Landmark Infrastructure Partners LP Unit (LMRK) Insider Buys $197,400.00 in Stock

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) insider Matthew P. Carbone acquired 14,000 shares of the company’s stock in a transaction that occurred on 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 purchase, the insider now owns 14,000 shares in the company, valued at approximately $197,400. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

NASDAQ:LMRK opened at $14.10 on Monday. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 3.27. The stock has a market capitalization of $348.06 million, a price-to-earnings ratio of 21.69, a PEG ratio of 4.44 and a beta of 0.34. Landmark Infrastructure Partners LP Unit has a 1-year low of $12.68 and a 1-year high of $18.75.

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) last posted its earnings results on Wednesday, August 1st. The financial services provider reported $0.12 earnings per share for the quarter, meeting the consensus estimate of $0.12. The company had revenue of $16.80 million for the quarter, compared to analyst estimates of $16.90 million. Landmark Infrastructure Partners LP Unit had a net margin of 39.65% and a return on equity of 15.73%. Equities analysts expect that Landmark Infrastructure Partners LP Unit will post 0.62 EPS for the current fiscal year.

A number of large investors have recently bought and sold shares of the business. Penbrook Management LLC boosted its holdings in Landmark Infrastructure Partners LP Unit by 14.5% in the 2nd quarter. Penbrook Management LLC now owns 35,630 shares of the financial services provider’s stock valued at $493,000 after purchasing an additional 4,500 shares during the last quarter. Kayne Anderson Capital Advisors LP lifted its holdings in shares of Landmark Infrastructure Partners LP Unit by 21.4% in the 1st quarter. Kayne Anderson Capital Advisors LP now owns 28,400 shares of the financial services provider’s stock worth $472,000 after acquiring an additional 5,000 shares during the last quarter. BW Gestao de Investimentos Ltda. acquired a new position in shares of Landmark Infrastructure Partners LP Unit in the 1st quarter worth approximately $181,000. Bank of America Corp DE lifted its holdings in shares of Landmark Infrastructure Partners LP Unit by 579.3% in the 2nd quarter. Bank of America Corp DE now owns 12,866 shares of the financial services provider’s stock worth $178,000 after acquiring an additional 10,972 shares during the last quarter. Finally, Raymond James & Associates lifted its holdings in shares of Landmark Infrastructure Partners LP Unit by 3.4% in the 2nd quarter. Raymond James & Associates now owns 344,239 shares of the financial services provider’s stock worth $4,768,000 after acquiring an additional 11,237 shares during the last quarter. Institutional investors own 19.42% of the company’s stock.

Several analysts recently issued reports on the stock. BidaskClub raised shares of Landmark Infrastructure Partners LP Unit from a “strong sell” rating to a “sell” rating in a research note on Thursday, June 21st. Zacks Investment Research cut shares of Landmark Infrastructure Partners LP Unit from a “hold” rating to a “sell” rating in a research note on Friday, August 3rd. Finally, ValuEngine cut shares of Landmark Infrastructure Partners LP Unit from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 2nd. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $19.10.

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

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