Landmark Bancorp (NASDAQ:LARK) Earns Buy Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Landmark Bancorp (NASDAQ:LARK – Get Rating) in a report released on Tuesday. The brokerage set a “buy” rating on the financial services provider’s stock.

NASDAQ:LARK opened at $26.09 on Tuesday. The company has a fifty day moving average of $26.86. The firm has a market cap of $130.39 million, a price-to-earnings ratio of 7.25 and a beta of 0.42. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.75 and a quick ratio of 0.74. Landmark Bancorp has a 1-year low of $23.38 and a 1-year high of $31.50.

Landmark Bancorp (NASDAQ:LARK – Get Rating) last issued its quarterly earnings data on Tuesday, February 1st. The financial services provider reported $0.63 EPS for the quarter. The business had revenue of $13.73 million for the quarter. Landmark Bancorp had a return on equity of 13.55% and a net margin of 29.01%.

In related news, Director Patrick L. Alexander sold 2,500 shares of the company’s stock in a transaction dated Thursday, March 3rd. The stock was sold at an average price of $27.26, for a total transaction of $68,150.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 17.10% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently made changes to their positions in the company. State Street Corp raised its position in Landmark Bancorp by 5.0% during the 4th quarter. State Street Corp now owns 8,489 shares of the financial services provider’s stock worth $242,000 after purchasing an additional 403 shares during the last quarter. Millennium Management LLC lifted its position in shares of Landmark Bancorp by 4.1% during the 4th quarter. Millennium Management LLC now owns 12,417 shares of the financial services provider’s stock worth $354,000 after buying an additional 492 shares in the last quarter. Naples Global Advisors LLC lifted its position in shares of Landmark Bancorp by 4.9% during the 4th quarter. Naples Global Advisors LLC now owns 10,946 shares of the financial services provider’s stock worth $312,000 after buying an additional 516 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Landmark Bancorp by 4.9% in the 4th quarter. Geode Capital Management LLC now owns 12,422 shares of the financial services provider’s stock worth $354,000 after purchasing an additional 585 shares during the period. Finally, LSV Asset Management raised its holdings in shares of Landmark Bancorp by 5.0% in the 4th quarter. LSV Asset Management now owns 12,717 shares of the financial services provider’s stock worth $362,000 after purchasing an additional 603 shares during the period. Institutional investors own 24.57% of the company’s stock.

About Landmark Bancorp (Get Rating)

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 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, including automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.

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