Landmark Bancorp (NASDAQ:LARK) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Landmark Bancorp (NASDAQ:LARK) in a research report issued on Sunday. The brokerage 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 firm has a 50 day moving average of $19.43 and a two-hundred day moving average of $19.33. Landmark Bancorp has a 12 month low of $15.70 and a 12 month high of $21.78. The company has a market capitalization of $103.93 million, a price-to-earnings ratio of 8.55 and a beta of 0.43. 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 (NASDAQ:LARK) last issued its quarterly earnings data on Wednesday, January 31st. The financial services provider reported $0.48 earnings per share (EPS) for the quarter. Landmark Bancorp had a net margin of 15.70% and a return on equity of 10.38%. The firm had revenue of $13.14 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Landmark Bancorp stock. Kornitzer Capital Management Inc. KS lifted its holdings in shares of Landmark Bancorp, Inc. (NASDAQ:LARK) by 5.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 120,748 shares of the financial services provider’s stock after purchasing an additional 5,871 shares during the quarter. Kornitzer Capital Management Inc. KS owned 2.20% of Landmark Bancorp worth $2,390,000 at the end of the most recent quarter. 25.66% of the stock is currently 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.