Landmark Infrastructure Partners LP (NASDAQ:LMRK) Director Gerald A. Tywoniuk sold 1,200 shares of Landmark Infrastructure Partners stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $17.48, for a total value of $20,976.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of Landmark Infrastructure Partners LP (NASDAQ:LMRK) traded down $0.25 during midday trading on Monday, reaching $17.10. The company had a trading volume of 33,800 shares, compared to its average volume of 59,922. The stock has a market capitalization of $338.32, a price-to-earnings ratio of 25.15 and a beta of 0.45. Landmark Infrastructure Partners LP has a 52-week low of $12.55 and a 52-week high of $18.15. The company has a current ratio of 3.93, a quick ratio of 3.93 and a debt-to-equity ratio of 2.88.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 14th. Investors of record on Wednesday, November 1st will be given a $0.3575 dividend. The ex-dividend date of this dividend is Tuesday, October 31st. This represents a $1.43 dividend on an annualized basis and a yield of 8.36%. This is a positive change from Landmark Infrastructure Partners’s previous quarterly dividend of $0.36. Landmark Infrastructure Partners’s dividend payout ratio is currently 255.36%.

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Several research firms have issued reports on LMRK. Zacks Investment Research lowered Landmark Infrastructure Partners from a “hold” rating to a “sell” rating in a research note on Wednesday, November 8th. B. Riley restated a “buy” rating on shares of Landmark Infrastructure Partners in a research note on Thursday, November 2nd. Royal Bank Of Canada restated a “buy” rating and set a $19.00 price target on shares of Landmark Infrastructure Partners in a research note on Tuesday, November 7th. Finally, BidaskClub lowered Landmark Infrastructure Partners from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $18.50.

A number of hedge funds and other institutional investors have recently modified their holdings of LMRK. Wells Fargo & Company MN boosted its position in Landmark Infrastructure Partners by 127.1% in the third quarter. Wells Fargo & Company MN now owns 7,951 shares of the financial services provider’s stock valued at $134,000 after buying an additional 4,450 shares during the last quarter. US Bancorp DE purchased a new stake in Landmark Infrastructure Partners in the second quarter valued at approximately $160,000. Goldman Sachs Group Inc. purchased a new stake in Landmark Infrastructure Partners in the first quarter valued at approximately $165,000. Kayne Anderson Capital Advisors LP purchased a new stake in Landmark Infrastructure Partners in the second quarter valued at approximately $200,000. Finally, Royal Bank of Canada boosted its position in Landmark Infrastructure Partners by 16.4% in the second quarter. Royal Bank of Canada now owns 13,400 shares of the financial services provider’s stock valued at $214,000 after buying an additional 1,885 shares during the last quarter. Hedge funds and other institutional investors own 21.34% of the company’s stock.

Landmark Infrastructure Partners Company Profile

Landmark Infrastructure Partners LP is a master limited partnership formed to acquire, own and manage a portfolio of real property interests that it leases to companies in the wireless communication, outdoor advertising and renewable power generation industries. The Company operates through three segments.

Insider Buying and Selling by Quarter for Landmark Infrastructure Partners (NASDAQ:LMRK)

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