Landmark Infrastructure Partners LP Unit (LMRK) Raised to “Buy” at BidaskClub

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) was upgraded by BidaskClub from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday.

Other research analysts also recently issued research reports about the stock. B. Riley restated a “buy” rating on shares of Landmark Infrastructure Partners LP Unit in a research report on Thursday, November 8th. ValuEngine upgraded shares of Landmark Infrastructure Partners LP Unit from a “sell” rating to a “hold” rating in a research report on Thursday, October 11th. Finally, Zacks Investment Research upgraded shares of Landmark Infrastructure Partners LP Unit from a “sell” rating to a “hold” rating in a research report on Saturday, November 17th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Landmark Infrastructure Partners LP Unit currently has an average rating of “Buy” and a consensus target price of $19.13.

Shares of Landmark Infrastructure Partners LP Unit stock opened at $13.53 on Friday. The company has a market cap of $335.53 million, a P/E ratio of 20.82, a P/E/G ratio of 4.74 and a beta of 0.27. Landmark Infrastructure Partners LP Unit has a twelve month low of $12.43 and a twelve month high of $18.75. The company has a debt-to-equity ratio of 1.44, a quick ratio of 2.34 and a current ratio of 2.34.

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) last issued its quarterly earnings data on Wednesday, November 7th. The financial services provider reported $0.14 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.01. The company had revenue of $17.56 million for the quarter, compared to the consensus estimate of $18.40 million. Landmark Infrastructure Partners LP Unit had a net margin of 196.88% and a return on equity of 15.05%. On average, research analysts anticipate that Landmark Infrastructure Partners LP Unit will post 0.56 earnings per share for the current fiscal year.

In other Landmark Infrastructure Partners LP Unit news, Director Landmark Dividend Llc purchased 51,602 shares of the firm’s stock in a transaction on Tuesday, November 20th. The shares were acquired at an average cost of $13.16 per share, for a total transaction of $679,082.32. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Matthew P. Carbone purchased 14,000 shares of the firm’s stock in a transaction on Thursday, October 4th. The stock was acquired at an average price of $14.10 per share, for a total transaction of $197,400.00. Following the completion of the transaction, the insider now directly owns 14,000 shares of the company’s stock, valued at approximately $197,400. The disclosure for this purchase can be found here. Insiders acquired 94,450 shares of company stock worth $1,251,164 over the last quarter. Insiders own 0.65% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Green Square Capital LLC raised its position in Landmark Infrastructure Partners LP Unit by 4.1% in 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 acquiring an additional 52,098 shares during the period. Brown Advisory Inc. raised its position in Landmark Infrastructure Partners LP Unit by 4.9% in the second quarter. Brown Advisory Inc. now owns 519,629 shares of the financial services provider’s stock worth $7,198,000 after acquiring an additional 24,394 shares during the period. Raymond James & Associates raised its position in Landmark Infrastructure Partners LP Unit by 3.4% in the second 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 period. Orinda Asset Management LLC raised its position in Landmark Infrastructure Partners LP Unit by 35.3% in the second quarter. Orinda Asset Management LLC now owns 249,176 shares of the financial services provider’s stock worth $3,452,000 after acquiring an additional 64,959 shares during the period. Finally, Morgan Stanley raised its position in Landmark Infrastructure Partners LP Unit by 12.5% in the third quarter. Morgan Stanley now owns 68,858 shares of the financial services provider’s stock worth $953,000 after acquiring an additional 7,659 shares during the period. Institutional investors and hedge funds own 18.80% of the company’s stock.

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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