Dynagas LNG Partners LP (NYSE:DLNG) has been assigned a consensus rating of “Hold” from the seven brokerages that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $16.75.

Several equities research analysts have recently weighed in on DLNG shares. Jefferies Group reiterated a “buy” rating on shares of Dynagas LNG Partners in a research note on Tuesday, October 31st. BidaskClub lowered shares of Dynagas LNG Partners from a “sell” rating to a “strong sell” rating in a report on Saturday, September 2nd. Zacks Investment Research lowered shares of Dynagas LNG Partners from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. Maxim Group reiterated a “buy” rating and issued a $18.00 price target on shares of Dynagas LNG Partners in a report on Tuesday, September 5th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $19.00 price target on shares of Dynagas LNG Partners in a report on Sunday, October 1st.

Several institutional investors and hedge funds have recently made changes to their positions in DLNG. Renaissance Technologies LLC grew its position 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 valued at $4,760,000 after buying an additional 109,302 shares during the last quarter. California Public Employees Retirement System lifted its stake in Dynagas LNG Partners by 2.2% in 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 in the last quarter. Proficio Capital Partners LLC lifted its stake in 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 valued at $1,075,000 after buying an additional 23,850 shares in the last quarter. Arrow Investment Advisors LLC lifted its stake in Dynagas LNG Partners by 25.5% in the third quarter. Arrow Investment Advisors LLC now owns 50,039 shares of the shipping company’s stock valued at $698,000 after buying an additional 10,171 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in Dynagas LNG Partners by 20.3% in 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 in the last quarter. Institutional investors own 17.36% of the company’s stock.

Dynagas LNG Partners (NYSE:DLNG) traded down $0.13 during trading hours on Friday, reaching $13.26. The company’s stock had a trading volume of 119,353 shares, compared to its average volume of 151,406. The company has a quick ratio of 3.11, a current ratio of 3.11 and a debt-to-equity ratio of 2.65. Dynagas LNG Partners has a one year low of $12.21 and a one year high of $17.93. The firm has a market capitalization of $470.60, a PE ratio of 9.80 and a beta of 1.08.

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

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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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