Landmark Infrastructure Partners LP Unit (LMRK) Receives $17.00 Consensus Target Price from Analysts

Shares of Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) have earned a consensus recommendation of “Buy” from the six ratings firms that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $17.00.

A number of analysts have commented on the stock. BidaskClub upgraded shares of Landmark Infrastructure Partners LP Unit from a “hold” rating to a “buy” rating in a report on Wednesday. Zacks Investment Research upgraded shares of Landmark Infrastructure Partners LP Unit from a “sell” rating to a “hold” rating in a report on Thursday, February 21st.

In other Landmark Infrastructure Partners LP Unit news, Director Gerald A. Tywoniuk sold 1,913 shares of the stock in a transaction dated Friday, February 22nd. The shares were sold at an average price of $14.50, for a total value of $27,738.50. Following the completion of the sale, the director now owns 3,271 shares in the company, valued at approximately $47,429.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.65% of the stock is currently owned by corporate insiders.

Institutional investors have recently bought and sold shares of the company. Advisor Group Inc. grew its stake in shares of Landmark Infrastructure Partners LP Unit by 266.7% in the 4th quarter. Advisor Group Inc. now owns 3,300 shares of the financial services provider’s stock valued at $38,000 after buying an additional 2,400 shares during the period. Geode Capital Management LLC grew its stake in shares of Landmark Infrastructure Partners LP Unit by 6.5% in the 4th quarter. Geode Capital Management LLC now owns 12,857 shares of the financial services provider’s stock valued at $147,000 after buying an additional 780 shares during the period. Stifel Financial Corp purchased a new stake in shares of Landmark Infrastructure Partners LP Unit in the 4th quarter valued at approximately $150,000. Howard Financial Services LTD. purchased a new stake in shares of Landmark Infrastructure Partners LP Unit in the 4th quarter valued at approximately $158,000. Finally, Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Landmark Infrastructure Partners LP Unit in the 4th quarter valued at approximately $173,000. 17.84% of the stock is owned by institutional investors and hedge funds.

LMRK stock traded up $0.68 during mid-day trading on Friday, reaching $16.96. The company’s stock had a trading volume of 165,404 shares, compared to its average volume of 193,295. The company has a market cap of $412.51 million, a price-to-earnings ratio of 29.75, a PEG ratio of 5.99 and a beta of 0.82. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 1.57. Landmark Infrastructure Partners LP Unit has a fifty-two week low of $10.32 and a fifty-two week high of $17.30.

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

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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