Teilinger Capital Ltd. adds Dynegy (DYN) to its portfolio

Dynegy (DYN) : Teilinger Capital Ltd. added new position in Dynegy during the most recent quarter end. The investment management firm now holds 62,700 shares of Dynegy which is valued at $1,192,554 , the company said in a statement filed on May 2, 2016 with the SEC.Dynegy makes up approximately 76.11% of Teilinger Capital Ltd.’s portfolio.

Dynegy opened for trading at $18.41 and hit $19.04 on the upside on Friday, eventually ending the session at $19.02, with a gain of 2.92% or 0.54 points. The heightened volatility saw the trading volume jump to 19,14,906 shares. Company has a market cap of $2,231 M.

Other Hedge Funds, Including , Quantitative Investment Management reduced its stake in DYN by selling 117,700 shares or 69.77% in the most recent quarter. The Hedge Fund company now holds 51,000 shares of DYN which is valued at $970,020. Dynegy makes up approx 0.05% of Quantitative Investment Management’s portfolio.Russell Frank Co boosted its stake in DYN in the latest quarter, The investment management firm added 8,800 additional shares and now holds a total of 10,868 shares of Dynegy which is valued at $191,603. Sanders Morris Harris sold out all of its stake in DYN during the most recent quarter. The investment firm sold 2,002 shares of DYN which is valued $35,295. Davenport Co sold out all of its stake in DYN during the most recent quarter. The investment firm sold 20,775 shares of DYN which is valued $366,263.

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.

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