Dynegy Inc: Howard Marks’s Oaktree Capital Management Lp Disclosed Stake

February 14, 2018 - By Henry Gaston

 Dynegy Inc: Howard Marks's Oaktree Capital Management Lp Disclosed Stake

Investors sentiment increased to 1.52 in 2017 Q3. Its up 0.34, from 1.18 in 2017Q2. It increased, as 21 investors sold Dynegy Inc. shares while 39 reduced holdings. 38 funds opened positions while 53 raised stakes. 122.86 million shares or 2.97% less from 126.61 million shares in 2017Q2 were reported.

Credit Invests Ltd Liability Co stated it has 100,000 shares. Ny State Common Retirement Fund holds 809,240 shares. Matarin Management Ltd Liability Corporation stated it has 550,145 shares or 0.46% of all its holdings. Water Island Ltd Liability owns 344,719 shares or 0.16% of their US portfolio. State Street Corp stated it has 0% of its portfolio in Dynegy Inc. (NYSE:DYN). California State Teachers Retirement System holds 0% of its portfolio in Dynegy Inc. (NYSE:DYN) for 177,016 shares. Nationwide Fund Advisors owns 331,310 shares. Qs Invsts Limited has 0.03% invested in Dynegy Inc. (NYSE:DYN). Wolverine Asset Limited Co reported 0% of its portfolio in Dynegy Inc. (NYSE:DYN). Renaissance Technologies Ltd Limited Liability Company accumulated 57,800 shares. Perella Weinberg Partners Capital Mgmt Ltd Partnership holds 0.09% or 109,173 shares. Ellington Mngmt Group Ltd Liability Com invested in 0.05% or 29,700 shares. Kbc Nv reported 16,182 shares stake. Zacks Investment Mngmt stated it has 18,005 shares or 0% of all its holdings. Endurance Wealth Mngmt stated it has 3 shares.

The New Howard Marks’s Oaktree Capital Management Lp Holding in Dynegy Inc

Oaktree Capital Management Lp reported SC 13G/A form with the SEC for Dynegy Inc. Access it here: 000095014218000408. As reported by Howard Marks’s Oaktree Capital Management Lp, the filler owns 7.3% or 9,641,194 shares of the Utilities & Telecommunications–company.

Dynegy Inc stake is new for [reportingPerson]. Date of activity: December 31, 2017. This shows Howard Marks’s Oaktree Capital Management Lp’s positive view for Dynegy Inc.

The hedge fund is investor in the Utilities & Telecommunications sector. In the manager’s last 13-F, we saw 11% of Howard Marks’s Oaktree Capital Management Lp’s portfolio is in the sector.

Dynegy Inc Institutional Sentiment

Filings show 172 investors own Dynegy Inc. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 13905026. 148530976 were owned by these investors. 17 funds opened new Dynegy Inc stakes, 94 increased positions. There were 41 that closed positions and 48 reduced them.

15 investors had the stock in their top 10. Some are: Lasry Marc, Penn Capital Management Co Inc, Matlinpatterson Global Advisers Llc, Bain Capital Credit Lp, Solus Alternative Asset Management Lp, Caspian Capital Lp, Mcclain Value Management Llc..

Eric Edidin And Josh Lobel Archer Capital Management Lp is an investor bullish on Dynegy Inc, owning 2739577 shares as of Q3 2015 for 8.00% of its portfolio. Jeffrey Bersh And Michael Wartell Venor Capital Management Lp owns 1651847 shares or 13.27% of its portfolio. CA Bocage Capital Llc have 14.96% of its portfolio for 1216866 shares. Further, Caspian Capital Lp reported stake worth 1.97% of its portfolio. The MD Calvert Investment Management Inc owns 15812 shares. Dynegy Inc is 0.02% of its portfolio.

SEC Form 13G.

Analysts await Dynegy Inc. (NYSE:DYN) to report earnings on February, 22. They expect $-0.34 EPS, up 51.43 % or $0.36 from last year’s $-0.7 per share. After $-0.51 actual EPS reported by Dynegy Inc. for the previous quarter, Wall Street now forecasts -33.33 % EPS growth.

The stock increased 1.56% or $0.18 during the last trading session, reaching $11.75. About 1.34 million shares traded. Dynegy Inc. (NYSE:DYN) has declined 49.83% since February 14, 2017 and is downtrending. It has underperformed by 66.53% the S&P500.

Dynegy Inc., through its subsidiaries, produces and sells electric energy, capacity, and ancillary services in the United States. The company has market cap of $1.54 billion. It operates in six divisions: PJM, NY/NE, ERCOT, MISO, IPH, and CAISO. It currently has negative earnings. The firm sells its services on a wholesale basis from its power generation facilities.

Dynegy Inc. (NYSE:DYN) Ratings Coverage

Among 14 analysts covering Dynegy (NYSE:DYN), 7 have Buy rating, 1 Sell and 6 Hold. Therefore 50% are positive. Dynegy has $44 highest and $7 lowest target. $17.71’s average target is 50.72% above currents $11.75 stock price. Dynegy had 49 analyst reports since August 9, 2015 according to SRatingsIntel. The stock has “Buy” rating by Suntrust Robinson on Wednesday, June 29. The stock has “Neutral” rating by UBS on Thursday, June 9. Barclays Capital maintained it with “Overweight” rating and $15 target in Friday, January 22 report. On Friday, March 18 the stock rating was maintained by Barclays Capital with “Overweight”. The stock of Dynegy Inc. (NYSE:DYN) has “Hold” rating given on Friday, October 27 by Suntrust Robinson. The stock has “Hold” rating by SunTrust on Friday, October 27. The stock has “Hold” rating by Deutsche Bank on Tuesday, October 31. The stock has “Buy” rating by SunTrust on Wednesday, August 24. The firm has “Neutral” rating by Citigroup given on Friday, September 18. The rating was maintained by Suntrust Robinson with “Buy” on Wednesday, August 24.

More news for Dynegy Inc. (NYSE:DYN) were recently published by: Globenewswire.com, which released: “SHAREHOLDER ALERT: Rigrodsky & Long, PA Files Class Action Suit Against Dynegy …” on January 25, 2018. Chicagotribune.com‘s article titled: “Toxic waste from coal ash pits leaching into Illinois’ only National Scenic River” and published on January 31, 2018 is yet another important article.

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