ValuEngine upgraded shares of Dynagas LNG Partners (NYSE:DLNG) from a hold rating to a buy rating in a research note released on Friday.

Other research analysts also recently issued research reports about the company. Jefferies Group restated a buy rating on shares of Dynagas LNG Partners in a research note on Tuesday, October 31st. Stifel Nicolaus restated a buy rating and issued a $19.00 target price on shares of Dynagas LNG Partners in a research note on Sunday, October 1st. Maxim Group restated a buy rating and issued a $18.00 target price on shares of Dynagas LNG Partners in a research note on Tuesday, September 5th. Zacks Investment Research upgraded Dynagas LNG Partners from a strong sell rating to a hold rating in a research note on Tuesday, August 8th. Finally, BidaskClub downgraded Dynagas LNG Partners from a sell rating to a strong sell rating in a research note on Saturday, September 2nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of $17.20.

Shares of Dynagas LNG Partners (DLNG) traded down $0.13 during mid-day trading on Friday, hitting $13.26. The stock had a trading volume of 119,353 shares, compared to its average volume of 103,391. Dynagas LNG Partners has a twelve month low of $12.21 and a twelve month high of $17.93. The company has a quick ratio of 3.11, a current ratio of 3.11 and a debt-to-equity ratio of 2.65. The stock has a market capitalization of $475.68, a P/E ratio of 9.77 and a beta of 1.08.

Dynagas LNG Partners (NYSE:DLNG) last issued its quarterly earnings results on Tuesday, September 5th. The shipping company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.10). Dynagas LNG Partners had a net margin of 26.03% and a return on equity of 19.22%. The business had revenue of $31.98 million for the quarter, compared to analysts’ expectations of $33.70 million. analysts anticipate that Dynagas LNG Partners will post 0.78 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Renaissance Technologies LLC lifted its position in shares of Dynagas LNG Partners by 68.0% in the first quarter. Renaissance Technologies LLC now owns 270,126 shares of the shipping company’s stock worth $4,760,000 after buying an additional 109,302 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Dynagas LNG Partners by 86.0% in the first quarter. Goldman Sachs Group Inc. now owns 31,099 shares of the shipping company’s stock worth $548,000 after buying an additional 14,378 shares during the last quarter. Proficio Capital Partners LLC lifted its position in shares of Dynagas LNG Partners by 48.5% in the second quarter. Proficio Capital Partners LLC now owns 73,050 shares of the shipping company’s stock worth $1,075,000 after buying an additional 23,850 shares during the last quarter. Marshall Wace North America L.P. acquired a new stake in shares of Dynagas LNG Partners in the second quarter worth about $238,000. Finally, Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Dynagas LNG Partners in the second quarter worth about $367,000. Hedge funds and other institutional investors own 17.36% of the company’s stock.

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About Dynagas LNG Partners

Dynagas LNG Partners LP is a limited partnership, which focuses on owning and operating liquid natural gas (LNG) carriers. The Company’s vessels are employed on multi-year time charters with international energy companies. As of December 31, 2016, the Company owned and operated a fleet of six LNG carriers, consisting of the three LNG carriers in its Initial Fleet, the Clean Energy, the Ob River and the Amur River, and three 2013-built Ice Class LNG carriers that the Company acquired from its Sponsor the Arctic Aurora, the Yenisei River, and the Lena River (collectively referred as its Fleet).

Analyst Recommendations for Dynagas LNG Partners (NYSE:DLNG)

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