Equities researchers at StockNews.com initiated coverage on shares of Landmark Bancorp (NASDAQ:LARK - Get Free Report) in a research note issued to investors on Sunday. The firm set a "hold" rating on the financial services provider's stock.
Landmark Bancorp Stock Performance
LARK stock traded up $0.44 during mid-day trading on Friday, hitting $24.18. 3,883 shares of the company were exchanged, compared to its average volume of 4,269. Landmark Bancorp has a 1-year low of $17.05 and a 1-year high of $25.25. The business has a 50 day simple moving average of $24.05 and a 200-day simple moving average of $21.84. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $139.66 million, a PE ratio of 11.23 and a beta of 0.46.
Landmark Bancorp (NASDAQ:LARK - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The financial services provider reported $0.71 earnings per share (EPS) for the quarter. Landmark Bancorp had a return on equity of 9.48% and a net margin of 14.36%.
Hedge Funds Weigh In On Landmark Bancorp
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. CGN Advisors LLC increased its position 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 purchasing an additional 526 shares during the period. Empowered Funds LLC increased its holdings in Landmark Bancorp by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 13,613 shares of the financial services provider's stock valued at $275,000 after buying an additional 670 shares during the period. Private Advisor Group LLC increased its holdings in Landmark Bancorp by 5.0% in the 4th quarter. Private Advisor Group LLC now owns 13,969 shares of the financial services provider's stock valued at $335,000 after buying an additional 660 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of Landmark Bancorp in the 2nd quarter valued at approximately $338,000. Finally, De Lisle Partners LLP lifted its holdings in shares of Landmark Bancorp by 78.1% during the 3rd quarter. De Lisle Partners LLP now owns 67,595 shares of the financial services provider's stock worth $1,369,000 after acquiring an additional 29,637 shares during the period. 25.66% of the stock is owned by institutional investors and hedge funds.
Landmark Bancorp Company Profile
(
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.
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