Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) Sees Significant Increase in Short Interest

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totalling 45,500 shares, an increase of 39.1% from the May 30th total of 32,700 shares. Based on an average daily trading volume, of 96,000 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advisor Group Inc. raised its holdings in shares of Landmark Infrastructure Partners LP Unit by 266.7% during 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 in the last quarter. Stifel Financial Corp purchased a new position in shares of Landmark Infrastructure Partners LP Unit during the 4th quarter valued at about $150,000. Geode Capital Management LLC raised its holdings in shares of Landmark Infrastructure Partners LP Unit by 6.5% during 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 in the last quarter. Green Square Capital LLC raised its holdings in shares of Landmark Infrastructure Partners LP Unit by 3.4% during the 4th quarter. Green Square Capital LLC now owns 1,308,786 shares of the financial services provider’s stock valued at $15,090,000 after buying an additional 43,424 shares in the last quarter. Finally, Howard Financial Services LTD. purchased a new position in shares of Landmark Infrastructure Partners LP Unit during the 4th quarter valued at about $158,000. 10.04% of the stock is currently owned by institutional investors and hedge funds.

LMRK traded up $0.10 during trading on Friday, reaching $16.74. The company’s stock had a trading volume of 60,679 shares, compared to its average volume of 81,081. The company has a current ratio of 3.14, a quick ratio of 3.14 and a debt-to-equity ratio of 1.65. The stock has a fifty day simple moving average of $16.00. Landmark Infrastructure Partners LP Unit has a 1 year low of $10.32 and a 1 year high of $17.01. The company has a market capitalization of $421.63 million, a P/E ratio of 29.37, a price-to-earnings-growth ratio of 6.24 and a beta of 0.90.

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) last released its earnings results on Wednesday, May 1st. The financial services provider reported $0.15 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.02. Landmark Infrastructure Partners LP Unit had a net margin of 182.88% and a return on equity of 9.42%. The business had revenue of $14.39 million for 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 fiscal year.

Several research firms recently issued reports on LMRK. BidaskClub cut Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Thursday. ValuEngine cut Xylem from a “buy” rating to a “hold” rating in a report on Tuesday, May 14th. Finally, Zacks Investment Research cut GenMark Diagnostics from a “hold” rating to a “sell” rating in a report on Wednesday, April 24th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Landmark Infrastructure Partners LP Unit presently has a consensus rating of “Buy” and a consensus target price of $17.00.

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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