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

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 research analysts also recently weighed in on the stock. Royal Bank Of Canada reissued a “buy” rating and issued a $19.00 target price on shares of Landmark Infrastructure Partners in a research note on Wednesday. BidaskClub raised shares of Landmark Infrastructure Partners from a “hold” rating to a “buy” rating in a research note on Tuesday, July 25th. Finally, FBR & Co set a $18.00 target price on shares of Landmark Infrastructure Partners and gave the company a “buy” rating in a research note on Saturday, May 6th. One investment analyst has 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 company currently has a consensus rating of “Hold” and a consensus target price of $18.33.

Landmark Infrastructure Partners (LMRK) traded down 2.38% during midday trading on Thursday, reaching $16.40. 75,070 shares of the company traded hands. The company’s 50-day moving average price is $16.67 and its 200 day moving average price is $15.80. The firm has a market capitalization of $375.30 million, a PE ratio of 31.42 and a beta of 0.42. Landmark Infrastructure Partners has a 12 month low of $12.55 and a 12 month high of $18.44.

Landmark Infrastructure Partners (NASDAQ:LMRK) last announced its earnings results on Thursday, August 3rd. The financial services provider reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.14 by $0.02. Landmark Infrastructure Partners had a net margin of 26.38% and a return on equity of 9.69%. The firm had revenue of $12.80 million during the quarter, compared to analyst estimates of $13.63 million. On average, equities analysts anticipate that Landmark Infrastructure Partners will post $0.52 earnings per share for the current year.

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In related news, insider Arthur P. Brazy, Jr. acquired 7,000 shares of the company’s stock in a transaction dated Tuesday, May 23rd. The stock was bought at an average price of $15.88 per share, with a total value of $111,160.00. Following the purchase, the insider now directly owns 76,981 shares in the company, valued at approximately $1,222,458.28. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider George P. Doyle acquired 4,000 shares of the company’s stock in a transaction dated Monday, May 22nd. The shares were bought at an average cost of $15.95 per share, with a total value of $63,800.00. Following the purchase, the insider now owns 9,202 shares in the company, valued at $146,771.90. The disclosure for this purchase can be found here. Insiders own 0.65% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Green Square Capital LLC increased its position in Landmark Infrastructure Partners by 3.6% in the first quarter. Green Square Capital LLC now owns 1,003,405 shares of the financial services provider’s stock worth $15,001,000 after buying an additional 35,031 shares in the last quarter. Nuveen Asset Management LLC increased its position in Landmark Infrastructure Partners by 27.9% in the first quarter. Nuveen Asset Management LLC now owns 176,712 shares of the financial services provider’s stock worth $2,642,000 after buying an additional 38,558 shares in the last quarter. Bard Associates Inc. increased its position in Landmark Infrastructure Partners by 3.2% in the first quarter. Bard Associates Inc. now owns 130,650 shares of the financial services provider’s stock worth $1,953,000 after buying an additional 4,075 shares in the last quarter. Avenir Corp increased its position in Landmark Infrastructure Partners by 2.9% in the first quarter. Avenir Corp now owns 123,147 shares of the financial services provider’s stock worth $1,841,000 after buying an additional 3,435 shares in the last quarter. Finally, Guggenheim Capital LLC increased its position in Landmark Infrastructure Partners by 115.9% in the fourth quarter. Guggenheim Capital LLC now owns 84,982 shares of the financial services provider’s stock worth $1,296,000 after buying an additional 45,622 shares in the last quarter. 21.07% of the stock is owned by institutional investors.

About Landmark Infrastructure Partners

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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