Dynagas LNG Partners (NYSE:DLNG) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Dynagas LNG Partners LP (NYSE:DLNG)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.87 and traded as low as $3.83. Dynagas LNG Partners shares last traded at $3.8780, with a volume of 39,123 shares changing hands.

Analyst Ratings Changes

A number of analysts have recently weighed in on DLNG shares. Wall Street Zen raised shares of Dynagas LNG Partners to a “hold” rating in a research report on Saturday, February 14th. 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. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Dynagas LNG Partners Price Performance

The company has a market cap of $141.24 million, a P/E ratio of 2.83 and a beta of 0.55. The company’s 50-day moving average is $4.06 and its two-hundred day moving average is $3.87.

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

Dynagas LNG Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 5.2%. The ex-dividend date was Monday, February 23rd. Dynagas LNG Partners’s dividend payout ratio (DPR) is presently 14.60%.

Institutional Investors Weigh In On Dynagas LNG Partners

Hedge funds have recently added to or reduced their stakes in the stock. Acadian Asset Management LLC lifted its holdings in shares of Dynagas LNG Partners by 548.8% during the 1st quarter. Acadian Asset Management LLC now owns 184,310 shares of the shipping company’s stock valued at $692,000 after buying an additional 155,902 shares during the period. Geneos Wealth Management Inc. grew its holdings 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. Baader Bank Aktiengesellschaft purchased a new stake in Dynagas LNG Partners during the third quarter valued at $36,000. 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 period. Finally, Diversified Enterprises LLC bought a new position in Dynagas LNG Partners in the fourth quarter valued at about $81,000.

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.