Vanguard Capital Wealth Advisors lowered its position in shares of Dynagas LNG Partners LP (NYSE:DLNG – Free Report) by 18.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 24,353 shares of the shipping company’s stock after selling 5,356 shares during the quarter. Vanguard Capital Wealth Advisors’ holdings in Dynagas LNG Partners were worth $98,000 as of its most recent filing with the SEC.
Separately, Apollon Wealth Management LLC acquired a new stake in shares of Dynagas LNG Partners in the 4th quarter valued at approximately $42,000.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised Dynagas LNG Partners from a “hold” rating to a “buy” rating in a report on Wednesday.
Dynagas LNG Partners Trading Down 3.2 %
Shares of DLNG opened at $3.63 on Thursday. Dynagas LNG Partners LP has a 52-week low of $2.27 and a 52-week high of $4.24. The company has a 50-day simple moving average of $3.80 and a 200-day simple moving average of $3.58.
Dynagas LNG Partners (NYSE:DLNG – Get Free Report) last posted its quarterly earnings results on Tuesday, September 10th. The shipping company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.03). The company had revenue of $37.62 million for the quarter, compared to analyst estimates of $37.92 million. Dynagas LNG Partners had a net margin of 23.58% and a return on equity of 9.98%. During the same quarter in the previous year, the business posted $0.08 earnings per share. As a group, research analysts anticipate that Dynagas LNG Partners LP will post 1.1 EPS for the current year.
About Dynagas LNG Partners
Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry in Greece and internationally. The company owns and operates liquefied natural gas (LNG) carriers. Its fleet consists of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters.
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