Landmark Infrastructure Partners LP Unit (LMRK) Lifted to Sell at BidaskClub

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research note issued to investors on Thursday.

Other research analysts have also issued reports about the stock. ValuEngine upgraded shares of Landmark Infrastructure Partners LP Unit from a “strong sell” rating to a “sell” rating in a research note on Wednesday, September 12th. Zacks Investment Research lowered shares of Landmark Infrastructure Partners LP Unit from a “hold” rating to a “sell” rating in a research note on Friday, August 3rd. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $19.10.

Shares of Landmark Infrastructure Partners LP Unit stock opened at $13.60 on Thursday. Landmark Infrastructure Partners LP Unit has a 52-week low of $12.68 and a 52-week high of $18.75. 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 cap of $340.52 million, a PE ratio of 20.92, a PEG ratio of 4.35 and a beta of 0.35.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Bank of America Corp DE grew its position in 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 buying an additional 10,972 shares during the period. BW Gestao de Investimentos Ltda. acquired a new position in Landmark Infrastructure Partners LP Unit during the first quarter worth about $181,000. Cibc Bank USA acquired a new position in Landmark Infrastructure Partners LP Unit during the second quarter worth about $209,000. Kayne Anderson Capital Advisors LP grew its position in Landmark Infrastructure Partners LP Unit by 21.4% during the first quarter. Kayne Anderson Capital Advisors LP now owns 28,400 shares of the financial services provider’s stock worth $472,000 after buying an additional 5,000 shares during the period. Finally, Penbrook Management LLC grew its position in Landmark Infrastructure Partners LP Unit by 14.5% during the second quarter. Penbrook Management LLC now owns 35,630 shares of the financial services provider’s stock worth $493,000 after buying an additional 4,500 shares during the period. Institutional investors own 19.42% 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.

Recommended Story: Diversification Important in Investing

Receive News & Ratings for Landmark Infrastructure Partners LP Unit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Landmark Infrastructure Partners LP Unit and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply