Dynagas LNG Partners (NYSE:DLNG)‘s stock had its “buy” rating reiterated by equities researchers at Stifel Nicolaus in a research note issued to investors on Wednesday. They currently have a $17.00 price objective on the shipping company’s stock. Stifel Nicolaus’ target price would indicate a potential upside of 32.71% from the company’s previous close.

Other research analysts also recently issued research reports about the company. Zacks Investment Research raised Dynagas LNG Partners from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 8th. ValuEngine raised Dynagas LNG Partners from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Maxim Group reaffirmed a “buy” rating and issued a $18.00 price objective on shares of Dynagas LNG Partners in a research note on Tuesday, September 5th. Jefferies Group reaffirmed a “buy” rating on shares of Dynagas LNG Partners in a research note on Tuesday, October 31st. Finally, BidaskClub downgraded Dynagas LNG Partners from a “sell” rating to a “strong sell” rating in a research note on Saturday, September 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. Dynagas LNG Partners has an average rating of “Hold” and a consensus target price of $16.80.

Dynagas LNG Partners (NYSE DLNG) traded down $0.59 during trading on Wednesday, hitting $12.81. The stock had a trading volume of 268,473 shares, compared to its average volume of 152,937. Dynagas LNG Partners has a one year low of $12.21 and a one year high of $17.93. The company has a debt-to-equity ratio of 2.65, a current ratio of 3.11 and a quick ratio of 3.11. The firm has a market capitalization of $482.79, a P/E ratio of 9.92 and a beta of 1.08.

Dynagas LNG Partners (NYSE:DLNG) last released its quarterly earnings data on Tuesday, September 5th. The shipping company reported $0.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate 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 firm had revenue of $31.98 million during the quarter, compared to analyst estimates of $33.70 million. equities research analysts predict that Dynagas LNG Partners will post 0.78 EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada increased its position in Dynagas LNG Partners by 45.4% during the 2nd quarter. Royal Bank of Canada now owns 7,043 shares of the shipping company’s stock valued at $107,000 after purchasing an additional 2,200 shares during the period. California Public Employees Retirement System increased its position in Dynagas LNG Partners by 2.2% during the 2nd quarter. California Public Employees Retirement System now owns 254,900 shares of the shipping company’s stock valued at $3,897,000 after purchasing an additional 5,500 shares during the period. Ameriprise Financial Inc. increased its position in Dynagas LNG Partners by 20.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 42,088 shares of the shipping company’s stock valued at $644,000 after purchasing an additional 7,095 shares during the period. Arrow Investment Advisors LLC increased its position in Dynagas LNG Partners by 25.5% during the 3rd quarter. Arrow Investment Advisors LLC now owns 50,039 shares of the shipping company’s stock valued at $698,000 after purchasing an additional 10,171 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in Dynagas LNG Partners by 86.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 31,099 shares of the shipping company’s stock valued at $548,000 after purchasing an additional 14,378 shares during the period. 17.36% of the stock is owned by institutional investors and hedge funds.

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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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