Landmark Bancorp (NASDAQ:LARK) Stock Rating Upgraded by Wall Street Zen

Landmark Bancorp (NASDAQ:LARK) was upgraded by stock analysts at Wall Street Zen to a “hold” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Landmark Bancorp in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Landmark Bancorp Price Performance

LARK opened at $31.14 on Friday. The stock has a fifty day simple moving average of $28.65 and a two-hundred day simple moving average of $27.37. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.55. The company has a market cap of $189.89 million, a price-to-earnings ratio of 9.97 and a beta of 0.39. Landmark Bancorp has a 12-month low of $22.56 and a 12-month high of $32.39.

Landmark Bancorp (NASDAQ:LARK) last announced its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $0.83 EPS for the quarter. Landmark Bancorp had a return on equity of 12.22% and a net margin of 19.67%.The business had revenue of $18.79 million during the quarter.

Insider Activity at Landmark Bancorp

In related news, Director Patrick L. Alexander sold 3,300 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $28.51, for a total transaction of $94,083.00. Following the completion of the transaction, the director owned 700 shares of the company’s stock, valued at $19,957. This trade represents a 82.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jim Lewis sold 900 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $29.48, for a total value of $26,532.00. Following the transaction, the director directly owned 153,196 shares of the company’s stock, valued at approximately $4,516,218.08. This trade represents a 0.58% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 7,672 shares of company stock worth $219,563 in the last 90 days. 12.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Landmark Bancorp

Several institutional investors and hedge funds have recently modified their holdings of the stock. BNP Paribas Financial Markets lifted its stake in shares of Landmark Bancorp by 55.1% in the third quarter. BNP Paribas Financial Markets now owns 1,103 shares of the financial services provider’s stock worth $29,000 after buying an additional 392 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Landmark Bancorp by 72.8% during the third quarter. JPMorgan Chase & Co. now owns 3,764 shares of the financial services provider’s stock valued at $100,000 after buying an additional 1,586 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Landmark Bancorp during the second quarter valued at approximately $66,000. New York State Common Retirement Fund bought a new stake in shares of Landmark Bancorp during the second quarter valued at approximately $108,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in Landmark Bancorp in the 2nd quarter worth approximately $120,000. 25.66% of the stock is currently owned by institutional investors.

Landmark Bancorp Company Profile

Landmark Bancorp, Inc is the bank holding company for Landmark Community Bank, a community‐focused financial institution. The company provides a full range of deposit and lending products through its subsidiary, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lines of credit and small business loans. Landmark Bancorp emphasizes personalized service, leveraging local decision-making to meet the unique needs of individuals and local enterprises.

In addition to traditional deposit and lending services, Landmark Bancorp offers comprehensive cash-management and treasury solutions for commercial clients.