Dynagas LNG Partners LP (NYSE:DLNG) was downgraded by equities research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Saturday.

Several other equities analysts have also recently commented on DLNG. Maxim Group set a $20.00 target price on Dynagas LNG Partners and gave the company a “buy” rating in a research note on Monday, May 22nd. Zacks Investment Research upgraded Dynagas LNG Partners from a “sell” rating to a “hold” rating in a research note on Tuesday, June 6th. Jefferies Group LLC reiterated a “buy” rating and set a $19.00 target price on shares of Dynagas LNG Partners in a research note on Monday, June 12th. Morgan Stanley dropped their price target on Dynagas LNG Partners to $13.00 and set an “equal weight” rating on the stock in a research report on Tuesday, June 13th. Finally, Stifel Nicolaus upped their price target on Dynagas LNG Partners from $18.00 to $19.00 and gave the company a “buy” rating in a research report on Tuesday, July 4th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $15.92.

Dynagas LNG Partners (DLNG) opened at 14.30 on Friday. Dynagas LNG Partners has a one year low of $12.76 and a one year high of $17.93. The stock has a 50 day moving average of $14.59 and a 200-day moving average of $15.65. The firm has a market capitalization of $508.01 million, a PE ratio of 9.09 and a beta of 1.11.

Dynagas LNG Partners (NYSE:DLNG) last released its earnings results on Thursday, June 8th. The shipping company reported $0.37 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.03. The company had revenue of $39.09 million during the quarter, compared to analysts’ expectations of $40.38 million. Dynagas LNG Partners had a return on equity of 23.74% and a net margin of 37.68%. On average, equities analysts predict that Dynagas LNG Partners will post $1.00 EPS for the current year.

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Several large investors have recently bought and sold shares of the stock. Van ECK Associates Corp bought a new stake in shares of Dynagas LNG Partners during the first quarter valued at $4,484,000. Clearbridge Investments LLC raised its stake in shares of Dynagas LNG Partners by 16.3% in the first quarter. Clearbridge Investments LLC now owns 1,469,530 shares of the shipping company’s stock valued at $25,893,000 after buying an additional 205,730 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Dynagas LNG Partners by 68.0% in the first 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 in the last quarter. Bank of America Corp DE raised its stake in shares of Dynagas LNG Partners by 10.4% in the first quarter. Bank of America Corp DE now owns 638,715 shares of the shipping company’s stock valued at $11,254,000 after buying an additional 60,224 shares in the last quarter. Finally, Arrow Investment Advisors LLC bought a new stake in shares of Dynagas LNG Partners during the second quarter valued at $610,000. 19.63% of the stock is currently owned by institutional investors and hedge funds.

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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