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

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

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

Landmark Bancorp Stock Performance

LARK stock opened at $19.00 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.68. Landmark Bancorp has a twelve month low of $15.70 and a twelve month high of $21.78. The business has a fifty day moving average of $19.51 and a 200-day moving average of $19.28. The company has a market cap of $103.91 million, a P/E ratio of 8.56 and a beta of 0.43.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. The Manufacturers Life Insurance Company boosted its position in shares of Landmark Bancorp by 5.0% during the fourth quarter. The Manufacturers Life Insurance Company now owns 250,961 shares of the financial services provider’s stock worth $5,679,000 after buying an additional 11,947 shares during the period. Dimensional Fund Advisors LP raised its holdings in Landmark Bancorp by 5.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 175,933 shares of the financial services provider’s stock worth $3,981,000 after acquiring an additional 9,070 shares in the last quarter. Vanguard Group Inc. raised its holdings in Landmark Bancorp by 12.9% during the third quarter. Vanguard Group Inc. now owns 157,442 shares of the financial services provider’s stock worth $4,025,000 after acquiring an additional 18,000 shares in the last quarter. Kornitzer Capital Management Inc. KS raised its holdings in Landmark Bancorp by 5.1% during the fourth quarter. Kornitzer Capital Management Inc. KS now owns 120,748 shares of the financial services provider’s stock worth $2,390,000 after acquiring an additional 5,871 shares in the last quarter. Finally, Bridgeway Capital Management LLC raised its holdings in Landmark Bancorp by 7.7% during the fourth quarter. Bridgeway Capital Management LLC now owns 38,659 shares of the financial services provider’s stock worth $749,000 after acquiring an additional 2,778 shares in the last quarter. 25.66% of the stock is owned by institutional investors and hedge funds.

About Landmark Bancorp

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.