Dynegy (DYN) : Pyrrho Capital Management Lp added new position in Dynegy during the most recent quarter end. The investment management firm now holds 112,000 shares of Dynegy which is valued at $2 Million , the company said in a statement filed on May 13, 2016 with the SEC.Dynegy makes up approximately 10.42% of Pyrrho Capital Management Lp’s portfolio.
Other Hedge Funds, Including , Manufacturers Life Insurance Company The reduced its stake in DYN by selling 3,192 shares or 3.99% in the most recent quarter. The Hedge Fund company now holds 76,770 shares of DYN which is valued at $1.4 Million.Tiaa Cref Investment Management reduced its stake in DYN by selling 27,608 shares or 6.45% in the most recent quarter. The Hedge Fund company now holds 400,461 shares of DYN which is valued at $7.6 Million. Dynegy makes up approx 0.01% of Tiaa Cref Investment Management’s portfolio.Bronfman E.l. Rothschild boosted its stake in DYN in the latest quarter, The investment management firm added 127 additional shares and now holds a total of 160 shares of Dynegy which is valued at $3,043. Quantbot Technologies Lp sold out all of its stake in DYN during the most recent quarter. The investment firm sold 25,395 shares of DYN which is valued $447,714.
Dynegy closed down -0.9 points or -4.84% at $17.69 with 46,92,904 shares getting traded on Wednesday. Post opening the session at $17.79, the shares hit an intraday low of $17.09 and an intraday high of $18.44 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, Dynegy reported $-0.23 EPS for the quarter, missing the analyst consensus estimate by $ -1.20 based on the information available during the earnings call on Nov 4, 2015. Analyst had a consensus of $0.97. The company had revenue of $1232.00 million for the quarter, compared to analysts expectations of $1531.13 million. The company’s revenue was up 100.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.05 EPS.
Many Wall Street Analysts have commented on Dynegy. Dynegy was Resumed by Ladenburg Thalmann to “Buy” on Apr 8, 2016. Dynegy was Upgraded by Guggenheim to ” Buy” on Feb 29, 2016.