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

Investment analysts at StockNews.com began coverage on shares of Landmark Bancorp (NASDAQ:LARK - Get Free Report) in a research report issued to clients and investors on Monday. The firm set a "hold" rating on the financial services provider's stock.

Landmark Bancorp Stock Performance

LARK traded up $0.37 on Monday, hitting $25.50. The company's stock had a trading volume of 21,579 shares, compared to its average volume of 6,517. The company's 50 day simple moving average is $24.12 and its 200-day simple moving average is $22.03. The firm has a market cap of $147.39 million, a P/E ratio of 11.26 and a beta of 0.46. Landmark Bancorp has a 12 month low of $17.05 and a 12 month high of $26.75. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 0.81.

Landmark Bancorp (NASDAQ:LARK - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The financial services provider reported $0.71 EPS for the quarter. Landmark Bancorp had a net margin of 14.51% and a return on equity of 10.51%.

Insider Activity

In related news, Director Patrick L. Alexander sold 20,000 shares of Landmark Bancorp stock in a transaction on Monday, February 10th. The shares were sold at an average price of $24.53, for a total value of $490,600.00. Following the transaction, the director now owns 80,285 shares in the company, valued at $1,969,391.05. This trade represents a 19.94 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael E. Scheopner sold 3,097 shares of the business's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $25.31, for a total transaction of $78,385.07. Following the completion of the transaction, the director now owns 131,269 shares in the company, valued at $3,322,418.39. The trade was a 2.30 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 17.20% of the company's stock.

Institutional Investors Weigh In On Landmark Bancorp

A number of large investors have recently modified their holdings of LARK. Sanctuary Advisors LLC bought a new stake in shares of Landmark Bancorp during the 2nd quarter valued at about $338,000. Empowered Funds LLC increased its holdings in shares of Landmark Bancorp by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider's stock worth $275,000 after purchasing an additional 670 shares in the last quarter. De Lisle Partners LLP increased 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 purchasing an additional 29,637 shares in the last quarter. CGN Advisors LLC grew its holdings in shares of Landmark Bancorp by 5.0% in the fourth quarter. CGN Advisors LLC now owns 11,045 shares of the financial services provider's stock worth $265,000 after acquiring an additional 526 shares during the period. Finally, Kornitzer Capital Management Inc. KS grew its holdings in shares of Landmark Bancorp by 4.4% in the fourth quarter. Kornitzer Capital Management Inc. KS now owns 127,957 shares of the financial services provider's stock worth $3,072,000 after acquiring an additional 5,353 shares during the period. Institutional investors 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.