An issue of Dynegy Inc. (NYSE:DYN) debt rose 1.3% as a percentage of its face value during trading on Friday. The debt issue has a 8% coupon and will mature on January 15, 2025. The debt is now trading at $105.25. Price moves in a company’s debt in credit markets often anticipate parallel moves in its stock price.

A number of research analysts have recently commented on DYN shares. Barclays PLC restated a “buy” rating and issued a $13.00 target price on shares of Dynegy in a research note on Tuesday, July 25th. Guggenheim restated a “buy” rating and issued a $18.00 target price (up previously from $14.00) on shares of Dynegy in a research note on Monday, August 21st. BidaskClub upgraded Dynegy from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. Deutsche Bank AG lowered their target price on Dynegy from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Monday, August 7th. Finally, Royal Bank Of Canada restated a “hold” rating and issued a $8.00 target price on shares of Dynegy in a research note on Monday, September 4th. One analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $11.00.

Shares of Dynegy Inc. (NYSE DYN) traded down 0.11% on Friday, reaching $9.51. The company’s stock had a trading volume of 1,366,900 shares. Dynegy Inc. has a one year low of $5.84 and a one year high of $13.59. The firm’s market capitalization is $1.25 billion. The firm has a 50-day moving average price of $9.46 and a 200 day moving average price of $8.22. Dynegy also saw unusually large options trading on Thursday. Traders acquired 24,901 call options on the company. This represents an increase of approximately 1,278% compared to the average daily volume of 1,807 call options.

Dynegy (NYSE:DYN) last posted its earnings results on Thursday, August 3rd. The utilities provider reported ($0.83) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.61). The company had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $972.27 million. Dynegy had a negative return on equity of 12.97% and a negative net margin of 2.72%. On average, analysts anticipate that Dynegy Inc. will post ($0.69) earnings per share for the current fiscal year.

A number of institutional investors have recently bought and sold shares of DYN. First Trust Advisors LP lifted its holdings in Dynegy by 64.8% during the first quarter. First Trust Advisors LP now owns 57,645 shares of the utilities provider’s stock worth $453,000 after buying an additional 22,663 shares during the period. UBS Asset Management Americas Inc. lifted its holdings in Dynegy by 20.6% during the first quarter. UBS Asset Management Americas Inc. now owns 94,477 shares of the utilities provider’s stock worth $743,000 after buying an additional 16,143 shares during the period. Karp Capital Management Corp purchased a new stake in Dynegy during the first quarter worth $165,000. Parametric Portfolio Associates LLC lifted its holdings in Dynegy by 99.3% during the first quarter. Parametric Portfolio Associates LLC now owns 419,505 shares of the utilities provider’s stock worth $3,297,000 after buying an additional 209,043 shares during the period. Finally, M&T Bank Corp purchased a new stake in Dynegy during the first quarter worth $325,000.

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Dynegy Company 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.

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