Landmark Bancorp (NASDAQ:LARK) Earns Buy Rating from Analysts at StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of Landmark Bancorp (NASDAQ:LARK – Get Rating) in a research note issued to investors on Sunday. The brokerage set a “buy” rating on the financial services provider’s stock.

Landmark Bancorp Stock Performance

Shares of NASDAQ LARK opened at $21.95 on Friday. The company’s fifty day moving average price is $20.81 and its 200 day moving average price is $21.75. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.70 and a current ratio of 0.70. Landmark Bancorp has a 1 year low of $19.15 and a 1 year high of $25.90. The company has a market capitalization of $114.52 million, a PE ratio of 11.38 and a beta of 0.31.

Landmark Bancorp (NASDAQ:LARK – Get Rating) last announced its earnings results on Tuesday, May 2nd. The financial services provider reported $0.64 earnings per share for the quarter. Landmark Bancorp had a return on equity of 10.97% and a net margin of 16.17%. The business had revenue of $14.44 million during the quarter.

Institutional Trading of Landmark Bancorp

Several institutional investors and hedge funds have recently bought and sold shares of LARK. Vanguard Group Inc. grew its position in shares of Landmark Bancorp by 1.5% during the first quarter. Vanguard Group Inc. now owns 135,627 shares of the financial services provider’s stock worth $3,571,000 after buying an additional 2,019 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in Landmark Bancorp by 19.6% in the first quarter. The Manufacturers Life Insurance Company now owns 216,907 shares of the financial services provider’s stock valued at $5,711,000 after buying an additional 35,622 shares in the last quarter. UBS Group AG increased its holdings in shares of Landmark Bancorp by 17.1% in the 2nd quarter. UBS Group AG now owns 4,444 shares of the financial services provider’s stock valued at $112,000 after acquiring an additional 648 shares during the last quarter. Align Wealth Management LLC acquired a new stake in shares of Landmark Bancorp during the 4th quarter worth about $95,000. Finally, Koshinski Asset Management Inc. increased its stake in Landmark Bancorp by 5.0% in the fourth quarter. Koshinski Asset Management Inc. now owns 33,091 shares of the financial services provider’s stock valued at $749,000 after purchasing an additional 1,572 shares during the last quarter. 18.02% of the stock is currently owned by hedge funds and other institutional investors.

About Landmark Bancorp

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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, including automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.

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