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

Landmark Bancorp (NASDAQ:LARK) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Friday.

Landmark Bancorp Trading Up 0.9%

NASDAQ:LARK opened at $24.99 on Friday. Landmark Bancorp has a 12 month low of $18.11 and a 12 month high of $31.04. The firm has a market capitalization of $144.44 million, a PE ratio of 9.65 and a beta of 0.25. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.82 and a quick ratio of 0.81. The business’s 50-day moving average is $28.40 and its two-hundred day moving average is $26.16.

Landmark Bancorp (NASDAQ:LARK) last announced its earnings results on Wednesday, April 30th. The financial services provider reported $0.81 earnings per share (EPS) for the quarter. Landmark Bancorp had a return on equity of 11.52% and a net margin of 16.37%. The business had revenue of $16.48 million for the quarter.

Insider Transactions at Landmark Bancorp

In other news, Director Michael E. Scheopner sold 41,058 shares of Landmark Bancorp stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $30.01, for a total transaction of $1,232,150.58. Following the sale, the director now directly owns 80,316 shares of the company’s stock, valued at approximately $2,410,283.16. The trade was a 33.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last ninety days, insiders have sold 44,058 shares of company stock valued at $1,321,347. 12.80% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Landmark Bancorp

A number of hedge funds have recently bought and sold shares of the company. Empowered Funds LLC grew its stake in Landmark Bancorp by 2.6% in the first quarter. Empowered Funds LLC now owns 14,933 shares of the financial services provider’s stock worth $407,000 after purchasing an additional 377 shares in the last quarter. Private Advisor Group LLC grew its stake in Landmark Bancorp by 3.4% in the first quarter. Private Advisor Group LLC now owns 14,449 shares of the financial services provider’s stock worth $394,000 after purchasing an additional 480 shares in the last quarter. OneDigital Investment Advisors LLC grew its stake in Landmark Bancorp by 5.0% in the fourth quarter. OneDigital Investment Advisors LLC now owns 14,053 shares of the financial services provider’s stock worth $337,000 after purchasing an additional 671 shares in the last quarter. RBF Capital LLC grew its stake in Landmark Bancorp by 4.5% in the fourth quarter. RBF Capital LLC now owns 23,892 shares of the financial services provider’s stock worth $574,000 after purchasing an additional 1,021 shares in the last quarter. Finally, First Manhattan CO. LLC. grew its stake in Landmark Bancorp by 5.0% in the fourth quarter. First Manhattan CO. LLC. now owns 21,618 shares of the financial services provider’s stock worth $519,000 after purchasing an additional 1,029 shares in the last quarter. 25.66% of the stock is currently owned by institutional investors and hedge funds.

Landmark Bancorp Company Profile

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.