Landmark Bancorp (NASDAQ:LARK) Downgraded to "Hold" Rating by Wall Street Zen

Landmark Bancorp (NASDAQ:LARK - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued to investors on Saturday.

Landmark Bancorp Trading Up 0.3%

Shares of LARK opened at $26.19 on Friday. Landmark Bancorp has a twelve month low of $18.34 and a twelve month high of $31.04. The company has a market cap of $151.38 million, a P/E ratio of 9.30 and a beta of 0.22. The company has a current ratio of 0.82, a quick ratio of 0.81 and a debt-to-equity ratio of 0.49. The company's fifty day simple moving average is $27.44 and its 200-day simple moving average is $26.54.

Landmark Bancorp (NASDAQ:LARK - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The financial services provider reported $0.75 EPS for the quarter. The firm had revenue of $17.31 million for the quarter. Landmark Bancorp had a net margin of 17.55% and a return on equity of 12.28%.

Insider Activity at Landmark Bancorp

In other news, Director Michael E. Scheopner sold 41,058 shares of the company's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $30.01, for a total value of $1,232,150.58. Following the transaction, the director directly owned 80,316 shares in the company, valued at approximately $2,410,283.16. This represents a 33.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders have sold 44,058 shares of company stock valued at $1,321,347 in the last quarter. Corporate insiders own 12.80% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Northern Trust Corp grew its holdings in Landmark Bancorp by 35.0% during the 4th quarter. Northern Trust Corp now owns 21,017 shares of the financial services provider's stock worth $505,000 after acquiring an additional 5,447 shares in the last quarter. OneDigital Investment Advisors LLC grew its holdings in Landmark Bancorp by 71.7% during the 1st quarter. OneDigital Investment Advisors LLC now owns 24,128 shares of the financial services provider's stock worth $657,000 after acquiring an additional 10,075 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Landmark Bancorp by 4.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 180,280 shares of the financial services provider's stock worth $4,329,000 after acquiring an additional 8,490 shares in the last quarter. RBF Capital LLC grew its holdings in Landmark Bancorp by 4.5% during the 4th quarter. RBF Capital LLC now owns 23,892 shares of the financial services provider's stock worth $574,000 after acquiring an additional 1,021 shares in the last quarter. Finally, BOKF NA grew its holdings in Landmark Bancorp by 5.0% during the 4th quarter. BOKF NA now owns 22,441 shares of the financial services provider's stock worth $514,000 after acquiring an additional 1,068 shares in the last quarter. 25.66% of the stock is currently owned by institutional investors.

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.

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