Landmark Bancorp (NASDAQ:LARK) Cut to “Hold (C+)” at Weiss Ratings

Weiss Ratings cut shares of Landmark Bancorp (NASDAQ:LARK) from a buy (b-) rating to a hold (c+) rating in a report issued on Saturday morning,Weiss Ratings reports.

Separately, Wall Street Zen lowered Landmark Bancorp from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Landmark Bancorp currently has a consensus rating of “Hold”.

Landmark Bancorp Stock Performance

Shares of Landmark Bancorp stock opened at $25.68 on Friday. Landmark Bancorp has a 52 week low of $19.09 and a 52 week high of $31.04. The business’s fifty day simple moving average is $26.51 and its 200-day simple moving average is $27.12. The firm has a market cap of $148.43 million, a PE ratio of 9.12 and a beta of 0.28. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 1.19.

Hedge Funds Weigh In On Landmark Bancorp

Several hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC lifted its stake in Landmark Bancorp by 121.8% during the 2nd quarter. Geode Capital Management LLC now owns 103,618 shares of the financial services provider’s stock worth $2,740,000 after acquiring an additional 56,899 shares in the last quarter. Bridgeway Capital Management LLC lifted its stake in Landmark Bancorp by 3.4% during the 2nd quarter. Bridgeway Capital Management LLC now owns 42,213 shares of the financial services provider’s stock worth $1,116,000 after acquiring an additional 1,370 shares in the last quarter. OneDigital Investment Advisors LLC lifted its stake in Landmark Bancorp by 71.7% during the 1st quarter. OneDigital Investment Advisors LLC now owns 24,128 shares of the financial services provider’s stock worth $657,000 after acquiring an additional 10,075 shares in the last quarter. Empowered Funds LLC lifted its stake in Landmark Bancorp by 2.6% during the 1st quarter. Empowered Funds LLC now owns 14,933 shares of the financial services provider’s stock worth $407,000 after acquiring an additional 377 shares in the last quarter. Finally, Private Advisor Group LLC lifted its stake in Landmark Bancorp by 3.4% during the 1st quarter. Private Advisor Group LLC now owns 14,449 shares of the financial services provider’s stock worth $394,000 after acquiring an additional 480 shares in the last quarter. 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.