Dynagas LNG Partners LP (NYSE:DLNG) – Equities researchers at Jefferies Group reduced their Q4 2017 EPS estimates for Dynagas LNG Partners in a research note issued on Wednesday. Jefferies Group analyst R. Giveans now anticipates that the shipping company will earn $0.22 per share for the quarter, down from their previous forecast of $0.30. Jefferies Group currently has a “Buy” rating on the stock. Jefferies Group also issued estimates for Dynagas LNG Partners’ FY2018 earnings at $0.73 EPS.

Several other research firms have also commented on DLNG. Stifel Nicolaus set a $19.00 price target on shares of Dynagas LNG Partners and gave the company a “buy” rating in a research report on Friday, August 25th. Zacks Investment Research lowered shares of Dynagas LNG Partners from a “hold” rating to a “sell” rating in a research report on Friday. ValuEngine raised shares of Dynagas LNG Partners from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Maxim Group set a $18.00 price target on shares of Dynagas LNG Partners and gave the company a “buy” rating in a research report on Wednesday, August 30th. Finally, BidaskClub lowered shares of Dynagas LNG Partners from a “sell” rating to a “strong sell” rating in a research report on Saturday, September 2nd. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. Dynagas LNG Partners has an average rating of “Hold” and a consensus price target of $16.80.

Dynagas LNG Partners (NYSE:DLNG) opened at $11.79 on Monday. Dynagas LNG Partners has a 52-week low of $11.55 and a 52-week high of $17.93. The company has a debt-to-equity ratio of 2.78, a current ratio of 2.95 and a quick ratio of 3.11. The firm has a market capitalization of $418.43, a PE ratio of 11.45 and a beta of 1.08.

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

COPYRIGHT VIOLATION NOTICE: This article was first posted by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another publication, it was stolen and reposted in violation of US and international copyright law. The original version of this article can be viewed at https://www.americanbankingnews.com/2017/12/11/q4-2017-eps-estimates-for-dynagas-lng-partners-lp-dlng-lowered-by-jefferies-group.html.

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).

Receive News & Ratings for Dynagas LNG Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynagas LNG Partners LP and related companies with MarketBeat.com's FREE daily email newsletter.