Landmark Infrastructure Partners LP Unit (LMRK) Receives Average Recommendation of “Buy” from Analysts

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) has been given a consensus recommendation of “Buy” by the six analysts that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $17.00.

LMRK has been the topic of several analyst reports. Zacks Investment Research upgraded Landmark Infrastructure Partners LP Unit from a “sell” rating to a “hold” rating in a report on Wednesday, December 26th. BidaskClub upgraded Landmark Infrastructure Partners LP Unit from a “hold” rating to a “buy” rating in a report on Wednesday, March 27th.

Shares of Landmark Infrastructure Partners LP Unit stock opened at $16.24 on Wednesday. The stock has a market capitalization of $413.04 million, a PE ratio of 28.49, a PEG ratio of 5.91 and a beta of 0.85. Landmark Infrastructure Partners LP Unit has a one year low of $10.32 and a one year high of $17.30. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.62 and a current ratio of 1.62.

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) last issued its quarterly earnings results on Wednesday, February 20th. The financial services provider reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.33). Landmark Infrastructure Partners LP Unit had a net margin of 178.49% and a return on equity of 10.01%. The firm had revenue of $14.71 million during the quarter, compared to the consensus estimate of $16.60 million. Analysts predict that Landmark Infrastructure Partners LP Unit will post 0.54 earnings per share for the current fiscal year.

In related news, Director Gerald A. Tywoniuk sold 1,913 shares of the company’s stock in a transaction dated Friday, February 22nd. The stock was sold at an average price of $14.50, for a total transaction of $27,738.50. Following the sale, the director now owns 3,271 shares in the company, valued at $47,429.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate 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 stock. Geode Capital Management LLC raised its holdings in Landmark Infrastructure Partners LP Unit by 6.5% during the fourth quarter. Geode Capital Management LLC now owns 12,857 shares of the financial services provider’s stock worth $147,000 after acquiring an additional 780 shares in the last quarter. Sanders Morris Harris LLC raised its holdings in Landmark Infrastructure Partners LP Unit by 8.1% during the fourth quarter. Sanders Morris Harris LLC now owns 21,460 shares of the financial services provider’s stock worth $247,000 after acquiring an additional 1,600 shares in the last quarter. Advisor Group Inc. raised its holdings in Landmark Infrastructure Partners LP Unit by 266.7% during the fourth quarter. Advisor Group Inc. now owns 3,300 shares of the financial services provider’s stock worth $38,000 after acquiring an additional 2,400 shares in the last quarter. Quad Cities Investment Group LLC raised its holdings in Landmark Infrastructure Partners LP Unit by 1,076.4% during the first quarter. Quad Cities Investment Group LLC now owns 6,176 shares of the financial services provider’s stock worth $104,000 after acquiring an additional 5,651 shares in the last quarter. Finally, Stifel Financial Corp bought a new stake in Landmark Infrastructure Partners LP Unit during the fourth quarter worth about $150,000. Institutional investors and hedge funds own 17.84% of the company’s stock.

About Landmark Infrastructure Partners LP Unit

Landmark Infrastructure Partners LP engages in the acquisition, ownership, and management of portfolio of real property interests. It operates through the following business segments: Wireless Communication, Outdoor Advertising, and Renewable Power Generation. The Wireless Communication segment involves the leasing real property interests to companies in the wireless communication industry.

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