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LMRK Landmark Infrastructure Partners

Landmark Infrastructure Partners LP is a special purpose entity of Landmark. The Company acquires, owns and manages a portfolio of real property interests that are leased to companies in the wireless communication, outdoor advertising and renewable power generation industries.

Company profile

Ticker
LMRK, LMRKN
Exchange
CEO
Arthur Brazy
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Subsidiaries
2019-1 Co-Guarantor LLC • 2019-1 TRS LLC • Beam Sign Pty Ltd • Big Bertha Pty Ltd • BF – LMRK JV LLC • Landmark Acquisitions ULC • Landmark Canada Holding Company Ltd. • Landmark Infrastructure Asset OpCo II LLC • Landmark Infrastructure Asset OpCo LLC • Landmark Infrastructure Energy Canada Inc. ...

LMRK stock data

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Calendar

4 Aug 21
17 Oct 21
31 Dec 21
Quarter (USD)
Jun 21 Mar 21 Dec 20 Sep 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
12 Oct 21 Landmark Dividend COMMON UNITS (LIMITED PARTNER INTERESTS) Buy Acquire P Yes No 16.4825 695,091 11.46M 5,066,408
11 Oct 21 Landmark Dividend COMMON UNITS (LIMITED PARTNER INTERESTS) Buy Acquire P Yes No 16.423 452,158 7.43M 4,371,317
8 Oct 21 Landmark Dividend COMMON UNITS (LIMITED PARTNER INTERESTS) Buy Acquire P Yes No 16.4997 176,360 2.91M 3,919,159
7 Oct 21 Landmark Dividend COMMON UNITS (LIMITED PARTNER INTERESTS) Buy Acquire P Yes No 16.4931 224,230 3.7M 3,742,799
15 Sep 21 Landmark Dividend COMMON UNITS (LIMITED PARTNER INTERESTS) Buy Acquire P Yes No 16.497 1,350 22.27K 3,518,569
14 Sep 21 Landmark Dividend COMMON UNITS (LIMITED PARTNER INTERESTS) Buy Acquire P Yes No 16.4586 4,511 74.24K 3,517,219
13 Sep 21 Landmark Dividend COMMON UNITS (LIMITED PARTNER INTERESTS) Buy Acquire P Yes No 16.4669 152,400 2.51M 3,512,708
2 Jun 21 AIM Universal Common Units (Limited Partner Interests) Other Dispose J Yes No 13.08 3,360,308 43.95M 0

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

48.2% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 63 55 +14.5%
Opened positions 15 2 +650.0%
Closed positions 7 6 +16.7%
Increased positions 12 12
Reduced positions 16 15 +6.7%
13F shares
Current Prev Q Change
Total value 43.56M 251.36M -82.7%
Total shares 12.28M 4.17M +194.7%
Total puts 32.3K 63.9K -49.5%
Total calls 20K 40.9K -51.1%
Total put/call ratio 1.6 1.6 +3.4%
Largest owners
Shares Value Change
Landmark Dividend 3.42M $0 NEW
DBRG DigitalBridge 3.36M $0 NEW
Verde Investments 2.09M $0 NEW
BCS Barclays 313.76K $4M NEW
Schroder Investment Management 308.22K $3.93M +131.7%
MS Morgan Stanley 297.92K $3.8M +24.0%
Raymond James & Associates 231.65K $2.95M -7.7%
Odey Asset Management 225.34K $2.87M NEW
Brown Advisory 189.8K $2.42M -48.3%
Bard Associates 168.14K $2.14M +200.1%
Largest transactions
Shares Bought/sold Change
Landmark Dividend 3.42M +3.42M NEW
DBRG DigitalBridge 3.36M +3.36M NEW
Verde Investments 2.09M +2.09M NEW
Telemus Capital 10K -781.02K -98.7%
HighTower Advisors 61.02K -322.31K -84.1%
BCS Barclays 313.76K +313.76K NEW
Mondrian Investment Partners 78.34K -309.34K -79.8%
Odey Asset Management 225.34K +225.34K NEW
Capital Square 0 -179.13K EXIT
Brown Advisory 189.8K -177.21K -48.3%

Financial report summary

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Management Discussion
  • Our results of operations for all periods presented were affected by asset sales in 2020, and acquisitions made during the year ended December 31, 2020. As of June 30, 2021 and 2020, we had 2,097 and 1,922 available tenant sites with 1,992 and 1,814 leased tenant sites, respectively.
  • Rental revenue increased $3.7 million during the three months ended June 30, 2021 primarily due to the full year of rental revenue in 2021 for assets acquired subsequent to June 30, 2020 and rent escalations. Revenue generated from our wireless communication, digital infrastructure, outdoor advertising and renewable power generation segments was $6.5 million, $4.9 million, $3.8 million and $2.3 million, or 37%, 28%, 22% and 13% of total rental revenue, respectively, during the three months ended June 30, 2021, compared to $6.3 million, $1.6 million, $3.8 million and $2.2 million or 46% , 11% , 27% and 16% of total rental revenue, respectively, during the three months ended June 30, 2020. The occupancy rates in our wireless communication, digital infrastructure, outdoor advertising and renewable power generation segments were 93%, 100%, 97% and 100%, respectively, at June 30, 2021 compared to 92%, 100%, 97% and 100%, respectively, at June 30, 2020. Additionally, our effective monthly rental rates per tenant site for wireless communication, digital infrastructure, outdoor advertising and renewable power generation segments were $2,052, $116,346, $1,954 and $11,074 respectively, during the three months ended June 30, 2021 compared to $1,991, $85,776, $1,799 and $10,259, respectively, during the three months ended June 30, 2020.
  • Property operating expenses increased $0.7 million during the three months ended June 30, 2021 compared to the three months ended June 30, 2020, primarily due to an increase in property taxes and other operating expenses for tenant sites acquired subsequent to June 30, 2021 and operating expenses on development assets placed into service. Substantially all of our tenant sites are subject to triple net or effectively triple net lease arrangements, which require the tenant or the underlying property owner to pay all utilities, property taxes, insurance and repair and maintenance costs. As we deploy our smart enabled infrastructure solution and other projects, we may incur additional operating expenses associated with ground lease payments and other operating expenses.
Content analysis
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Readability
H.S. senior Avg
New words: appointed, Brown, Carbone, Chairman, Colony, consummated, consummation, delegated, DigitalBridge, discretion, domain, Edmond, eminent, LD, Leung, Malik, Matthew, proposal, Proposed, PSA, Sadiq, Sonnenstein, spent, stepped, Steven, unaffiliated, vacated
Removed: classification, conform, finite, GP, lived, prepaid, reclassified, retrospectively, reviewing, revised, timing