Dynagas LNG Partners (DLNG) to Release Earnings on Thursday

Dynagas LNG Partners (NYSE:DLNGGet Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, March 28th. Analysts expect Dynagas LNG Partners to post earnings of $0.30 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Dynagas LNG Partners Stock Up 1.1 %

Dynagas LNG Partners stock opened at $2.81 on Tuesday. The company’s 50-day moving average price is $2.88 and its two-hundred day moving average price is $2.75. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 1.37. The stock has a market cap of $103.52 million, a price-to-earnings ratio of 4.07 and a beta of 1.56. Dynagas LNG Partners has a 52 week low of $2.27 and a 52 week high of $3.19.

Institutional Trading of Dynagas LNG Partners

Institutional investors and hedge funds have recently modified their holdings of the company. Citigroup Inc. bought a new stake in Dynagas LNG Partners in the first quarter valued at about $34,000. UBS Group AG raised its holdings in shares of Dynagas LNG Partners by 60.3% in the 1st quarter. UBS Group AG now owns 43,594 shares of the shipping company’s stock worth $175,000 after buying an additional 16,400 shares in the last quarter. BNP Paribas Arbitrage SA acquired a new position in shares of Dynagas LNG Partners in the 1st quarter worth approximately $159,000. Cubist Systematic Strategies LLC bought a new position in shares of Dynagas LNG Partners during the 2nd quarter worth approximately $35,000. Finally, Jane Street Group LLC acquired a new stake in Dynagas LNG Partners in the 4th quarter valued at $64,000. 7.57% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. StockNews.com began coverage on shares of Dynagas LNG Partners in a research report on Monday. They issued a “strong-buy” rating on the stock. TheStreet downgraded shares of Dynagas LNG Partners from a “c” rating to a “d+” rating in a research note on Friday, December 8th.

View Our Latest Stock Analysis on DLNG

About Dynagas LNG Partners

(Get Free Report)

Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry worldwide. The company owns and operates liquefied natural gas (LNG) carriers. Its fleet consisted of six LNG carriers with an aggregate carrying capacity of approximately 914,100 cubic meters. Dynagas GP LLC serves as the general partner of Dynagas LNG Partners LP.

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Earnings History for Dynagas LNG Partners (NYSE:DLNG)

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