Landmark Bancorp (NASDAQ:LARK) Receives New Coverage from Analysts at StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of Landmark Bancorp (NASDAQ:LARKGet Free Report) in a research report issued on Friday. The brokerage set a “hold” rating on the financial services provider’s stock.

Landmark Bancorp Stock Performance

LARK stock opened at $19.69 on Friday. Landmark Bancorp has a 1-year low of $15.70 and a 1-year high of $21.78. The company has a current ratio of 0.76, a quick ratio of 0.75 and a debt-to-equity ratio of 0.76. The firm has a market cap of $107.78 million, a PE ratio of 9.29 and a beta of 0.44. The business’s 50-day moving average price is $19.18 and its two-hundred day moving average price is $19.60.

Landmark Bancorp (NASDAQ:LARKGet Free Report) last released its quarterly earnings results on Wednesday, May 1st. The financial services provider reported $0.51 EPS for the quarter. Landmark Bancorp had a return on equity of 9.70% and a net margin of 14.39%. The company had revenue of $21.15 million for the quarter.

Insider Buying and Selling

In related news, Director Angela S. Hurt bought 4,232 shares of Landmark Bancorp stock in a transaction that occurred on Tuesday, May 21st. The stock was purchased at an average cost of $19.25 per share, with a total value of $81,466.00. Following the purchase, the director now owns 4,727 shares in the company, valued at $90,994.75. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have purchased a total of 4,882 shares of company stock worth $93,804 over the last ninety days. Company insiders own 17.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Kornitzer Capital Management Inc. KS boosted its stake in shares of Landmark Bancorp by 5.1% during the 4th quarter. Kornitzer Capital Management Inc. KS now owns 120,748 shares of the financial services provider’s stock worth $2,390,000 after buying an additional 5,871 shares during the last quarter. Private Advisor Group LLC bought a new stake in Landmark Bancorp during the fourth quarter worth about $240,000. Finally, Empowered Funds LLC raised its holdings in Landmark Bancorp by 7.8% during the first quarter. Empowered Funds LLC now owns 12,043 shares of the financial services provider’s stock worth $232,000 after acquiring an additional 875 shares in the last quarter. Institutional investors own 25.66% of the company’s stock.

About Landmark Bancorp

(Get Free Report)

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.

Further Reading

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