Brown Advisory Inc. Lowers Holdings in Landmark Infrastructure Partners LP Unit (LMRK)

Brown Advisory Inc. decreased its stake in Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) by 7.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 464,196 shares of the financial services provider’s stock after selling 38,556 shares during the period. Brown Advisory Inc. owned 1.84% of Landmark Infrastructure Partners LP Unit worth $5,352,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in LMRK. Stifel Financial Corp bought a new stake in Landmark Infrastructure Partners LP Unit in the 4th quarter valued at $150,000. Advisor Group Inc. lifted its position in 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 worth $38,000 after buying an additional 2,400 shares in the last quarter. Cambridge Investment Research Advisors Inc. bought a new stake in Landmark Infrastructure Partners LP Unit during the 4th quarter worth about $173,000. Virtu Financial LLC bought a new stake in Landmark Infrastructure Partners LP Unit during the 4th quarter worth about $254,000. Finally, Sanders Morris Harris LLC lifted its position in Landmark Infrastructure Partners LP Unit by 8.1% during the 4th quarter. Sanders Morris Harris LLC now owns 21,460 shares of the financial services provider’s stock worth $247,000 after buying an additional 1,600 shares in the last quarter. 18.01% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ:LMRK opened at $14.97 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 1.57. Landmark Infrastructure Partners LP Unit has a one year low of $10.32 and a one year high of $17.30. The stock has a market cap of $379.31 million, a price-to-earnings ratio of 26.26, a price-to-earnings-growth ratio of 5.23 and a beta of 0.82.

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) last issued its quarterly earnings results on Wednesday, February 20th. The financial services provider reported ($0.21) EPS for the quarter, missing the consensus estimate of $0.12 by ($0.33). The business had revenue of $14.71 million for the quarter, compared to the consensus estimate of $16.60 million. Landmark Infrastructure Partners LP Unit had a return on equity of 10.01% and a net margin of 178.49%. As a group, equities analysts forecast that Landmark Infrastructure Partners LP Unit will post 0.54 EPS for the current fiscal year.

Several brokerages have commented on LMRK. BidaskClub cut shares of Landmark Infrastructure Partners LP Unit from a “hold” rating to a “sell” rating in a research report on Monday, February 25th. Zacks Investment Research raised shares of Landmark Infrastructure Partners LP Unit from a “sell” rating to a “hold” rating in a research report on Thursday, February 21st. Finally, Royal Bank of Canada set a $17.00 price target on shares of Landmark Infrastructure Partners LP Unit and gave the stock a “buy” rating in a research report on Monday, November 26th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $18.00.

In other news, insider Arthur P. Brazy, Jr. bought 2,550 shares of the company’s stock in a transaction dated Friday, December 21st. The shares were bought at an average cost of $11.69 per share, with a total value of $29,809.50. Following the acquisition, the insider now owns 160,502 shares in the company, valued at $1,876,268.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gerald A. Tywoniuk sold 1,913 shares of the company’s stock in a transaction dated Friday, February 22nd. The shares were sold at an average price of $14.50, for a total transaction of $27,738.50. Following the completion of the sale, the director now directly owns 3,271 shares in the company, valued at $47,429.50. The disclosure for this sale can be found here. 0.65% of the stock is currently owned by corporate insiders.

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Landmark Infrastructure Partners LP Unit Profile

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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Institutional Ownership by Quarter for Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK)

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