Insider Buying: Landmark Infrastructure Partners LP (NASDAQ:LMRK) Insider Purchases 6,000 Shares of Stock

Landmark Infrastructure Partners LP (NASDAQ:LMRK) insider Arthur P. Brazy, Jr. bought 6,000 shares of the company’s stock in a transaction dated Wednesday, November 15th. The shares were acquired at an average cost of $17.04 per share, with a total value of $102,240.00. Following the acquisition, the insider now directly owns 80,181 shares of the company’s stock, valued at $1,366,284.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Landmark Infrastructure Partners LP (NASDAQ:LMRK) opened at $16.85 on Friday. The stock has a market cap of $332.39, a PE ratio of 24.71 and a beta of 0.41. Landmark Infrastructure Partners LP has a 1 year low of $12.55 and a 1 year high of $18.15. The company has a debt-to-equity ratio of 2.88, a quick ratio of 3.93 and a current ratio of 3.93.

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 14th. Investors of record on Wednesday, November 1st were issued a $0.3575 dividend. This is a boost from Landmark Infrastructure Partners’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend was Tuesday, October 31st. This represents a $1.43 annualized dividend and a yield of 8.49%. Landmark Infrastructure Partners’s dividend payout ratio (DPR) is 255.36%.

A number of large investors have recently modified their holdings of the stock. Orinda Asset Management LLC raised its holdings in Landmark Infrastructure Partners by 38.9% during the third quarter. Orinda Asset Management LLC now owns 117,800 shares of the financial services provider’s stock worth $1,997,000 after purchasing an additional 32,987 shares in the last quarter. Green Square Capital LLC raised its holdings in Landmark Infrastructure Partners by 1.5% during the second quarter. Green Square Capital LLC now owns 1,018,867 shares of the financial services provider’s stock worth $16,302,000 after purchasing an additional 15,462 shares in the last quarter. A. D. Beadell Investment Counsel Inc. raised its holdings in Landmark Infrastructure Partners by 27.5% during the second quarter. A. D. Beadell Investment Counsel Inc. now owns 13,900 shares of the financial services provider’s stock worth $222,000 after purchasing an additional 3,000 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in Landmark Infrastructure Partners by 8.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 80,172 shares of the financial services provider’s stock worth $1,283,000 after purchasing an additional 5,934 shares in the last quarter. Finally, Oxbow Advisors LLC acquired a new stake in Landmark Infrastructure Partners during the third quarter worth approximately $486,000. 28.61% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages recently issued reports on LMRK. Royal Bank Of Canada reissued a “buy” rating and issued a $19.00 price objective on shares of Landmark Infrastructure Partners in a report on Wednesday, August 9th. Zacks Investment Research lowered shares of Landmark Infrastructure Partners from a “hold” rating to a “sell” rating in a report on Thursday, August 10th. BidaskClub lowered shares of Landmark Infrastructure Partners from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Finally, B. Riley reaffirmed a “buy” rating on shares of Landmark Infrastructure Partners in a research note on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $18.50.

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About Landmark Infrastructure Partners

Landmark Infrastructure Partners LP is a master limited partnership formed to acquire, own and manage a portfolio of real property interests that it leases to companies in the wireless communication, outdoor advertising and renewable power generation industries. The Company operates through three segments.

Insider Buying and Selling by Quarter for Landmark Infrastructure Partners (NASDAQ:LMRK)

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