DLNG has been the topic of several other reports. Zacks Investment Research upgraded shares of Dynagas LNG Partners from a sell rating to a hold rating in a report on Monday, November 13th. ValuEngine lowered shares of Dynagas LNG Partners from a buy rating to a hold rating in a research note on Friday, February 2nd. Stifel Nicolaus reiterated a buy rating and set a $17.00 price target on shares of Dynagas LNG Partners in a research note on Wednesday, December 6th. Maxim Group reiterated a buy rating and set a $15.00 price target (down from $18.00) on shares of Dynagas LNG Partners in a research note on Thursday, December 14th. Finally, Morgan Stanley cut their price target on shares of Dynagas LNG Partners from $13.00 to $11.50 and set an equal weight rating on the stock in a research note on Monday, February 12th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. The company currently has an average rating of Hold and an average target price of $14.10.
Shares of Dynagas LNG Partners (NYSE DLNG) opened at $11.04 on Friday. The stock has a market cap of $557.64, a PE ratio of 13.63 and a beta of 1.14. Dynagas LNG Partners has a fifty-two week low of $10.49 and a fifty-two week high of $17.93. The company has a debt-to-equity ratio of 2.78, a current ratio of 2.95 and a quick ratio of 2.95.
A number of large investors have recently modified their holdings of the business. Millennium Management LLC purchased a new stake in Dynagas LNG Partners during the fourth quarter worth about $199,000. Deutsche Bank AG purchased a new stake in Dynagas LNG Partners during the fourth quarter worth about $893,000. Renaissance Technologies LLC purchased a new stake in Dynagas LNG Partners during the fourth quarter worth about $891,000. Koch Industries Inc. purchased a new stake in Dynagas LNG Partners during the fourth quarter worth about $128,000. Finally, Virtu Financial LLC purchased a new stake in Dynagas LNG Partners during the fourth quarter worth about $416,000. Institutional investors own 14.50% 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).
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