Dynagas LNG Partners (NYSE:DLNG) Upgraded at StockNews.com

Dynagas LNG Partners (NYSE:DLNG) was upgraded by equities research analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research report issued on Wednesday.

Dynagas LNG Partners Stock Performance

Shares of DLNG stock opened at $4.36 on Wednesday. The company has a 50 day moving average price of $4.94 and a 200-day moving average price of $4.28. Dynagas LNG Partners has a 52 week low of $2.27 and a 52 week high of $5.65. The firm has a market capitalization of $160.45 million, a PE ratio of 4.54 and a beta of 1.36. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.95.

Dynagas LNG Partners (NYSE:DLNG) last announced its quarterly earnings results on Friday, November 22nd. The shipping company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.02. Dynagas LNG Partners had a net margin of 31.63% and a return on equity of 14.73%. As a group, equities research analysts expect that Dynagas LNG Partners will post 1.08 earnings per share for the current year.

Institutional Investors Weigh In On Dynagas LNG Partners

Hedge funds have recently bought and sold shares of the business. Sei Investments Co. purchased a new stake in Dynagas LNG Partners during the fourth quarter valued at $75,000. Apollon Wealth Management LLC raised its stake in Dynagas LNG Partners by 17.5% during the third quarter. Apollon Wealth Management LLC now owns 17,780 shares of the shipping company’s stock valued at $67,000 after purchasing an additional 2,650 shares in the last quarter. NewEdge Advisors LLC raised its stake in Dynagas LNG Partners by 36.2% during the fourth quarter. NewEdge Advisors LLC now owns 18,390 shares of the shipping company’s stock valued at $100,000 after purchasing an additional 4,884 shares in the last quarter. Stifel Financial Corp raised its stake in Dynagas LNG Partners by 158.8% during the third quarter. Stifel Financial Corp now owns 38,300 shares of the shipping company’s stock valued at $145,000 after purchasing an additional 23,500 shares in the last quarter. Finally, FMR LLC raised its stake in Dynagas LNG Partners by 26.1% during the third quarter. FMR LLC now owns 1,280,800 shares of the shipping company’s stock valued at $4,854,000 after purchasing an additional 265,337 shares in the last quarter.

Dynagas LNG Partners Company Profile

Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry in Greece and internationally. The company owns and operates liquefied natural gas (LNG) carriers. Its fleet consists of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters.