Virtu Financial LLC trimmed its stake in shares of Southwestern Energy (NYSE:SWN) by 29.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 50,493 shares of the energy company’s stock after selling 20,654 shares during the quarter. Virtu Financial LLC’s holdings in Southwestern Energy were worth $282,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SWN. Wedge Capital Management L L P NC boosted its holdings in shares of Southwestern Energy by 11.1% in the 4th quarter. Wedge Capital Management L L P NC now owns 2,714,953 shares of the energy company’s stock worth $15,149,000 after acquiring an additional 271,913 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Southwestern Energy by 2,243.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,435,577 shares of the energy company’s stock worth $14,882,000 after acquiring an additional 2,331,644 shares in the last quarter. Arizona State Retirement System boosted its holdings in shares of Southwestern Energy by 27.8% in the 4th quarter. Arizona State Retirement System now owns 368,848 shares of the energy company’s stock worth $2,058,000 after acquiring an additional 80,247 shares in the last quarter. SG Americas Securities LLC boosted its holdings in shares of Southwestern Energy by 1,030.3% in the 4th quarter. SG Americas Securities LLC now owns 277,606 shares of the energy company’s stock worth $1,549,000 after acquiring an additional 253,046 shares in the last quarter. Finally, Swiss National Bank boosted its holdings in shares of Southwestern Energy by 2.5% in the 4th quarter. Swiss National Bank now owns 867,200 shares of the energy company’s stock worth $4,839,000 after acquiring an additional 21,200 shares in the last quarter. 80.67% of the stock is currently owned by institutional investors.
Several research analysts have recently commented on SWN shares. Cowen set a $8.00 target price on Southwestern Energy and gave the stock a “buy” rating in a report on Thursday, January 18th. Zacks Investment Research downgraded Southwestern Energy from a “hold” rating to a “sell” rating in a report on Tuesday, February 6th. Morgan Stanley reduced their target price on Southwestern Energy from $4.00 to $2.00 and set an “underweight” rating on the stock in a report on Wednesday, February 14th. ValuEngine raised Southwestern Energy from a “hold” rating to a “buy” rating in a report on Thursday, January 4th. Finally, Raymond James Financial cut shares of Southwestern Energy from a “market perform” rating to an “underperform” rating in a research report on Tuesday, January 30th. Eight analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have given a buy rating to the company. Southwestern Energy presently has an average rating of “Hold” and an average target price of $6.76.
SWN stock opened at $4.26 on Friday. The company has a market capitalization of $2,588.95, a P/E ratio of 9.68 and a beta of 0.79. Southwestern Energy has a fifty-two week low of $3.42 and a fifty-two week high of $8.55. The company has a debt-to-equity ratio of 2.22, a current ratio of 1.93 and a quick ratio of 1.93.
Southwestern Energy (NYSE:SWN) last issued its earnings results on Thursday, March 1st. The energy company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.09 by $0.03. The company had revenue of $809.00 million during the quarter, compared to analysts’ expectations of $802.77 million. Southwestern Energy had a net margin of 30.57% and a return on equity of 21.54%. The business’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.08 EPS. sell-side analysts forecast that Southwestern Energy will post 0.73 EPS for the current fiscal year.
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About Southwestern Energy
Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.
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