Golar LNG Partners LP (NASDAQ:GMLP) was up 3.4% during mid-day trading on Monday . The stock traded as high as $18.93 and last traded at $18.76, with a volume of 243,534 shares changing hands. The stock had previously closed at $18.15.

Separately, Zacks Investment Research upgraded shares of Golar LNG Partners from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research report on Wednesday, June 29th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $21.83.

The firm has a 50 day moving average of $18.05 and a 200 day moving average of $15.49. The firm has a market cap of $1.12 billion and a P/E ratio of 7.646.

Other large investors recently added to or reduced their stakes in the company. Morgan Stanley raised its stake in Golar LNG Partners by 111.8% in the fourth quarter. Morgan Stanley now owns 3,333,399 shares of the company’s stock valued at $44,601,000 after buying an additional 1,759,896 shares in the last quarter. First Trust Advisors LP raised its stake in Golar LNG Partners by 107.5% in the fourth quarter. First Trust Advisors LP now owns 718,626 shares of the company’s stock valued at $9,615,000 after buying an additional 372,258 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Golar LNG Partners by 11.7% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 86,029 shares of the company’s stock valued at $1,151,000 after buying an additional 9,030 shares in the last quarter. Finally, Penserra Capital Management LLC bought a new stake in Golar LNG Partners during the fourth quarter valued at approximately $5,104,000.

Golar LNG Partners LP (Golar LNG Partners) owns and operates floating storage and regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term charters. The Company operates a fleet of around six FSRU vessels and four LNG carriers. The Company’s FSRU vessels include Golar Spirit, Golar Winter, Golar Freeze, NR Satu, Golar Igloo and Golar Eskimo.

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