Searle & CO. acquired a new position in shares of Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 42,300 shares of the financial services provider’s stock, valued at approximately $713,000. Searle & CO. owned 0.17% of Landmark Infrastructure Partners LP Unit as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Avalon Advisors LLC boosted its stake in shares of Landmark Infrastructure Partners LP Unit by 153.0% during the first quarter. Avalon Advisors LLC now owns 120,166 shares of the financial services provider’s stock valued at $2,038,000 after purchasing an additional 72,676 shares during the period. Stifel Financial Corp purchased a new stake in shares of Landmark Infrastructure Partners LP Unit during the fourth quarter valued at $150,000. Quad Cities Investment Group LLC boosted its stake in shares of Landmark Infrastructure Partners LP Unit by 1,076.4% during the first quarter. Quad Cities Investment Group LLC now owns 6,176 shares of the financial services provider’s stock valued at $104,000 after purchasing an additional 5,651 shares during the period. Steward Partners Investment Advisory LLC boosted its stake in shares of Landmark Infrastructure Partners LP Unit by 12.6% during the first quarter. Steward Partners Investment Advisory LLC now owns 27,001 shares of the financial services provider’s stock valued at $457,000 after purchasing an additional 3,028 shares during the period. Finally, Advisor Group Inc. boosted its stake in shares of Landmark Infrastructure Partners LP Unit by 266.7% during the fourth quarter. Advisor Group Inc. now owns 3,300 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 2,400 shares during the period. 10.05% of the stock is owned by institutional investors.

Shares of Landmark Infrastructure Partners LP Unit stock opened at $17.21 on Friday. The company has a market capitalization of $436.07 million, a P/E ratio of 30.19, a PEG ratio of 6.45 and a beta of 0.90. The company has a debt-to-equity ratio of 1.65, a current ratio of 3.14 and a quick ratio of 3.14. The business has a 50-day moving average price of $16.39. Landmark Infrastructure Partners LP Unit has a one year low of $10.32 and a one year high of $17.54.

Landmark Infrastructure Partners LP Unit (NASDAQ:LMRK) last announced its earnings results on Wednesday, May 1st. The financial services provider reported $0.15 EPS for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.02. The business had revenue of $14.39 million during the quarter, compared to the consensus estimate of $15.59 million. Landmark Infrastructure Partners LP Unit had a net margin of 182.88% and a return on equity of 9.42%. On average, equities research analysts predict that Landmark Infrastructure Partners LP Unit will post 0.53 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 14th. Stockholders of record on Friday, August 2nd will be issued a dividend of $0.368 per share. The ex-dividend date is Thursday, August 1st. This represents a $1.47 annualized dividend and a dividend yield of 8.55%. This is an increase from Landmark Infrastructure Partners LP Unit’s previous quarterly dividend of $0.34. Landmark Infrastructure Partners LP Unit’s dividend payout ratio is 257.89%.

A number of equities analysts have commented on LMRK shares. ValuEngine downgraded shares of Xylem from a “buy” rating to a “hold” rating in a report on Tuesday, May 14th. BidaskClub downgraded shares of Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Thursday, July 11th. Finally, Zacks Investment Research downgraded shares of ZEALAND PHARMA/S from a “buy” rating to a “hold” rating in a report on Saturday. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $18.00.

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.

Further Reading: Fundamental Analysis

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

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