Dynegy (DYN) Shares Bought by MetLife Investment Advisors LLC

MetLife Investment Advisors LLC increased its position in Dynegy (NYSE:DYN) by 19.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 58,179 shares of the utilities provider’s stock after purchasing an additional 9,560 shares during the quarter. MetLife Investment Advisors LLC’s holdings in Dynegy were worth $787,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of DYN. Harvest Management LLC raised its holdings in Dynegy by 10.7% in the 1st quarter. Harvest Management LLC now owns 41,450 shares of the utilities provider’s stock valued at $560,000 after acquiring an additional 4,000 shares during the period. American International Group Inc. raised its holdings in Dynegy by 10.6% in the 1st quarter. American International Group Inc. now owns 82,396 shares of the utilities provider’s stock valued at $1,114,000 after acquiring an additional 7,929 shares during the period. Jane Street Group LLC raised its holdings in Dynegy by 16.8% in the 4th quarter. Jane Street Group LLC now owns 55,993 shares of the utilities provider’s stock valued at $664,000 after acquiring an additional 8,063 shares during the period. Swiss National Bank raised its holdings in Dynegy by 5.0% in the 4th quarter. Swiss National Bank now owns 217,750 shares of the utilities provider’s stock valued at $2,580,000 after acquiring an additional 10,400 shares during the period. Finally, PEAK6 Investments L.P. raised its holdings in Dynegy by 6.3% in the 4th quarter. PEAK6 Investments L.P. now owns 178,075 shares of the utilities provider’s stock valued at $2,110,000 after acquiring an additional 10,597 shares during the period.

DYN has been the topic of several research analyst reports. Zacks Investment Research raised shares of Dynegy from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a report on Friday, March 2nd. SunTrust Banks reissued a “hold” rating and issued a $14.00 price target on shares of Dynegy in a report on Tuesday, March 6th. ValuEngine raised shares of Dynegy from a “strong sell” rating to a “sell” rating in a report on Monday, April 2nd. Finally, Guggenheim reissued a “buy” rating on shares of Dynegy in a report on Tuesday, April 10th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $13.57.

Shares of Dynegy opened at $12.81 on Tuesday, MarketBeat.com reports. Dynegy has a 12-month low of $5.84 and a 12-month high of $13.92. The company has a market cap of $1.85 billion, a price-to-earnings ratio of 58.23 and a beta of 1.59. The company has a current ratio of 1.45, a quick ratio of 1.03 and a debt-to-equity ratio of 4.40.

About Dynegy

Dynegy Inc, through its subsidiaries, produces and sells electric energy, capacity, and ancillary services in the United States. It operates in five segments: PJM, NY/NE, ERCOT, MISO, and CAISO. The company sells its services on a wholesale basis from its power generation facilities. It has a fleet of 43 power plants in 12 states totaling approximately 28,000 megawatts of generating capacity.

Institutional Ownership by Quarter for Dynegy (NYSE:DYN)

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