What’s in Landmark Bancorp, Inc. (LARK) After Forming Multiple Top?

June 14, 2018 - By Hazel Jackson

Landmark Bancorp, Inc. (NASDAQ:LARK) Logo

Investors sentiment decreased to 2 in Q1 2018. Its down 4.67, from 6.67 in 2017Q4. It is negative, as 0 investors sold Landmark Bancorp, Inc. shares while 5 reduced holdings. 3 funds opened positions while 7 raised stakes. 721,070 shares or 45.11% less from 1.31 million shares in 2017Q4 were reported.
Morgan Stanley reported 403 shares. Lsv Asset Management has invested 0% in Landmark Bancorp, Inc. (NASDAQ:LARK). Wells Fargo & Mn holds 1,965 shares. Kennedy Inc holds 78,449 shares. California Public Employees Retirement Sys invested in 10,082 shares. Naples Global Advisors Ltd Liability Co holds 24,965 shares. Bridgeway Capital Mngmt reported 18,456 shares stake. Kornitzer Ks holds 0.04% of its portfolio in Landmark Bancorp, Inc. (NASDAQ:LARK) for 74,442 shares. Koshinski Asset Mgmt Inc owns 58,933 shares for 0.53% of their portfolio. Acadian Asset Management Ltd Liability holds 1,213 shares. Bokf Na invested in 0.03% or 32,324 shares. First Manhattan reported 0% stake. Blackrock has 1,245 shares. Jbf Capital reported 0.05% in Landmark Bancorp, Inc. (NASDAQ:LARK). Deutsche Bancorporation Ag has invested 0% of its portfolio in Landmark Bancorp, Inc. (NASDAQ:LARK).

Since December 27, 2017, it had 1 insider buy, and 11 sales for $678,954 activity. Shares for $40,741 were sold by HERPICH MARK A on Thursday, March 29. 182 shares valued at $5,270 were bought by BALL RICHARD on Wednesday, March 7.

The stock of Landmark Bancorp, Inc. (LARK) shows a multiple tops pattern with $30.86 target or 9.00 % above today’s $28.31 share price. The 5 months chart pattern indicates low risk for the $117.43M company. It was reported on Jun, 14 by Finviz.com. If the $30.86 price target is reached, the company will be worth $10.57 million more.
Multiple tops are chart patterns with decent performance in a bull market. The failure rate is higher but the average decline is reasonable. Back-tests of such patterns show that the break even failure rate is 10%, the average rise: 19%, the throwback rate: 61% and the percentage of stocks meeting their price targets: 40%.

The stock increased 0.75% or $0.21 during the last trading session, reaching $28.31. About 202 shares traded. Landmark Bancorp, Inc. (NASDAQ:LARK) has declined 2.94% since June 14, 2017 and is downtrending. It has underperformed by 15.51% the S&P500.

Landmark Bancorp, Inc. operates as the bank holding firm for Landmark National Bank that provides various financial and banking services. The company has market cap of $117.43 million. The firm accepts various deposits comprising non-interest bearing demand deposits, money market and checking accounts, savings accounts, and certificates of deposit. It has a 26.71 P/E ratio. It also offers various loan products, such as one-to-four family residential real estate, construction and land, commercial real estate, commercial, municipal, and agriculture loans, as well as consumer and other loans, including automobile, boat, home improvement, and home equity loans.

Landmark Bancorp, Inc. (NASDAQ:LARK) Institutional Positions Chart

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