Dynagas LNG Partners (NYSE:DLNG) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday.

According to Zacks, “Dynagas LNG Partners LP is focused on owning and operating LNG carriers that are employed on multi-year contracts with international energy companies. Dynagas LNG Partners LP is based in Glyfada, Greece. “

A number of other analysts also recently issued reports on DLNG. Stifel Nicolaus downgraded Dynagas LNG Partners from a “buy” rating to a “hold” rating and cut their price objective for the stock from $17.00 to $11.00 in a research report on Thursday, December 28th. Maxim Group reissued a “buy” rating and set a $15.00 price objective (down from $18.00) on shares of Dynagas LNG Partners in a research report on Thursday, December 14th. ValuEngine raised Dynagas LNG Partners from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Finally, Jefferies Group started coverage on Dynagas LNG Partners in a report on Monday, December 18th. They set a “buy” rating and a $19.00 target price for the company. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $15.00.

Shares of Dynagas LNG Partners (NYSE DLNG) traded down $0.18 during trading hours on Tuesday, hitting $11.48. The company had a trading volume of 198,200 shares, compared to its average volume of 325,649. The company has a quick ratio of 2.95, a current ratio of 2.95 and a debt-to-equity ratio of 2.78. The firm has a market cap of $579.86, a P/E ratio of 14.17 and a beta of 1.07. Dynagas LNG Partners has a 1 year low of $10.66 and a 1 year high of $17.93.

Dynagas LNG Partners (NYSE:DLNG) last issued its quarterly earnings data on Tuesday, December 5th. The shipping company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.02). Dynagas LNG Partners had a return on equity of 15.57% and a net margin of 18.63%. sell-side analysts expect that Dynagas LNG Partners will post 0.78 EPS for the current year.

A number of institutional investors have recently made changes to their positions in DLNG. Ameriprise Financial Inc. boosted its holdings 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 acquiring an additional 7,095 shares during the period. Arrow Investment Advisors LLC purchased a new position in Dynagas LNG Partners during the 2nd quarter valued at about $610,000. California Public Employees Retirement System boosted its holdings 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 acquiring an additional 5,500 shares during the period. Finally, Royal Bank of Canada boosted its holdings 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 acquiring an additional 2,200 shares during the period. Institutional investors own 17.36% of the company’s stock.

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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).

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