Dynagas LNG Partners LP (NYSE:DLNG) Sees Significant Drop in Short Interest

Dynagas LNG Partners LP (NYSE:DLNG) saw a large decline in short interest in April. As of April 15th, there was short interest totaling 65,343 shares, a decline of 16.5% from the March 31st total of 78,251 shares. Based on an average daily trading volume, of 74,835 shares, the short-interest ratio is currently 0.9 days. Currently, 0.2% of the shares of the stock are sold short.

Analysts Set New Price Targets

Several equities research analysts have commented on DLNG shares. Weiss Ratings lowered Dynagas LNG Partners from a “buy (b-)” rating to a “hold (c)” rating in a research note on Monday, April 13th. Wall Street Zen upgraded Dynagas LNG Partners to a “hold” rating in a report on Saturday, February 14th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Dynagas LNG Partners has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Diversified Enterprises LLC acquired a new position in Dynagas LNG Partners in the fourth quarter valued at approximately $81,000. Geneos Wealth Management Inc. lifted its holdings in Dynagas LNG Partners by 100.0% in the second 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 last quarter. Susquehanna International Group LLP lifted its holdings in Dynagas LNG Partners by 430.1% in the third 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 during the last quarter. Acadian Asset Management LLC lifted its holdings in Dynagas LNG Partners by 548.8% in the first quarter. Acadian Asset Management LLC now owns 184,310 shares of the shipping company’s stock valued at $692,000 after acquiring an additional 155,902 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in Dynagas LNG Partners in the fourth quarter valued at approximately $100,000.

Dynagas LNG Partners Stock Up 0.5%

Shares of Dynagas LNG Partners stock traded up $0.02 on Friday, hitting $3.91. 57,610 shares of the company were exchanged, compared to its average volume of 66,083. The stock has a market capitalization of $142.39 million, a price-to-earnings ratio of 2.85 and a beta of 0.66. The company has a 50-day moving average price of $4.07 and a 200 day moving average price of $3.86. Dynagas LNG Partners has a 1-year low of $3.31 and a 1-year high of $4.45.

Dynagas LNG Partners (NYSE:DLNG) last issued its earnings results on Friday, March 13th. The shipping company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.08. The business had revenue of $37.84 million for the quarter, compared to analysts’ expectations of $35.68 million. Dynagas LNG Partners had a return on equity of 14.96% and a net margin of 39.36%.

Dynagas LNG Partners Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 5.1%. The ex-dividend date was Monday, February 23rd. Dynagas LNG Partners’s payout ratio is currently 14.60%.

About Dynagas LNG Partners

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.