Dynagas LNG Partners (NYSE:DLNG) Share Price Passes Below 50-Day Moving Average – Time to Sell?

Dynagas LNG Partners LP (NYSE:DLNG) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $4.01 and traded as low as $3.82. Dynagas LNG Partners shares last traded at $3.8550, with a volume of 22,047 shares trading hands.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on DLNG. Weiss Ratings cut shares of Dynagas LNG Partners from a “buy (b-)” rating to a “hold (c)” rating in a research report on Monday, April 13th. Wall Street Zen raised shares of Dynagas LNG Partners to a “hold” rating in a research report on Saturday, February 14th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Dynagas LNG Partners Stock Down 1.8%

The firm has a market capitalization of $137.67 million, a PE ratio of 2.76 and a beta of 0.55. The firm’s fifty day simple moving average is $4.00 and its 200-day simple moving average is $3.90.

Dynagas LNG Partners (NYSE:DLNG) last issued its earnings results on Friday, May 29th. The shipping company reported $0.29 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.29. The business had revenue of $39.94 million during the quarter, compared to analysts’ expectations of $36.92 million. Dynagas LNG Partners had a net margin of 39.36% and a return on equity of 14.96%.

Dynagas LNG Partners Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were issued a $0.05 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a $0.20 annualized dividend and a yield of 5.3%. Dynagas LNG Partners’s payout ratio is 14.60%.

Institutional Trading of Dynagas LNG Partners

Large investors have recently made changes to their positions in the stock. Susquehanna International Group LLP grew its stake in shares of 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 worth $513,000 after acquiring an additional 118,616 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of 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 worth $151,000 after acquiring an additional 21,518 shares during the period. Acadian Asset Management LLC grew its stake in shares of 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 worth $692,000 after acquiring an additional 155,902 shares during the period. 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 worth $240,000 after acquiring an additional 42,306 shares during the period. Finally, IMC Chicago LLC bought a new stake in shares of Dynagas LNG Partners in the first quarter worth approximately $51,000.

Dynagas LNG Partners Company Profile

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.