Landmark Bancorp (NASDAQ:LARK) Upgraded to "Buy" at Wall Street Zen

Landmark Bancorp (NASDAQ:LARK - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report issued on Friday.

Landmark Bancorp Stock Performance

Shares of LARK stock traded down $0.33 during trading on Friday, hitting $26.25. The company's stock had a trading volume of 9,395 shares, compared to its average volume of 14,065. The business has a fifty day moving average of $27.68 and a 200-day moving average of $26.49. Landmark Bancorp has a 52 week low of $18.34 and a 52 week high of $31.04. The company has a market cap of $151.73 million, a PE ratio of 10.14 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.

Landmark Bancorp (NASDAQ:LARK - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $16.48 million for the quarter.

Insider Activity at Landmark Bancorp

In related news, Director Michael E. Scheopner sold 916 shares of the business's stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $29.80, for a total value of $27,296.80. Following the completion of the transaction, the director directly owned 90,308 shares in the company, valued at $2,691,178.40. The trade was a 1.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last quarter, insiders sold 44,058 shares of company stock valued at $1,321,347. Insiders own 12.80% of the company's stock.

Institutional Investors Weigh In On Landmark Bancorp

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