Shares of Dynagas LNG Partners LP (NYSE:DLNG) have been given a consensus recommendation of “Hold” by the nine research firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $15.92.

A number of research firms have weighed in on DLNG. Maxim Group set a $20.00 target price on shares of Dynagas LNG Partners and gave the company a “buy” rating in a research report on Thursday, June 8th. Stifel Nicolaus set a $19.00 target price on shares of Dynagas LNG Partners and gave the company a “buy” rating in a research report on Friday, August 25th. Jefferies Group LLC reissued a “buy” rating and set a $19.00 target price on shares of Dynagas LNG Partners in a research report on Tuesday, August 22nd. Zacks Investment Research raised shares of Dynagas LNG Partners from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 8th. Finally, BidaskClub downgraded shares of Dynagas LNG Partners from a “hold” rating to a “sell” rating in a research report on Friday, July 28th.

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Dynagas LNG Partners (DLNG) traded up 0.76% on Friday, reaching $13.30. 115,430 shares of the company traded hands. The firm has a 50 day moving average of $14.17 and a 200-day moving average of $15.47. The stock has a market capitalization of $472.02 million, a PE ratio of 11.47 and a beta of 1.11. Dynagas LNG Partners has a one year low of $12.76 and a one year high of $17.93.

Dynagas LNG Partners (NYSE:DLNG) last released its 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). The firm had revenue of $31.98 million for the quarter, compared to analyst estimates of $33.70 million. Dynagas LNG Partners had a net margin of 26.03% and a return on equity of 19.22%. On average, analysts anticipate that Dynagas LNG Partners will post $0.81 EPS for the current year.

Several institutional investors have recently bought and sold shares of DLNG. Van ECK Associates Corp bought a new position in shares of Dynagas LNG Partners during the 1st quarter worth approximately $4,484,000. Clearbridge Investments LLC boosted its holdings in shares of Dynagas LNG Partners by 16.3% during the 1st quarter. Clearbridge Investments LLC now owns 1,469,530 shares of the shipping company’s stock worth $25,893,000 after buying an additional 205,730 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Dynagas LNG Partners by 68.0% during the 1st 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 in the last quarter. Bank of America Corp DE boosted its holdings in shares of Dynagas LNG Partners by 10.4% during the 1st quarter. Bank of America Corp DE now owns 638,715 shares of the shipping company’s stock worth $11,254,000 after buying an additional 60,224 shares in the last quarter. Finally, Arrow Investment Advisors LLC bought a new position in shares of Dynagas LNG Partners during the 2nd quarter worth approximately $610,000. Hedge funds and other institutional investors own 19.63% of the company’s stock.

Dynagas LNG Partners Company Profile

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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