Dynagas LNG Partners (NYSE:DLNG) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Dynagas LNG Partners LP (NYSE:DLNG) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $3.91 and traded as high as $4.28. Dynagas LNG Partners shares last traded at $4.1840, with a volume of 165,088 shares trading hands.

Analysts Set New Price Targets

Several research firms have recently issued reports on DLNG. Weiss Ratings upgraded Dynagas LNG Partners from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 2nd. Wall Street Zen raised Dynagas LNG Partners to a “hold” rating in a research note on Saturday, February 14th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Dynagas LNG Partners Stock Down 4.1%

The stock has a market cap of $147.16 million, a P/E ratio of 3.13 and a beta of 0.72. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.74. The firm’s fifty day moving average is $3.93 and its 200 day moving average is $3.76.

Dynagas LNG Partners Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend was Monday, February 23rd. Dynagas LNG Partners’s dividend payout ratio (DPR) is currently 15.63%.

Hedge Funds Weigh In On Dynagas LNG Partners

Large investors have recently made changes to their positions in the business. TD Waterhouse Canada Inc. acquired a new stake in Dynagas LNG Partners in the 2nd quarter valued at approximately $36,000. Baader Bank Aktiengesellschaft acquired a new position in shares of Dynagas LNG Partners during the third quarter worth approximately $36,000. XTX Topco Ltd bought a new stake in shares of Dynagas LNG Partners in the fourth quarter valued at approximately $57,000. Diversified Enterprises LLC bought a new stake in shares of Dynagas LNG Partners in the fourth quarter valued at approximately $81,000. Finally, Geneos Wealth Management Inc. grew its stake in shares of Dynagas LNG Partners by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 43,036 shares of the shipping company’s stock worth $151,000 after acquiring an additional 21,518 shares during the last quarter.

About Dynagas LNG Partners

Dynagas LNG Partners LP is a publicly traded limited partnership focused on the ownership and operation of liquefied natural gas (LNG) carriers. The partnership provides seaborne transportation services under long-term, fixed-rate charters, catering primarily to major energy companies and utility providers. Its vessels are designed to carry LNG at cryogenic temperatures, enabling large-scale cargo movements between exporting and importing regions worldwide.

The fleet comprises modern membrane-type LNG carriers built to high engineering and environmental standards.