Vanguard Capital Wealth Advisors Sells 3,974 Shares of Dynagas LNG Partners LP (NYSE:DLNG)

Vanguard Capital Wealth Advisors lessened its stake in shares of Dynagas LNG Partners LP (NYSE:DLNG) by 24.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 12,434 shares of the shipping company’s stock after selling 3,974 shares during the quarter. Vanguard Capital Wealth Advisors’ holdings in Dynagas LNG Partners were worth $68,000 as of its most recent SEC filing.

Separately, Sei Investments Co. bought a new stake in shares of Dynagas LNG Partners in the 4th quarter valued at about $75,000.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Dynagas LNG Partners from a “strong-buy” rating to a “buy” rating in a research report on Tuesday.

Dynagas LNG Partners Price Performance

DLNG stock opened at $3.62 on Tuesday. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.95. The firm has a market cap of $133.15 million, a price-to-earnings ratio of 3.77 and a beta of 0.77. The company’s fifty day simple moving average is $3.63 and its 200 day simple moving average is $4.26. Dynagas LNG Partners LP has a 12-month low of $3.18 and a 12-month high of $5.65.

Dynagas LNG Partners (NYSE:DLNG) last posted its quarterly earnings data on Thursday, March 6th. The shipping company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.04. The firm had revenue of $41.66 million during the quarter, compared to analyst estimates of $38.34 million. Dynagas LNG Partners had a return on equity of 14.73% and a net margin of 31.63%. On average, analysts expect that Dynagas LNG Partners LP will post 1.08 earnings per share for the current year.

Dynagas LNG Partners Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Monday, May 19th will be issued a $0.049 dividend. The ex-dividend date is Monday, May 19th. This represents a $0.20 dividend on an annualized basis and a yield of 5.41%. Dynagas LNG Partners’s payout ratio is currently 18.27%.

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.