Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) insider Arthur P. Brazy, Jr. bought 19,000 shares of the stock in a transaction dated Friday, November 9th. The stock was bought at an average price of $12.59 per share, with a total value of $239,210.00. Following the purchase, the insider now owns 157,952 shares of the company’s stock, valued at approximately $1,988,615.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of NASDAQ LMRK opened at $13.19 on Wednesday. Landmark Infrastructure Partners LP Unit has a fifty-two week low of $12.43 and a fifty-two week high of $18.75. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 1.44. The company has a market cap of $317.85 million, a price-to-earnings ratio of 16.55, a price-to-earnings-growth ratio of 4.49 and a beta of 0.27.

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) last issued its quarterly earnings data on Wednesday, November 7th. The financial services provider reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. Landmark Infrastructure Partners LP Unit had a return on equity of 15.05% and a net margin of 196.88%. The firm had revenue of $17.56 million during the quarter, compared to analyst estimates of $18.40 million. Equities analysts expect that Landmark Infrastructure Partners LP Unit will post 0.56 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 14th. Shareholders of record on Monday, November 5th will be paid a dividend of $0.3675 per share. This represents a $1.47 dividend on an annualized basis and a yield of 11.14%. The ex-dividend date of this dividend is Friday, November 2nd. This is a positive change from Landmark Infrastructure Partners LP Unit’s previous quarterly dividend of $0.34. Landmark Infrastructure Partners LP Unit’s dividend payout ratio (DPR) is 226.15%.

A number of hedge funds and other institutional investors have recently modified their holdings of LMRK. Bank of America Corp DE grew its stake in Landmark Infrastructure Partners LP Unit by 579.3% during the 2nd quarter. Bank of America Corp DE now owns 12,866 shares of the financial services provider’s stock valued at $178,000 after purchasing an additional 10,972 shares in the last quarter. Pwmco LLC acquired a new stake in Landmark Infrastructure Partners LP Unit during the 3rd quarter valued at approximately $283,000. Renaissance Technologies LLC acquired a new stake in Landmark Infrastructure Partners LP Unit during the 3rd quarter valued at approximately $367,000. Penbrook Management LLC grew its stake in Landmark Infrastructure Partners LP Unit by 14.5% during the 2nd quarter. Penbrook Management LLC now owns 35,630 shares of the financial services provider’s stock valued at $493,000 after purchasing an additional 4,500 shares in the last quarter. Finally, Sapphire Star Partners LP grew its stake in Landmark Infrastructure Partners LP Unit by 37.5% during the 2nd quarter. Sapphire Star Partners LP now owns 41,977 shares of the financial services provider’s stock valued at $581,000 after purchasing an additional 11,438 shares in the last quarter. Hedge funds and other institutional investors own 19.07% of the company’s stock.

A number of equities research analysts have recently issued reports on LMRK shares. ValuEngine lowered Landmark Infrastructure Partners LP Unit from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 2nd. Zacks Investment Research lowered Landmark Infrastructure Partners LP Unit from a “hold” rating to a “sell” rating in a research note on Friday, August 3rd. BidaskClub lowered Landmark Infrastructure Partners LP Unit from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 9th. Finally, B. Riley reiterated a “buy” rating on shares of Landmark Infrastructure Partners LP Unit in a research note on Thursday, November 8th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $19.13.

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Landmark Infrastructure Partners LP Unit Company Profile

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

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