Bullish Options Activity on Dynegy Inc. Surges After Better Fundamentals

 Bullish Options Activity on Dynegy Inc. Surges After Better Fundamentals

In today’s session Dynegy Inc. (DYN) registered an unusually high (3,606) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious DYN increase. With 3,606 contracts traded and 40764 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: DYN170120C00012500 closed last at: $1.8 or 12.5% up. About 641,248 shares traded hands. Dynegy Inc. (NYSE:DYN) has declined 0.71% since March 14, 2016 and is downtrending. It has underperformed by 6.32% the S&P500.

Analysts await Dynegy Inc. (NYSE:DYN) to report earnings on November, 2. They expect $0.31 EPS, up 1,450.00% or $0.29 from last year’s $0.02 per share. DYN’s profit will be $36.90 million for 9.96 P/E if the $0.31 EPS becomes a reality. After $-1.35 actual EPS 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. The rating was initiated by Guggenheim on Friday, January 29 with “Neutral”. Deutsche Bank maintained Dynegy Inc. (NYSE:DYN) on Tuesday, August 25 with “Buy” rating. The company was maintained on Wednesday, August 24 by Suntrust Robinson. Citigroup upgraded Dynegy Inc. (NYSE:DYN) on Wednesday, June 29 to “Buy” rating. The firm has “Neutral” rating given on Friday, October 16 by Suntrust Robinson. As per Friday, April 8, the company rating was reinitiated by Ladenburg Thalmann. UBS downgraded the stock to “Neutral” rating in Thursday, June 9 report. The firm has “Overweight” rating by Barclays Capital given on Friday, May 20. The firm has “Neutral” rating by Citigroup given on Friday, September 18. The rating was maintained by SunTrust with “Neutral” on Monday, March 7.

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 is positive, 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.
Creative Planning accumulated 0% or 18 shares. Neuberger Berman Group Incorporated reported 1.33 million shares or 0.03% of all its holdings. Blackrock Institutional Tru Na holds 0.01% or 3.13M shares in its portfolio. Citigroup owns 61,933 shares or 0% of their US portfolio. Price T Rowe Md reported 18,108 shares or 0% of all its holdings. Capital Fund owns 19,310 shares or 0% of their US portfolio. Aperio Ltd Llc last reported 0% of its portfolio in the stock. First Advsr Ltd Partnership has invested 0.01% of its portfolio in Dynegy Inc. (NYSE:DYN). The Delaware-based Dupont has invested 0.09% in Dynegy Inc. (NYSE:DYN). Massachusetts Financial Ma accumulated 0.09% or 10.00M shares. Empyrean Capital Limited Partnership accumulated 1.01% or 1.30 million shares. Ladenburg Thalmann Financial Services Incorporated has invested 0% of its portfolio in Dynegy Inc. (NYSE:DYN). Pdts Prtn Lc holds 0.56% of its portfolio in Dynegy Inc. (NYSE:DYN) for 413,200 shares. Tudor Invest Corporation Et Al has 38,655 shares for 0.01% of their US portfolio. Synovus Fincl Corporation has 0% invested in the company for 7,530 shares.

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 Reaches Agreement Regarding Illinois Power Generating Financial …” on October 14, 2016. Businesswire.com‘s article titled: “Dynegy Completes $750 Million Senior Notes Offering” and published on October 11, 2016 is yet another important article.

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