Blair William & Co. IL raised its position in Landmark Infrastructure Partners LP (NASDAQ:LMRK) by 7.5% during the first quarter, according to its most recent disclosure with the SEC. The firm owned 18,600 shares of the financial services provider’s stock after buying an additional 1,300 shares during the period. Blair William & Co. IL owned 0.08% of Landmark Infrastructure Partners worth $278,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Raymond James Financial Services Advisors Inc. boosted its stake in Landmark Infrastructure Partners by 59.6% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 77,048 shares of the financial services provider’s stock valued at $1,175,000 after buying an additional 28,783 shares during the last quarter. Raymond James Trust N.A. acquired a new position in Landmark Infrastructure Partners during the first quarter worth approximately $253,000. Regent Investment Management LLC boosted its position in Landmark Infrastructure Partners by 15.5% in the first quarter. Regent Investment Management LLC now owns 82,083 shares of the financial services provider’s stock worth $1,227,000 after buying an additional 11,000 shares in the last quarter. E&G Advisors LP acquired a new position in Landmark Infrastructure Partners during the first quarter worth approximately $2,870,000. Finally, Renaissance Technologies LLC boosted its position in Landmark Infrastructure Partners by 5.0% in the fourth quarter. Renaissance Technologies LLC now owns 68,500 shares of the financial services provider’s stock worth $1,045,000 after buying an additional 3,256 shares in the last quarter. 20.67% of the stock is owned by hedge funds and other institutional investors.
Shares of Landmark Infrastructure Partners LP (NASDAQ LMRK) traded up 1.26% during midday trading on Friday, hitting $16.10. 14,375 shares of the stock traded hands. The stock has a market cap of $367.43 million, a price-to-earnings ratio of 32.07 and a beta of 0.39. Landmark Infrastructure Partners LP has a one year low of $12.55 and a one year high of $18.44. The firm has a 50-day moving average price of $15.74 and a 200 day moving average price of $15.39.
Landmark Infrastructure Partners (NASDAQ:LMRK) last announced its quarterly earnings data on Thursday, May 4th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by $0.09. Landmark Infrastructure Partners had a net margin of 26.10% and a return on equity of 9.42%. The business had revenue of $12.20 million during the quarter, compared to analyst estimates of $12.56 million. Analysts anticipate that Landmark Infrastructure Partners LP will post $0.47 earnings per share for the current year.
A number of analysts have issued reports on LMRK shares. FBR & Co set a $18.00 target price on Landmark Infrastructure Partners and gave the company a “buy” rating in a research report on Saturday, May 6th. Zacks Investment Research lowered Landmark Infrastructure Partners from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. Finally, Royal Bank Of Canada reiterated a “buy” rating and set a $17.00 target price on shares of Landmark Infrastructure Partners in a research note on Thursday, May 25th.
In other Landmark Infrastructure Partners news, insider Arthur P. Brazy, Jr. bought 7,000 shares of Landmark Infrastructure Partners stock in a transaction dated Tuesday, May 23rd. The shares were bought at an average price of $15.88 per share, with a total value of $111,160.00. Following the purchase, the insider now owns 76,981 shares of the company’s stock, valued at $1,222,458.28. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider George P. Doyle purchased 4,000 shares of the business’s stock in a transaction that occurred on Monday, May 22nd. The stock was purchased at an average price of $15.95 per share, for a total transaction of $63,800.00. Following the completion of the transaction, the insider now directly owns 9,202 shares in the company, valued at $146,771.90. The disclosure for this purchase can be found here. Corporate insiders own 0.65% of the company’s stock.
Landmark Infrastructure Partners Company Profile
Landmark Infrastructure Partners LP is a master limited partnership formed to acquire, own and manage a portfolio of real property interests that it leases to companies in the wireless communication, outdoor advertising and renewable power generation industries. The Company operates through three segments.
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