15,130 Shares in Dynagas LNG Partners LP (NYSE:DLNG) Bought by Apollon Wealth Management LLC

Apollon Wealth Management LLC purchased a new stake in shares of Dynagas LNG Partners LP (NYSE:DLNGFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 15,130 shares of the shipping company’s stock, valued at approximately $42,000.

Dynagas LNG Partners Stock Performance

Dynagas LNG Partners stock opened at $4.00 on Thursday. Dynagas LNG Partners LP has a 12-month low of $2.27 and a 12-month high of $4.24. The firm’s fifty day moving average is $3.24 and its 200 day moving average is $2.95.

Dynagas LNG Partners (NYSE:DLNGGet Free Report) last announced its quarterly earnings data on Thursday, March 28th. The shipping company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.10). The company had revenue of $36.95 million for the quarter, compared to analyst estimates of $38.21 million. Dynagas LNG Partners had a net margin of 22.35% and a return on equity of 8.22%. As a group, equities research analysts predict that Dynagas LNG Partners LP will post 1.22 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Dynagas LNG Partners from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 4th.

Get Our Latest Stock Report on DLNG

About Dynagas LNG Partners

(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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Institutional Ownership by Quarter for Dynagas LNG Partners (NYSE:DLNG)

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