Will Dynegy Inc. Go Down Anytime Soon? Option Trader Doubt That


 Will Dynegy Inc. Go Down Anytime Soon? Option Trader Doubt That

In today’s session Dynegy Inc. (DYN) registered an unusually high (930) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious DYN increase. With 930 contracts traded and 3164 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: DYN161216C00015000 closed last at: $0.7 or 22.2% down. About 692,144 shares traded hands. Dynegy Inc. (NYSE:DYN) has risen 0.66% since March 10, 2016 and is uptrending. It has underperformed by 6.86% the S&P500.

Analysts await Dynegy Inc. (NYSE:DYN) to report earnings on November, 2. They expect $0.31 earnings per share, up 1,450.00% or $0.29 from last year’s $0.02 per share. DYN’s profit will be $37.61 million for 9.57 P/E if the $0.31 EPS becomes a reality. After $-1.35 actual earnings per share reported by Dynegy Inc. for the previous quarter, Wall Street now forecasts -122.96% EPS growth.

Dynegy Inc. (NYSE:DYN) Ratings Coverage

Out of 12 analysts covering Dynegy (NYSE:DYN), 10 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 83% are positive. Dynegy has been the topic of 31 analyst reports since August 9, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained Dynegy Inc. (NYSE:DYN) on Tuesday, August 25 with “Buy” rating. The rating was maintained by Barclays Capital with “Overweight” on Friday, January 22. SunTrust initiated the stock with “Neutral” rating in Friday, October 16 report. On Friday, November 6 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Overweight” rating given on Friday, March 18 by Barclays Capital. Ladenburg Thalmann reinitiated the shares of DYN in a report on Friday, April 8 with “Buy” rating. Citigroup initiated the stock with “Neutral” rating in Friday, September 18 report. SunTrust maintained Dynegy Inc. (NYSE:DYN) rating on Monday, March 7. SunTrust has “Neutral” rating and $12 price target. The rating was initiated by Guggenheim on Friday, January 29 with “Neutral”. The rating was maintained by Deutsche Bank with “Buy” on Sunday, August 9.

According to Zacks Investment Research, “Dynegy Inc. provides wholesale power, capacity and ancillary services to utilities, cooperatives, municipalities and other energy companies in six states in U.S. regions of the Midwest, the Northeast and the West Coast. It operates in three segments: the Coal segment, the Gas Segment and the Dynegy Northeast Segment. Dynegy Inc. is headquartered in Houston, Texas.”

Insitutional Activity: The institutional sentiment increased to 1.19 in 2016 Q2. Its up 0.12, from 1.07 in 2016Q1. The ratio improved, as 27 funds sold all Dynegy Inc. shares owned while 54 reduced positions. 39 funds bought stakes while 57 increased positions. They now own 129.24 million shares or 11.31% more from 116.11 million shares in 2016Q1.
Bancorp Of America De, a North Carolina-based fund reported 27,505 shares. Susquehanna Grp Incorporated Limited Liability Partnership holds 0% of its portfolio in Dynegy Inc. (NYSE:DYN) for 32,948 shares. Millennium Management Limited Liability Corp reported 1.53M shares or 0.06% of all its holdings. The New York-based Quantbot Techs Ltd Partnership has invested 0.06% in Dynegy Inc. (NYSE:DYN). Electron Ltd owns 181,851 shares or 0.77% of their US portfolio. Dimensional Fund Advsrs L P last reported 0.03% of its portfolio in the stock. Blackrock Inv Mngmt Ltd Llc accumulated 3.34M shares or 0.07% of the stock. Steadfast Advisors Lp holds 1.41% of its portfolio in Dynegy Inc. (NYSE:DYN) for 133,662 shares. Amalgamated Financial Bank accumulated 0.01% or 12,758 shares. Canada Pension Plan Board last reported 0.01% of its portfolio in the stock. Lorem Ipsum Mgmt Ltd Liability Corp has 110,000 shares for 4.09% of their US portfolio. Blackrock Institutional Trust Na accumulated 3.13M shares or 0.01% of the stock. Glenmede Trust Na accumulated 0% or 1 shares. Clarivest Asset Mngmt Limited Liability Corporation holds 0.04% or 77,427 shares in its portfolio. Financial Bank Of Montreal Can has 4,454 shares for 0% of their US portfolio.

DYN Company Profile

Dynegy Inc., incorporated on September 13, 2006, is a holding company, which conducts its business through its subsidiaries. The Company’s principal business is the production and sale of electric energy, capacity and ancillary services from its fleet of over 30 power plants in approximately eight states totaling approximately 26,000 megawatts (MW) of generating capacity. The Firm operates through three divisions: Coal, Illinois Power Holdings, LLC (IPH) and Gas. The Company’s Coal segment includes certain of its coal-fired power generation facilities and its Dynegy Energy Services, LLC retail business. The Company’s IPH segment includes Illinois Power Generating Company (Genco) and Illinois Power Resources Generating, LLC (IPRG), which also own, directly and indirectly, certain of its coal-fired power generation facilities. IPH also includes its Homefield Energy retail business in Illinois. The Company’s Gas segment includes substantially all of its natural gas-fired power generation facilities.

More news for Dynegy Inc. (NYSE:DYN) were recently published by: Businesswire.com, which released: “Dynegy Launches Senior Notes Offering” on October 05, 2016. Twst.com‘s article titled: “Dynegy Inc.: Dynegy Completes $750 Million Senior Notes Offering” and published on October 11, 2016 is yet another important article.

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