Linscomb & Williams Inc. Decreases Holdings in Landmark Infrastructure Partners LP (LMRK)

Linscomb & Williams Inc. lessened its stake in shares of Landmark Infrastructure Partners LP (NASDAQ:LMRK) by 31.5% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 15,245 shares of the financial services provider’s stock after selling 7,000 shares during the quarter. Linscomb & Williams Inc. owned approximately 0.08% of Landmark Infrastructure Partners worth $244,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. US Bancorp DE bought a new stake in shares of Landmark Infrastructure Partners during the second quarter worth $160,000. Goldman Sachs Group Inc. bought a new stake in shares of Landmark Infrastructure Partners during the first quarter worth $165,000. Kayne Anderson Capital Advisors LP bought a new stake in shares of Landmark Infrastructure Partners during the second quarter worth $200,000. Royal Bank of Canada grew its stake in shares of Landmark Infrastructure Partners by 16.4% during the second quarter. Royal Bank of Canada now owns 13,400 shares of the financial services provider’s stock worth $214,000 after buying an additional 1,885 shares during the last quarter. Finally, A. D. Beadell Investment Counsel Inc. grew its stake in shares of Landmark Infrastructure Partners by 27.5% during the second quarter. A. D. Beadell Investment Counsel Inc. now owns 13,900 shares of the financial services provider’s stock worth $222,000 after buying an additional 3,000 shares during the last quarter. 20.60% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of Landmark Infrastructure Partners LP (NASDAQ:LMRK) traded down 0.06% during mid-day trading on Friday, hitting $17.69. 4,675 shares of the company traded hands. The firm’s 50 day moving average price is $16.86 and its 200-day moving average price is $16.26. Landmark Infrastructure Partners LP has a 1-year low of $12.55 and a 1-year high of $18.15. The stock has a market capitalization of $404.82 million, a PE ratio of 33.89 and a beta of 0.43.

Landmark Infrastructure Partners (NASDAQ:LMRK) last issued its earnings results on Thursday, August 3rd. The financial services provider reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.02). The business had revenue of $12.80 million during the quarter, compared to analysts’ expectations of $13.63 million. Landmark Infrastructure Partners had a return on equity of 9.69% and a net margin of 26.38%. On average, equities research analysts forecast that Landmark Infrastructure Partners LP will post $0.34 EPS for the current year.

A number of analysts have weighed in on LMRK shares. Zacks Investment Research raised shares of Landmark Infrastructure Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. BidaskClub raised shares of Landmark Infrastructure Partners from a “hold” rating to a “buy” rating in a research note on Tuesday, July 25th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $19.00 target price on shares of Landmark Infrastructure Partners in a research note on Wednesday, August 9th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Landmark Infrastructure Partners has a consensus rating of “Hold” and an average target price of $18.50.

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.

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

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