Landmark Infrastructure (LMRK) Raised to Sell at BidaskClub

BidaskClub upgraded shares of Landmark Infrastructure (NASDAQ:LMRK) from a strong sell rating to a sell rating in a report released on Thursday morning.

Several other research firms also recently commented on LMRK. Zacks Investment Research downgraded shares of Landmark Infrastructure from a strong-buy rating to a hold rating in a report on Wednesday, April 25th. TheStreet downgraded shares of Landmark Infrastructure from a b rating to a c+ rating in a report on Wednesday, May 16th. ValuEngine downgraded shares of Landmark Infrastructure from a hold rating to a sell rating in a report on Wednesday, May 2nd. Finally, Wells Fargo & Co started coverage on shares of Landmark Infrastructure in a report on Monday, February 26th. They issued a market perform rating and a $18.50 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of $19.10.

Landmark Infrastructure opened at $14.00 on Thursday, MarketBeat.com reports. Landmark Infrastructure has a one year low of $12.95 and a one year high of $18.75. The firm has a market capitalization of $350.08 million, a price-to-earnings ratio of 21.54, a P/E/G ratio of 3.96 and a beta of 0.39. The company has a debt-to-equity ratio of 3.18, a quick ratio of 1.17 and a current ratio of 1.17.

Landmark Infrastructure (NASDAQ:LMRK) last released its quarterly earnings data on Wednesday, May 2nd. The financial services provider reported $0.19 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.02. Landmark Infrastructure had a net margin of 33.54% and a return on equity of 13.43%. The firm had revenue of $15.70 million for the quarter, compared to the consensus estimate of $16.49 million. analysts predict that Landmark Infrastructure will post 0.71 earnings per share for the current fiscal year.

In other Landmark Infrastructure news, insider Arthur P. Brazy, Jr. bought 6,356 shares of Landmark Infrastructure stock in a transaction dated Monday, May 7th. The stock was bought at an average price of $14.45 per share, with a total value of $91,844.20. Following the completion of the transaction, the insider now owns 114,554 shares in the company, valued at approximately $1,655,305.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Arthur P. Brazy, Jr. bought 7,400 shares of Landmark Infrastructure stock in a transaction dated Friday, May 4th. The stock was acquired at an average cost of $14.50 per share, with a total value of $107,300.00. Following the transaction, the insider now owns 108,198 shares of the company’s stock, valued at approximately $1,568,871. The disclosure for this purchase can be found here. In the last three months, insiders bought 16,406 shares of company stock valued at $234,655. 0.65% of the stock is currently owned by company insiders.

Several institutional investors have recently made changes to their positions in LMRK. Brown Advisory Inc. bought a new stake in shares of Landmark Infrastructure in the fourth quarter valued at about $4,847,000. Green Square Capital LLC boosted its position in shares of Landmark Infrastructure by 22.3% in the fourth quarter. Green Square Capital LLC now owns 1,255,072 shares of the financial services provider’s stock valued at $22,717,000 after acquiring an additional 229,199 shares during the period. Penbrook Management LLC bought a new stake in shares of Landmark Infrastructure in the fourth quarter valued at about $634,000. Lee Financial Co bought a new stake in shares of Landmark Infrastructure in the first quarter valued at about $415,000. Finally, California Public Employees Retirement System bought a new stake in shares of Landmark Infrastructure in the fourth quarter valued at about $377,000. 18.54% of the stock is owned by institutional investors.

Landmark Infrastructure Company Profile

Landmark Infrastructure Partners LP acquires, owns, and manages a portfolio of real property interests and infrastructure assets in the United States. The company leases its real property interests and infrastructure assets to companies operating in the wireless communication, outdoor advertising, and renewable power generation industries.

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