Dynagas LNG Partners LP (DLNG) Receives Buy Rating from Stifel Nicolaus

Paterniano Del Favero
Agosto 9, 2017

Dynagas LNG Partners (NYSE DLNG) traded down 0.41% during midday trading on Friday, reaching $14.70.

Teekay LNG Partners L.P. has a 12-month low of $10.73 and a 12-month high of $19.90. BidaskClub upgraded Hoegh LNG Partners from a sell rating to a hold rating in a report on Saturday, July 8th. On average, analysts anticipate that Hoegh LNG Partners will post $1.64 earnings per share for the current year. The latest reports which are outstanding on Monday 7th of August state 2 analysts have a rating of "strong buy", 2 analysts "buy", 3 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". Zacks Investment Research's EPS averages are a mean average based on a survey of research firms that cover Dynagas LNG Partners. Hoegh LNG Partners had a net margin of 106.97% and a return on equity of 33.57%. (NYSE:TGP) last released its quarterly earnings data on Thursday, August 3rd. The shipping company reported $0.20 EPS for the quarter, missing the Zacks' consensus estimate of $0.32 by $0.12.

Teekay LNG Partners L.P., launched on November 3, 2004, is an worldwide provider of marine transportation services for liquefied natural gas (LNG), liquefied petroleum gas (LPG) and crude oil. The business had revenue of $35.08 million for the quarter, compared to analysts' expectations of $30.17 million. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. Zacks Investment Research lowered shares of Teekay LNG Partners L.P. from a "hold" rating to a "strong sell" rating in a research note on Friday, July 28th. Stifel Nicolaus reiterated a "hold" rating and issued a $16.00 target price on shares of Teekay LNG Partners L.P.in a research note on Thursday, July 6th.

Teekay LNG Partners L.P.is an worldwide provider of marine transportation services for liquefied natural gas (LNG), liquefied petroleum gas (LPG) and crude oil. Hoegh LNG Partners presently has a consensus rating of Hold and an average price target of $21.10. The stock's market capitalization is 520.44M, it has a 52-week low of 12.76 and a 52-week high of 17.93. Additionally, TGP had a day price range of $17.65 to $18.55.

The most current P/E ratio is 7.21 and the market cap of the company is 1.42B. The company's 50-day moving average is $16.37 and its 200-day moving average is $17.06.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 14th. Shareholders of record on Friday, August 4th will be given a dividend of $0.14 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 9.25%. The ex-dividend date will be on Wednesday August 2nd, 2017. OppenheimerFunds Inc. raised its stake in Teekay LNG Partners L.P.by 2.1% in the first quarter.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HMLP. Kayne Anderson Capital Advisors LP now owns 2,254,053 shares of the shipping company's stock valued at $44,283,000 after buying an additional 460,400 shares during the last quarter. Finally, Pointe Capital Management LLC bought a new position in Dynagas LNG Partners during the first quarter valued at approximately $526,000.

Heading into the stock price potential, Teekay LNG Partners L.P. needs to grow just 9.55% to cross its median price target of $19.5. Proficio Capital Partners LLC raised its position in Dynagas LNG Partners by 48.5% in the second quarter. Trading was light with 222K shares changing hands in the last trading session. UBS Group AG boosted its position in shares of Hoegh LNG Partners by 27.1% in the first quarter. Nwam LLC now owns 50,440 shares of the shipping company's stock valued at $991,000 after buying an additional 1,364 shares during the last quarter. Finally, Credit Suisse AG boosted its stake in shares of Teekay LNG Partners L.P.by 145.9% in the first quarter. The company's stock had a trading volume of 24,480 shares.

COPYRIGHT VIOLATION NOTICE: "Analysts Expect Teekay LNG Partners L.P. (TGP) to Announce $0.33 EPS" was first published by TheOlympiaReport and is owned by of TheOlympiaReport.

Teekay LNG Partners L.P.is an global provider of marine transportation services for liquefied natural gas (LNG), liquefied petroleum gas (LPG) and crude oil.

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