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

StockNews.com assumed coverage on shares of Landmark Bancorp (NASDAQ:LARK – Get Free Report) in a research note issued on Tuesday. The firm set a “buy” rating on the financial services provider’s stock.

Landmark Bancorp Stock Performance

Shares of NASDAQ LARK opened at $21.63 on Tuesday. The company’s fifty day moving average price is $21.06 and its 200 day moving average price is $21.65. 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 $112.91 million, a PE ratio of 11.22 and a beta of 0.33. 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 (NASDAQ:LARK – Get Free Report) last posted its quarterly earnings data on Tuesday, May 2nd. The financial services provider reported $0.64 earnings per share (EPS) for the quarter. The business had revenue of $14.44 million for the quarter. Landmark Bancorp had a net margin of 16.17% and a return on equity of 10.97%.

Hedge Funds Weigh In On Landmark Bancorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LARK. Align Wealth Management LLC purchased a new position in Landmark Bancorp during the fourth quarter valued at $95,000. UBS Group AG raised its position in shares of Landmark Bancorp by 20.0% in the fourth quarter. UBS Group AG now owns 4,557 shares of the financial services provider’s stock valued at $103,000 after buying an additional 761 shares during the last quarter. Bank of America Corp DE acquired a new stake in shares of Landmark Bancorp in the first quarter valued at about $156,000. Morgan Stanley raised its position in shares of Landmark Bancorp by 1,457.6% in the fourth quarter. Morgan Stanley now owns 7,601 shares of the financial services provider’s stock valued at $172,000 after buying an additional 7,113 shares during the last quarter. Finally, Susquehanna International Group LLP acquired a new stake in shares of Landmark Bancorp in the fourth quarter valued at about $225,000. 18.02% of the stock is owned by hedge funds and other institutional investors.

About Landmark Bancorp

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

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