Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) Downgraded by BidaskClub

BidaskClub lowered shares of Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) from a strong-buy rating to a buy rating in a report issued on Saturday, June 1st, BidAskClub reports.

A number of other equities analysts have also recently weighed in on the company. ValuEngine upgraded Landmark Infrastructure Partners LP Unit from a hold rating to a buy rating in a report on Tuesday, April 23rd. Zacks Investment Research upgraded Landmark Infrastructure Partners LP Unit from a sell rating to a hold rating in a report on Wednesday, April 24th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Landmark Infrastructure Partners LP Unit currently has an average rating of Buy and an average target price of $17.00.

NASDAQ:LMRK traded down $0.05 during trading hours on Friday, hitting $16.20. The company had a trading volume of 6,914 shares, compared to its average volume of 75,034. The company has a current ratio of 3.14, a quick ratio of 3.14 and a debt-to-equity ratio of 1.65. The business’s 50-day moving average price is $15.67. The firm has a market capitalization of $409.26 million, a P/E ratio of 28.42, a P/E/G ratio of 5.96 and a beta of 0.85. Landmark Infrastructure Partners LP Unit has a 1 year low of $10.32 and a 1 year high of $17.01.

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) last issued its earnings results on Wednesday, May 1st. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.02. The company had revenue of $14.39 million during the quarter, compared to analysts’ expectations of $15.59 million. Landmark Infrastructure Partners LP Unit had a return on equity of 9.42% and a net margin of 182.88%. On average, equities analysts expect that Landmark Infrastructure Partners LP Unit will post 0.53 earnings per share for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Green Square Capital LLC lifted its stake in Landmark Infrastructure Partners LP Unit by 3.4% during the 4th quarter. Green Square Capital LLC now owns 1,308,786 shares of the financial services provider’s stock worth $15,090,000 after acquiring an additional 43,424 shares in the last quarter. Avalon Advisors LLC raised its position in Landmark Infrastructure Partners LP Unit by 153.0% in the 1st quarter. Avalon Advisors LLC now owns 120,166 shares of the financial services provider’s stock valued at $2,038,000 after purchasing an additional 72,676 shares in the last quarter. Corundum Group Inc. acquired a new stake in Landmark Infrastructure Partners LP Unit in the 4th quarter valued at about $498,000. Steward Partners Investment Advisory LLC raised its position in Landmark Infrastructure Partners LP Unit by 12.6% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 27,001 shares of the financial services provider’s stock valued at $457,000 after purchasing an additional 3,028 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in Landmark Infrastructure Partners LP Unit in the 3rd quarter valued at about $367,000. 10.04% of the stock is currently owned by hedge funds and other institutional investors.

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.

Read More: Green 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