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

Analysts at StockNews.com began coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research note issued to investors on Saturday. The brokerage set a “hold” rating on the financial services provider’s stock.

Landmark Bancorp Stock Performance

Shares of NASDAQ:LARK opened at $24.94 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $137.17 million, a price-to-earnings ratio of 11.04 and a beta of 0.43. The firm has a 50 day moving average of $21.25 and a 200 day moving average of $20.30. Landmark Bancorp has a 52 week low of $17.90 and a 52 week high of $25.00.

Hedge Funds Weigh In On Landmark Bancorp

A number of large investors have recently added to or reduced their stakes in LARK. De Lisle Partners LLP boosted its holdings in shares of Landmark Bancorp by 78.1% in the 3rd 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 in the last quarter. Empowered Funds LLC lifted its position in Landmark Bancorp by 5.2% during the third quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock valued at $275,000 after acquiring an additional 670 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in Landmark Bancorp in the second quarter valued at approximately $338,000. Finally, CGN Advisors LLC acquired a new stake in Landmark Bancorp in the second quarter valued at approximately $202,000. 25.66% of the stock is currently owned by 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.