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

Analysts at StockNews.com assumed coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research report issued to clients and investors on Thursday. The firm set a “hold” rating on the financial services provider’s stock.

Landmark Bancorp Price Performance

Shares of Landmark Bancorp stock opened at $22.06 on Thursday. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.19. Landmark Bancorp has a 12 month low of $17.66 and a 12 month high of $22.58. The stock has a 50 day moving average of $20.62 and a 200 day moving average of $19.96. The firm has a market cap of $121.30 million, a PE ratio of 9.76 and a beta of 0.43.

Institutional Investors Weigh In On Landmark Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of the business. CGN Advisors LLC bought a new position in Landmark Bancorp during the 2nd quarter worth about $202,000. Empowered Funds LLC lifted its position in shares of Landmark Bancorp by 7.8% in 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 during the period. Sanctuary Advisors LLC bought a new position in shares of Landmark Bancorp during the second quarter valued at approximately $338,000. Finally, De Lisle Partners LLP boosted its stake in shares of Landmark Bancorp by 78.1% during 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 purchasing an additional 29,637 shares in 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.