Dynagas LNG Partners (NYSE:DLNG) Raised to Hold at Wall Street Zen

Dynagas LNG Partners (NYSE:DLNGGet Free Report) was upgraded by analysts at Wall Street Zen to a “hold” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings raised Dynagas LNG Partners from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 2nd. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Dynagas LNG Partners currently has an average rating of “Buy”.

Check Out Our Latest Research Report on DLNG

Dynagas LNG Partners Stock Up 2.8%

NYSE:DLNG opened at $3.95 on Friday. The company’s 50-day simple moving average is $3.84 and its 200-day simple moving average is $3.70. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.02 and a current ratio of 1.02. Dynagas LNG Partners has a fifty-two week low of $3.18 and a fifty-two week high of $4.40. The stock has a market capitalization of $145.13 million, a P/E ratio of 3.08 and a beta of 0.74.

Dynagas LNG Partners (NYSE:DLNGGet Free Report) last posted its quarterly earnings data on Thursday, November 20th. The shipping company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.31 by $0.05. The firm had revenue of $37.04 million during the quarter, compared to analyst estimates of $37.78 million. Dynagas LNG Partners had a net margin of 37.92% and a return on equity of 15.62%. On average, equities analysts anticipate that Dynagas LNG Partners will post 1.08 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in DLNG. Diversified Enterprises LLC acquired a new position in Dynagas LNG Partners in the 4th quarter worth approximately $81,000. Susquehanna International Group LLP lifted its stake in Dynagas LNG Partners by 430.1% during the 3rd quarter. Susquehanna International Group LLP now owns 146,196 shares of the shipping company’s stock valued at $513,000 after acquiring an additional 118,616 shares during the period. Baader Bank Aktiengesellschaft purchased a new stake in shares of Dynagas LNG Partners in the 3rd quarter valued at $36,000. Geneos Wealth Management Inc. increased its stake in shares of Dynagas LNG Partners by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 43,036 shares of the shipping company’s stock worth $151,000 after acquiring an additional 21,518 shares during the period. Finally, TD Waterhouse Canada Inc. purchased a new position in shares of Dynagas LNG Partners during the second quarter worth $36,000.

About Dynagas LNG Partners

(Get Free Report)

Dynagas LNG Partners LP is a publicly traded limited partnership focused on the ownership and operation of liquefied natural gas (LNG) carriers. The partnership provides seaborne transportation services under long-term, fixed-rate charters, catering primarily to major energy companies and utility providers. Its vessels are designed to carry LNG at cryogenic temperatures, enabling large-scale cargo movements between exporting and importing regions worldwide.

The fleet comprises modern membrane-type LNG carriers built to high engineering and environmental standards.

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