Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) Upgraded to “Strong-Buy” by BidaskClub

BidaskClub upgraded shares of Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) from a buy rating to a strong-buy rating in a report released on Thursday, BidAskClub reports.

Other equities research analysts have also issued research reports about the company. Zacks Investment Research lowered GenMark Diagnostics from a hold rating to a sell rating in a research note on Wednesday, April 24th. ValuEngine lowered Xylem from a buy rating to a hold rating in a research note on Tuesday, May 14th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Landmark Infrastructure Partners LP Unit currently has an average rating of Buy and an average price target of $17.00.

Shares of NASDAQ:LMRK traded up $0.16 during midday trading on Thursday, hitting $16.80. The company had a trading volume of 445 shares, compared to its average volume of 81,968. The company has a debt-to-equity ratio of 1.65, a quick ratio of 3.14 and a current ratio of 3.14. The firm has a market cap of $421.66 million, a P/E ratio of 29.49, a price-to-earnings-growth ratio of 6.29 and a beta of 0.90. Landmark Infrastructure Partners LP Unit has a 12-month low of $10.32 and a 12-month high of $17.01. The business has a fifty day simple moving average of $15.98.

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

Several institutional investors have recently modified their holdings of the company. Geode Capital Management LLC grew its position in shares of 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 valued at $147,000 after purchasing an additional 780 shares in the last quarter. Advisor Group Inc. grew its position in shares of 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 valued at $38,000 after purchasing an additional 2,400 shares in the last quarter. Steward Partners Investment Advisory LLC grew its position in shares of Landmark Infrastructure Partners LP Unit by 12.6% during the first 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. Quad Cities Investment Group LLC lifted its holdings in shares of Landmark Infrastructure Partners LP Unit by 1,076.4% in the 1st quarter. Quad Cities Investment Group LLC now owns 6,176 shares of the financial services provider’s stock valued at $104,000 after acquiring an additional 5,651 shares during the last quarter. Finally, Stifel Financial Corp bought a new position in shares of Landmark Infrastructure Partners LP Unit in the 4th quarter valued at about $150,000. Hedge funds and other institutional investors own 10.04% of the company’s stock.

Landmark Infrastructure Partners LP Unit Company Profile

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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