Dynagas LNG Partners (NYSE:DLNG)‘s stock had its “buy” rating reissued by equities researchers at Stifel Nicolaus in a research report issued to clients and investors on Wednesday. They currently have a $17.00 target price on the shipping company’s stock. Stifel Nicolaus’ target price would indicate a potential upside of 32.71% from the company’s previous close.

Several other equities research analysts have also commented on DLNG. Zacks Investment Research raised shares of Dynagas LNG Partners from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 8th. Jefferies Group reissued a “buy” rating and set a $19.00 price objective on shares of Dynagas LNG Partners in a research note on Tuesday, August 22nd. Maxim Group set a $18.00 target price on shares of Dynagas LNG Partners and gave the stock a “buy” rating in a research note on Wednesday, August 30th. BidaskClub downgraded shares of Dynagas LNG Partners from a “sell” rating to a “strong sell” rating in a research note on Saturday, September 2nd. Finally, ValuEngine upgraded shares of Dynagas LNG Partners from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $16.80.

Dynagas LNG Partners (NYSE:DLNG) traded down $0.59 during trading hours on Wednesday, reaching $12.81. 268,473 shares of the company traded hands, compared to its average volume of 152,937. Dynagas LNG Partners has a 1-year low of $12.21 and a 1-year high of $17.93. The company has a debt-to-equity ratio of 2.65, a current ratio of 3.11 and a quick ratio of 3.11. The company has a market capitalization of $482.79, a price-to-earnings ratio of 9.92 and a beta of 1.08.

Dynagas LNG Partners (NYSE:DLNG) last posted its quarterly earnings data on Tuesday, September 5th. The shipping company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.10). Dynagas LNG Partners had a return on equity of 19.22% and a net margin of 26.03%. The business had revenue of $31.98 million for the quarter, compared to the consensus estimate of $33.70 million. analysts anticipate that Dynagas LNG Partners will post 0.78 earnings per share for the current year.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Arrow Investment Advisors LLC lifted its stake in shares of Dynagas LNG Partners by 25.5% in the third quarter. Arrow Investment Advisors LLC now owns 50,039 shares of the shipping company’s stock worth $698,000 after buying an additional 10,171 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of Dynagas LNG Partners by 45.4% in the second quarter. Royal Bank of Canada now owns 7,043 shares of the shipping company’s stock worth $107,000 after buying an additional 2,200 shares in the last quarter. California Public Employees Retirement System lifted its stake in shares of Dynagas LNG Partners by 2.2% in the second quarter. California Public Employees Retirement System now owns 254,900 shares of the shipping company’s stock worth $3,897,000 after buying an additional 5,500 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Dynagas LNG Partners by 20.3% in the second quarter. Ameriprise Financial Inc. now owns 42,088 shares of the shipping company’s stock worth $644,000 after buying an additional 7,095 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. bought a new position in shares of Dynagas LNG Partners in the second quarter worth approximately $367,000. Hedge funds and other institutional investors own 17.36% of the company’s stock.

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About Dynagas LNG Partners

Dynagas LNG Partners LP is a limited partnership, which focuses on owning and operating liquid natural gas (LNG) carriers. The Company’s vessels are employed on multi-year time charters with international energy companies. As of December 31, 2016, the Company owned and operated a fleet of six LNG carriers, consisting of the three LNG carriers in its Initial Fleet, the Clean Energy, the Ob River and the Amur River, and three 2013-built Ice Class LNG carriers that the Company acquired from its Sponsor the Arctic Aurora, the Yenisei River, and the Lena River (collectively referred as its Fleet).

Analyst Recommendations for Dynagas LNG Partners (NYSE:DLNG)

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