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

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

Separately, Weiss Ratings downgraded Dynagas LNG Partners from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, July 9th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

Dynagas LNG Partners Stock Down 0.1%

Shares of DLNG opened at $3.71 on Friday. The firm has a market cap of $134.97 million, a PE ratio of 2.21 and a beta of 0.54. The company’s fifty day moving average is $3.73 and its two-hundred day moving average is $3.83. Dynagas LNG Partners has a fifty-two week low of $3.27 and a fifty-two week high of $4.45. The company has a quick ratio of 0.86, a current ratio of 0.88 and a debt-to-equity ratio of 0.64.

Dynagas LNG Partners (NYSE:DLNG) last announced its quarterly earnings data on Monday, September 7th. The shipping company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.11. The company had revenue of $41.19 million during the quarter, compared to analysts’ expectations of $36.31 million. Dynagas LNG Partners had a net margin of 42.33% and a return on equity of 13.05%.

Institutional Investors Weigh In On Dynagas LNG Partners

Several institutional investors have recently bought and sold shares of DLNG. Coppell Advisory Solutions LLC acquired a new position in shares of Dynagas LNG Partners during the second quarter worth about $35,000. Sei Investments Co. grew its stake in shares of Dynagas LNG Partners by 307.3% in the first quarter. Sei Investments Co. now owns 56,071 shares of the shipping company’s stock valued at $240,000 after buying an additional 42,306 shares in the last quarter. Finally, IMC Chicago LLC purchased a new stake in shares of Dynagas LNG Partners during the 1st quarter valued at about $51,000.

About Dynagas LNG Partners

Dynagas LNG Partners LP is a maritime transportation company focused on owning and operating liquefied natural gas (LNG) carriers. The company’s vessels transport LNG for energy producers, utilities and other customers under primarily long-term charter arrangements, providing seaborne transportation between LNG production and consumption markets.

The partnership has been associated with a fleet of modern LNG carriers, including ice-class vessels designed to operate in challenging Arctic and sub-Arctic conditions.