BidaskClub lowered shares of Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) from a sell rating to a strong sell rating in a research report sent to investors on Thursday.

A number of other research analysts also recently commented on the company. Zacks Investment Research downgraded Landmark Infrastructure Partners LP Unit from a hold rating to a sell rating in a research note on Friday, August 3rd. ValuEngine downgraded Landmark Infrastructure Partners LP Unit from a hold rating to a sell rating in a research note on Wednesday, May 2nd. Finally, TheStreet downgraded Landmark Infrastructure Partners LP Unit from a b rating to a c+ rating in a research note on Wednesday, May 16th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $19.10.

Landmark Infrastructure Partners LP Unit traded up $0.30, reaching $13.00, during trading hours on Thursday, according to Marketbeat. 63,362 shares of the company’s stock were exchanged, compared to its average volume of 62,417. Landmark Infrastructure Partners LP Unit has a one year low of $12.68 and a one year high of $18.75. The company has a debt-to-equity ratio of 3.27, a quick ratio of 1.65 and a current ratio of 1.65. The stock has a market cap of $319.16 million, a price-to-earnings ratio of 20.00, a PEG ratio of 4.07 and a beta of 0.38.

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) last posted its 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. The business had revenue of $16.80 million during the quarter, compared to analysts’ expectations of $16.90 million. Landmark Infrastructure Partners LP Unit had a return on equity of 15.73% and a net margin of 39.65%. analysts predict that Landmark Infrastructure Partners LP Unit will post 0.62 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 14th. Shareholders of record on Wednesday, August 1st will be given a $0.3675 dividend. This represents a $1.47 dividend on an annualized basis and a yield of 11.31%. The ex-dividend date of this dividend is Tuesday, July 31st. Landmark Infrastructure Partners LP Unit’s dividend payout ratio is presently 226.15%.

A number of institutional investors have recently added to or reduced their stakes in LMRK. BW Gestao de Investimentos Ltda. bought a new stake in shares of Landmark Infrastructure Partners LP Unit during the first quarter worth about $181,000. Cibc Bank USA acquired a new stake in shares of Landmark Infrastructure Partners LP Unit during the second quarter worth $209,000. Lee Financial Co acquired a new stake in shares of Landmark Infrastructure Partners LP Unit during the first quarter worth $415,000. Kayne Anderson Capital Advisors LP lifted its holdings in shares of 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 in the last quarter. Finally, Penbrook Management LLC lifted its holdings in shares of 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 in the last quarter. Hedge funds and other institutional investors own 19.86% 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.

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