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

Equities researchers at StockNews.com started coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research note issued to investors on Monday. The firm set a “hold” rating on the financial services provider’s stock.

Landmark Bancorp Trading Down 0.4 %

Shares of LARK stock opened at $24.13 on Monday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.79 and a current ratio of 0.80. The company has a market cap of $139.37 million, a PE ratio of 11.22 and a beta of 0.47. Landmark Bancorp has a fifty-two week low of $17.05 and a fifty-two week high of $25.25. The stock’s fifty day moving average price is $22.16 and its two-hundred day moving average price is $20.71.

Institutional Investors Weigh In On Landmark Bancorp

Institutional investors and hedge funds have recently made changes to their positions in the stock. Empowered Funds LLC grew 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 buying an additional 670 shares during the period. Sanctuary Advisors LLC acquired a new stake in 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 3rd quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider’s stock worth $1,369,000 after acquiring an additional 29,637 shares during the last quarter. 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.