Landmark Infrastructure Partners LP (LMRK) Rating Increased to Hold at Zacks Investment Research

Landmark Infrastructure Partners LP (NASDAQ:LMRK) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday.

According to Zacks, “Landmark Infrastructure Partners LP is a master limited partnership company which focuses on acquiring, owning and managing a portfolio of real property interests. The company lease its properties to wireless communication, outdoor advertising and renewable power generation industries. Landmark Infrastructure Partners LP is based in El Segundo, California. “

Several other analysts also recently commented on the stock. BidaskClub downgraded shares of Landmark Infrastructure Partners from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $19.00 target price on shares of Landmark Infrastructure Partners in a report on Wednesday, August 9th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $18.50.

Landmark Infrastructure Partners (NASDAQ:LMRK) last announced its earnings results on Thursday, August 3rd. The financial services provider reported $0.12 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.02). The company had revenue of $12.80 million for the quarter, compared to the consensus estimate of $13.63 million. Landmark Infrastructure Partners had a return on equity of 9.69% and a net margin of 26.38%.

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A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Blair William & Co. IL boosted its holdings in Landmark Infrastructure Partners by 5.2% in the 2nd quarter. Blair William & Co. IL now owns 19,571 shares of the financial services provider’s stock valued at $313,000 after purchasing an additional 971 shares during the period. Royal Bank of Canada boosted its holdings in Landmark Infrastructure Partners by 16.4% in the 2nd quarter. Royal Bank of Canada now owns 13,400 shares of the financial services provider’s stock valued at $214,000 after purchasing an additional 1,885 shares during the period. A. D. Beadell Investment Counsel Inc. boosted its holdings in Landmark Infrastructure Partners by 27.5% in the 2nd quarter. A. D. Beadell Investment Counsel Inc. now owns 13,900 shares of the financial services provider’s stock valued at $222,000 after purchasing an additional 3,000 shares during the period. Raymond James Trust N.A. boosted its holdings in Landmark Infrastructure Partners by 29.5% in the 2nd quarter. Raymond James Trust N.A. now owns 21,939 shares of the financial services provider’s stock valued at $351,000 after purchasing an additional 5,000 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in Landmark Infrastructure Partners by 8.0% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 80,172 shares of the financial services provider’s stock valued at $1,283,000 after purchasing an additional 5,934 shares during the period. 20.60% of the stock is owned by hedge funds and other institutional investors.

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.

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