Equities researchers at StockNews.com began coverage on shares of Landmark Bancorp (NASDAQ:LARK – Get Free Report) in a note issued to investors on Tuesday. The firm set a “hold” rating on the financial services provider’s stock.
Landmark Bancorp Stock Up 1.3 %
LARK stock opened at $24.60 on Tuesday. Landmark Bancorp has a 12 month low of $17.05 and a 12 month high of $25.25. The company has a market cap of $142.19 million, a price-to-earnings ratio of 11.43 and a beta of 0.47. 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 firm has a 50-day moving average of $22.65 and a two-hundred day moving average of $20.90.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Empowered Funds LLC boosted its position in shares of Landmark Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock worth $275,000 after acquiring an additional 670 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Landmark Bancorp in the 2nd quarter valued at $338,000. Finally, De Lisle Partners LLP raised its holdings 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 valued at $1,369,000 after buying an additional 29,637 shares during the last quarter. 25.66% of the stock is currently owned by hedge funds and other 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.
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