Dynagas LNG Partners LP (NYSE:DLNG) Shares Sold by Vanguard Capital Wealth Advisors

Vanguard Capital Wealth Advisors lessened its position in shares of Dynagas LNG Partners LP (NYSE:DLNG) by 18.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,353 shares of the shipping company’s stock after selling 5,356 shares during the period. Vanguard Capital Wealth Advisors owned about 0.07% of Dynagas LNG Partners worth $98,000 as of its most recent SEC filing.

Separately, Apollon Wealth Management LLC purchased a new position in shares of Dynagas LNG Partners in the 4th quarter valued at about $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 NYSE:DLNG opened at $3.63 on Thursday. Dynagas LNG Partners LP has a 12 month low of $2.27 and a 12 month high of $4.24. The company’s fifty day moving average price is $3.80 and its 200 day moving average price is $3.58.

Dynagas LNG Partners (NYSE:DLNG) last posted its earnings results on Tuesday, September 10th. The shipping company reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.03). The firm had revenue of $37.62 million for the quarter, compared to analyst estimates of $37.92 million. Dynagas LNG Partners had a return on equity of 9.98% and a net margin of 23.58%. During the same quarter last year, the firm posted $0.08 EPS. On average, analysts anticipate that Dynagas LNG Partners LP will post 1.1 EPS for the current fiscal 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.