Economy

Dynagas LNG Partners LP Common (NYSE:DLNG) Sees Significantly Lower Trading Volume

The company now has a P/E ratio of 14.67 and the market cap is 495.22M.

The stock is trading at $17.85 which is marginally higher than the 50 day moving average which is $17.35 and which is marginally over the 200 day moving average of $16.79.

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. It has underperformed by 3.13% the S&P500. Given that its average daily volume over the 30 days has been 241.44 million shares a day, this signifies a pretty significant change over the norm. Ubs Group Ag controls 176,902 shares worth $2,715,000. Another trade for 32,511 shares valued at $1.80 million was made by McMullen Michael R. on Monday, May 1. It has outperformed by 9.26% the S&P500. This translates into $8.52 million profit for DLNG giving the stock a 14.52 P/E. About shares traded. Dynagas LNG Partners LP (NYSE:DLNG) has risen 13.57% since October 2, 2016 and is uptrending. The stock of Dynagas LNG Partners LP (NYSE:DLNG) earned "Market Perform" rating by Wells Fargo on Monday, September 19. The company saw a rise in short interest from August 31, 2017 to September 15, 2017 of 7.78%. Zacks Investment Research downgraded shares of Teekay LNG Partners L.P. from a "hold" rating to a "strong sell" rating in a research report on Friday, July 28th. Therefore 43% are positive. Jefferies Group LLC reiterated a "buy" rating and set a $19.00 target price on shares of Dynagas LNG Partners in a research note on Tuesday, August 22nd. The stock has "Buy" rating by Jefferies on Monday, August 21. Stifel Nicolaus maintained the stock with "Buy" rating in Monday, December 21 report. The firm has "Buy" rating given on Tuesday, September 13 by Jefferies. On Thursday, June 8 the stock rating was maintained by Maxim Group with "Buy".

Dynagas LNG Partners LP is a limited partnership, which focuses on owning and operating liquid natural gas (LNG) carriers. Stifel Nicolaus maintained it with "Buy" rating and $19 target in Thursday, April 6 report.

Trading volume for Teekay LNG Partners L.P. was 20K in the last trading session. The total value of its holdings decreased 46.9%.

Td Asset Management Inc, which manages about $16.26B and $63.46 billion US Long portfolio, decreased its stake in Bristol Myers Squibb Co (NYSE:BMY) by 106,279 shares to 953,676 shares, valued at $53.14 million in 2017Q2, according to the filing. It dived, as 0 investors sold ITT Inc. shares while 0 reduced holdings. Finally, Proficio Capital Partners LLC raised its position in Dynagas LNG Partners by 48.5% in the 2nd quarter. Fdx Advisors holds 0.04% or 30,397 shares in its portfolio. Benjamin F Edwards And Inc owns 100 shares. 1,977 shares or 96.30% less from 53,377 shares in 2017Q1 were reported.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. New York-based Adirondack Tru has invested 0.01% in Charles Schwab Corp (NYSE:SCHW). Therefore 70% are positive. Charles Schwab had 66 analyst reports since August 11, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of ITT in report on Tuesday, September 1 with "Outperform" rating.

02/22/2016 - Dynagas LNG Partners LP was downgraded to "hold" by analysts at Deutsche Bank. The company was maintained on Monday, September 25 by Jefferies. Jefferies maintained Charles Schwab Corp (NYSE:SCHW) rating on Monday, August 14. Jefferies has "Buy" rating and $19.0 target. The rating was maintained by William Blair on Friday, June 16 with "Outperform". The rating was initiated by Aegis Capital with "Buy" on Friday, December 2.

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