Landmark Infrastructure Partners LP Unit (LMRK) Given Buy Rating at B. Riley

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK)‘s stock had its “buy” rating reiterated by B. Riley in a research note issued to investors on Thursday.

A number of other analysts have also recently issued reports on the company. Zacks Investment Research cut Landmark Infrastructure Partners LP Unit from a “hold” rating to a “sell” rating in a research report on Friday. ValuEngine cut Landmark Infrastructure Partners LP Unit from a “hold” rating to a “sell” rating in a research report on Wednesday. Finally, BidaskClub downgraded Landmark Infrastructure Partners LP Unit from a “buy” rating to a “hold” rating in a research note on Tuesday, October 30th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. Landmark Infrastructure Partners LP Unit presently has an average rating of “Hold” and a consensus target price of $19.13.

Shares of NASDAQ LMRK opened at $12.62 on Thursday. The stock has a market capitalization of $344.54 million, a P/E ratio of 19.42, a PEG ratio of 4.40 and a beta of 0.27. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 3.27. Landmark Infrastructure Partners LP Unit has a 52-week low of $12.43 and a 52-week high of $18.75.

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) last announced its earnings results on Wednesday, November 7th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. The firm had revenue of $17.56 million during the quarter, compared to analysts’ expectations of $18.40 million. Landmark Infrastructure Partners LP Unit had a return on equity of 15.73% and a net margin of 39.65%. As a group, research analysts forecast that Landmark Infrastructure Partners LP Unit will post 0.62 earnings per share for the current fiscal year.

In other Landmark Infrastructure Partners LP Unit news, insider Arthur P. Brazy, Jr. bought 8,100 shares of the business’s stock in a transaction dated Friday, September 28th. The stock was acquired at an average cost of $13.79 per share, with a total value of $111,699.00. Following the purchase, the insider now owns 138,952 shares in the company, valued at approximately $1,916,148.08. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Matthew P. Carbone bought 14,000 shares of the business’s stock in a transaction dated Thursday, October 4th. The shares were acquired at an average cost of $14.10 per share, with a total value of $197,400.00. Following the completion of the purchase, the insider now owns 14,000 shares in the company, valued at approximately $197,400. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 23,848 shares of company stock valued at $332,872. Company insiders own 0.65% of the company’s stock.

Hedge funds have recently modified their holdings of the company. Sapphire Star Partners LP lifted its holdings in shares of Landmark Infrastructure Partners LP Unit by 17.1% during the third quarter. Sapphire Star Partners LP now owns 49,159 shares of the financial services provider’s stock worth $681,000 after purchasing an additional 7,182 shares during the period. Pwmco LLC acquired a new stake in shares of Landmark Infrastructure Partners LP Unit during the third quarter worth about $283,000. Green Square Capital LLC lifted its holdings in shares of Landmark Infrastructure Partners LP Unit by 4.1% during the second quarter. Green Square Capital LLC now owns 1,330,647 shares of the financial services provider’s stock worth $18,429,000 after purchasing an additional 52,098 shares during the period. Bank of America Corp DE lifted its holdings in shares of Landmark Infrastructure Partners LP Unit by 579.3% during the second quarter. Bank of America Corp DE now owns 12,866 shares of the financial services provider’s stock worth $178,000 after purchasing an additional 10,972 shares during the period. Finally, Raymond James & Associates lifted its holdings in shares of Landmark Infrastructure Partners LP Unit by 3.4% during the second quarter. Raymond James & Associates now owns 344,239 shares of the financial services provider’s stock worth $4,768,000 after purchasing an additional 11,237 shares during the period. 19.14% of the stock is owned by institutional investors and hedge funds.

About Landmark Infrastructure Partners LP Unit

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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