Dynagas LNG Partners (NYSE:DLNG) Upgraded by Wall Street Zen to Hold Rating

Dynagas LNG Partners (NYSE:DLNG) was upgraded by research analysts at Wall Street Zen to a “hold” rating in a report issued on Saturday.

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

Dynagas LNG Partners Trading Up 2.8%

NYSE:DLNG opened at $3.95 on Friday. Dynagas LNG Partners has a 12 month low of $3.18 and a 12 month high of $4.40. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.74. The firm’s 50 day moving average is $3.84 and its 200 day moving average is $3.70. The stock has a market capitalization of $145.13 million, a PE ratio of 3.08 and a beta of 0.74.

Dynagas LNG Partners (NYSE:DLNG) last announced its quarterly earnings data on Thursday, November 20th. The shipping company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.05. The business had revenue of $37.04 million for the quarter, compared to analysts’ expectations of $37.78 million. Dynagas LNG Partners had a return on equity of 15.62% and a net margin of 37.92%. Sell-side analysts expect that Dynagas LNG Partners will post 1.08 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Acadian Asset Management LLC increased its holdings in Dynagas LNG Partners by 548.8% during the first quarter. Acadian Asset Management LLC now owns 184,310 shares of the shipping company’s stock valued at $692,000 after buying an additional 155,902 shares during the period. Susquehanna International Group LLP boosted its position 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 in the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Dynagas LNG Partners by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 43,036 shares of the shipping company’s stock valued at $151,000 after acquiring an additional 21,518 shares during the period. Diversified Enterprises LLC purchased a new position in shares of Dynagas LNG Partners in the 4th quarter valued at $81,000. Finally, Baader Bank Aktiengesellschaft bought a new position in shares of Dynagas LNG Partners in the 3rd quarter worth $36,000.

Dynagas LNG Partners Company Profile

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.