Shares of Dynagas LNG Partners LP (NYSE:DLNG) have received an average rating of “Hold” from the eight ratings firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $16.75.

A number of research analysts have recently weighed in on the company. Zacks Investment Research cut Dynagas LNG Partners from a “hold” rating to a “sell” rating in a research report on Tuesday. Jefferies Group LLC reaffirmed a “buy” rating on shares of Dynagas LNG Partners in a research report on Tuesday, October 31st. Stifel Nicolaus reissued a “buy” rating and issued a $19.00 price target on shares of Dynagas LNG Partners in a report on Sunday, October 1st. Maxim Group reissued a “buy” rating and issued a $18.00 price target on shares of Dynagas LNG Partners in a report on Tuesday, September 5th. Finally, BidaskClub cut Dynagas LNG Partners from a “sell” rating to a “strong sell” rating in a report on Saturday, September 2nd.

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A number of large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada increased its stake 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 during the last quarter. California Public Employees Retirement System increased its stake 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 during the last quarter. Ameriprise Financial Inc. increased its stake 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 during the last quarter. Arrow Investment Advisors LLC increased its stake 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 during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake 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 during the last quarter. 19.63% of the stock is currently owned by institutional investors and hedge funds.

Dynagas LNG Partners (NYSE DLNG) traded up $0.04 during trading on Monday, hitting $13.23. The company’s stock had a trading volume of 47,000 shares, compared to its average volume of 154,127. The company has a market cap of $468.58, a P/E ratio of 9.63 and a beta of 1.08. Dynagas LNG Partners has a 1-year low of $12.21 and a 1-year high of $17.93. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 2.65.

Dynagas LNG Partners (NYSE:DLNG) last released its quarterly earnings results on Tuesday, September 5th. The shipping company reported $0.07 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.10). The firm had revenue of $31.98 million for the quarter, compared to the consensus estimate of $33.70 million. Dynagas LNG Partners had a net margin of 26.03% and a return on equity of 19.22%. equities research analysts forecast that Dynagas LNG Partners will post 0.78 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 19th. Shareholders of record on Thursday, October 12th were paid a $0.4225 dividend. This represents a $1.69 dividend on an annualized basis and a yield of 12.77%. The ex-dividend date was Wednesday, October 11th. Dynagas LNG Partners’s payout ratio is 176.04%.

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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