately $240,000. 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.