Dynagas LNG Partners LP (NYSE:DLNG)‘s stock had its “buy” rating reissued by equities research analysts at Jefferies Group LLC in a report issued on Tuesday.

Other equities research analysts have also issued reports about the company. Zacks Investment Research upgraded Dynagas LNG Partners from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 8th. BidaskClub lowered Dynagas LNG Partners from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Stifel Nicolaus reiterated a “buy” rating and issued a $19.00 price objective on shares of Dynagas LNG Partners in a research report on Sunday, October 1st. Finally, Maxim Group reiterated a “buy” rating and issued a $18.00 price objective on shares of Dynagas LNG Partners in a research report on Tuesday, September 5th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $17.20.

Shares of Dynagas LNG Partners (NYSE DLNG) traded up 0.15% during trading on Tuesday, reaching $13.09. The company’s stock had a trading volume of 91,183 shares. Dynagas LNG Partners has a 52-week low of $12.76 and a 52-week high of $17.93. The stock has a market cap of $465.02 million, a price-to-earnings ratio of 13.78 and a beta of 1.10. The stock’s 50 day moving average price is $13.56 and its 200-day moving average price is $14.69.

Dynagas LNG Partners (NYSE:DLNG) last issued its quarterly earnings data on Tuesday, September 5th. The shipping company reported $0.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.10). The business had revenue of $31.98 million during the quarter, compared to the consensus estimate of $33.70 million. Dynagas LNG Partners had a return on equity of 19.22% and a net margin of 26.03%. Equities analysts anticipate that Dynagas LNG Partners will post $0.81 EPS for the current year.

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A number of large investors have recently made changes to their positions in the business. Royal Bank of Canada raised its stake in Dynagas LNG Partners by 45.4% during the second quarter. Royal Bank of Canada now owns 7,043 shares of the shipping company’s stock valued at $107,000 after buying an additional 2,200 shares during the last quarter. California Public Employees Retirement System raised its stake in Dynagas LNG Partners by 2.2% during the second quarter. California Public Employees Retirement System now owns 254,900 shares of the shipping company’s stock valued at $3,897,000 after buying an additional 5,500 shares during the last quarter. Arrow Investment Advisors LLC purchased a new position in Dynagas LNG Partners during the second quarter valued at $610,000. Ameriprise Financial Inc. raised its stake in Dynagas LNG Partners by 20.3% during the second quarter. Ameriprise Financial Inc. now owns 42,088 shares of the shipping company’s stock valued at $644,000 after buying an additional 7,095 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. purchased a new position in Dynagas LNG Partners during the second quarter valued at $367,000. Institutional investors and hedge funds own 19.62% of the company’s stock.

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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