Dynegy Inc. (DYN) Position Raised by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio boosted its stake in Dynegy Inc. (NYSE:DYN) by 1.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 308,013 shares of the utilities provider’s stock after purchasing an additional 5,480 shares during the quarter. Public Employees Retirement System of Ohio owned about 0.23% of Dynegy worth $3,015,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in DYN. QCM Cayman Ltd. purchased a new stake in Dynegy in the second quarter valued at approximately $100,000. Integral Derivatives LLC purchased a new position in shares of Dynegy during the second quarter worth approximately $102,000. Profund Advisors LLC raised its stake in shares of Dynegy by 20.2% during the second quarter. Profund Advisors LLC now owns 15,801 shares of the utilities provider’s stock worth $131,000 after acquiring an additional 2,655 shares in the last quarter. Oppenheimer Asset Management Inc. raised its stake in shares of Dynegy by 11.2% during the second quarter. Oppenheimer Asset Management Inc. now owns 16,302 shares of the utilities provider’s stock worth $135,000 after acquiring an additional 1,643 shares in the last quarter. Finally, Parametrica Management Ltd purchased a new position in shares of Dynegy during the third quarter worth approximately $150,000.

Dynegy Inc. (DYN) opened at $11.85 on Friday. The company has a quick ratio of 1.47, a current ratio of 1.97 and a debt-to-equity ratio of 5.46. Dynegy Inc. has a fifty-two week low of $5.84 and a fifty-two week high of $12.84. The stock has a market cap of $1,670.00, a P/E ratio of -51.52 and a beta of 1.89.

Several research analysts have commented on the stock. Zacks Investment Research raised shares of Dynegy from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. Morgan Stanley set a $15.00 price target on shares of Dynegy and gave the stock a “buy” rating in a research note on Thursday, October 26th. ValuEngine downgraded shares of Dynegy from a “hold” rating to a “sell” rating in a research note on Friday, December 1st. Royal Bank of Canada reissued a “hold” rating and set a $8.00 price target on shares of Dynegy in a research note on Tuesday, October 10th. Finally, Bank of America assumed coverage on shares of Dynegy in a research note on Tuesday, October 24th. They set a “buy” rating and a $11.00 price target on the stock. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $12.34.

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Dynegy Profile

Dynegy Inc (Dynegy) is a holding company and conducts the business operations through its subsidiaries. The primary business of Dynegy is the production and sale of electric energy, capacity and ancillary services from the fleet of 18 operating power plants in six states totaling approximately 12,300 megawatt (MW) of generating capacity.

Institutional Ownership by Quarter for Dynegy (NYSE:DYN)

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