StockNews.com Begins Coverage on Landmark Bancorp (NASDAQ:LARK)

Equities researchers at StockNews.com assumed coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a report issued on Sunday. The firm set a “hold” rating on the financial services provider’s stock.

Landmark Bancorp Stock Performance

NASDAQ:LARK opened at $23.90 on Friday. The company has a market cap of $138.14 million, a P/E ratio of 11.10 and a beta of 0.46. 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 firm’s 50 day moving average is $24.06 and its two-hundred day moving average is $21.80. Landmark Bancorp has a fifty-two week low of $17.05 and a fifty-two week high of $25.25.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of LARK. Sanctuary Advisors LLC purchased a new position in Landmark Bancorp during the second quarter valued at approximately $338,000. Empowered Funds LLC increased its holdings in Landmark Bancorp by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider’s stock valued at $275,000 after buying an additional 670 shares during the period. De Lisle Partners LLP lifted its position in shares of Landmark Bancorp by 78.1% during the 3rd quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock worth $1,369,000 after buying an additional 29,637 shares during the period. CGN Advisors LLC raised its stake in shares of Landmark Bancorp by 5.0% in the fourth quarter. CGN Advisors LLC now owns 11,045 shares of the financial services provider’s stock valued at $265,000 after acquiring an additional 526 shares during the last quarter. Finally, Kornitzer Capital Management Inc. KS increased its position in Landmark Bancorp by 4.4% in the 4th quarter. Kornitzer Capital Management Inc. KS now owns 127,957 shares of the financial services provider’s stock valued at $3,072,000 after acquiring an additional 5,353 shares in the last quarter. 25.66% of the stock is owned by institutional investors and hedge funds.

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.