Dynegy (DYN) : Credit Capital Investments added new position in Dynegy during the most recent quarter end. The investment management firm now holds 341,307 shares of Dynegy which is valued at $6.2 Million , the company said in a statement filed on May 11, 2016 with the SEC.Dynegy makes up approximately 5.01% of Credit Capital Investments’s portfolio.
Other Hedge Funds, Including , Landscape Capital Management L.l.c. sold out all of its stake in DYN during the most recent quarter. The investment firm sold 87,154 shares of DYN which is valued $1.6 Million.Blackrock Investment Management boosted its stake in DYN in the latest quarter, The investment management firm added 1,076,523 additional shares and now holds a total of 3,370,530 shares of Dynegy which is valued at $61.5 Million. Dynegy makes up approx 0.08% of Blackrock Investment Management’s portfolio. Airain Ltd added DYN to its portfolio by purchasing 22,601 company shares during the most recent quarter which is valued at $412,468. Dynegy makes up approx 0.03% of Airain Ltd’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. Pacad Investment Ltd. sold out all of its stake in DYN during the most recent quarter. The investment firm sold 42,739 shares of DYN which is valued $812,896.
Dynegy opened for trading at $18.34 and hit $19.01 on the upside on Monday, eventually ending the session at $18.31, with a gain of 0.33% or 0.06 points. The heightened volatility saw the trading volume jump to 17,79,092 shares. Company has a market cap of $2,147 M.
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.