Landmark Infrastructure Partners (NASDAQ:LMRK) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Thursday.

Several other research firms have also issued reports on LMRK. Zacks Investment Research lowered Landmark Infrastructure Partners from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $19.00 target price on shares of Landmark Infrastructure Partners in a report on Tuesday, November 7th. Finally, B. Riley reaffirmed a “buy” rating on shares of Landmark Infrastructure Partners in a report on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $18.50.

Landmark Infrastructure Partners (NASDAQ LMRK) traded up $0.35 during mid-day trading on Thursday, hitting $18.40. The stock had a trading volume of 65,749 shares, compared to its average volume of 48,796. The company has a market capitalization of $429.91, a price-to-earnings ratio of 26.54 and a beta of 0.45. The company has a current ratio of 3.93, a quick ratio of 3.93 and a debt-to-equity ratio of 2.88. Landmark Infrastructure Partners has a 52 week low of $14.20 and a 52 week high of $18.50.

In other Landmark Infrastructure Partners news, insider Arthur P. Brazy, Jr. bought 6,000 shares of Landmark Infrastructure Partners stock in a transaction dated Wednesday, November 15th. The stock was bought at an average cost of $17.04 per share, with a total value of $102,240.00. Following the completion of the acquisition, the insider now directly owns 80,181 shares in the company, valued at approximately $1,366,284.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.65% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in LMRK. Green Square Capital LLC lifted its stake in Landmark Infrastructure Partners by 0.7% in the third quarter. Green Square Capital LLC now owns 1,025,873 shares of the financial services provider’s stock valued at $17,389,000 after purchasing an additional 7,006 shares during the last quarter. Cedar Capital LLC purchased a new position in Landmark Infrastructure Partners in the third quarter valued at approximately $2,798,000. Orinda Asset Management LLC lifted its stake in Landmark Infrastructure Partners by 38.9% in the third quarter. Orinda Asset Management LLC now owns 117,800 shares of the financial services provider’s stock valued at $1,997,000 after purchasing an additional 32,987 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in Landmark Infrastructure Partners by 18.4% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 94,930 shares of the financial services provider’s stock valued at $1,609,000 after purchasing an additional 14,758 shares during the last quarter. Finally, Atlantic Trust LLC purchased a new position in Landmark Infrastructure Partners in the third quarter valued at approximately $1,261,000. 28.61% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION NOTICE: “Landmark Infrastructure Partners (LMRK) Upgraded at BidaskClub” was first posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another website, it was copied illegally and reposted in violation of United States and international copyright laws. The correct version of this article can be accessed at https://www.americanbankingnews.com/2017/12/16/landmark-infrastructure-partners-lmrk-upgraded-at-bidaskclub.html.

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.

Receive News & Ratings for Landmark Infrastructure Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Landmark Infrastructure Partners and related companies with MarketBeat.com's FREE daily email newsletter.