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

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

Separately, TheStreet raised shares of Landmark Bancorp from a “c” rating to a “b” rating in a research report on Wednesday, January 31st.

Landmark Bancorp Stock Performance

Shares of Landmark Bancorp stock opened at $19.00 on Friday. Landmark Bancorp has a 52 week low of $15.70 and a 52 week high of $21.78. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $103.91 million, a P/E ratio of 8.56 and a beta of 0.43. The company has a 50 day moving average price of $19.51 and a 200 day moving average price of $19.28.

Landmark Bancorp (NASDAQ:LARK) last posted its quarterly earnings results on Wednesday, January 31st. The financial services provider reported $0.48 earnings per share (EPS) for the quarter. Landmark Bancorp had a net margin of 15.70% and a return on equity of 10.38%. The company had revenue of $13.14 million during the quarter.

Institutional Investors Weigh In On Landmark Bancorp

A number of hedge funds and other institutional investors have recently made changes to their positions in LARK. UBS Group AG grew its stake in shares of Landmark Bancorp by 20.0% during the 4th quarter. UBS Group AG now owns 4,557 shares of the financial services provider’s stock worth $103,000 after purchasing an additional 761 shares during the period. Bank of America Corp DE acquired a new stake in Landmark Bancorp in the 1st quarter valued at $156,000. Morgan Stanley grew its stake in Landmark Bancorp by 1,457.6% in the 4th quarter. Morgan Stanley now owns 7,601 shares of the financial services provider’s stock valued at $172,000 after acquiring an additional 7,113 shares during the period. Susquehanna International Group LLP acquired a new stake in Landmark Bancorp in the 4th quarter valued at $225,000. Finally, Private Advisor Group LLC acquired a new stake in Landmark Bancorp in the 4th quarter valued at $240,000. Institutional investors and hedge funds own 25.66% of the company’s stock.

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.