Jane Street Group LLC Lowers Position in Southwestern Energy (SWN)

Jane Street Group LLC cut its holdings in Southwestern Energy (NYSE:SWN) by 75.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 248,001 shares of the energy company’s stock after selling 767,186 shares during the quarter. Jane Street Group LLC’s holdings in Southwestern Energy were worth $1,074,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in SWN. Teacher Retirement System of Texas lifted its stake in Southwestern Energy by 325.8% in the fourth quarter. Teacher Retirement System of Texas now owns 177,559 shares of the energy company’s stock worth $991,000 after acquiring an additional 135,862 shares during the period. Swiss National Bank lifted its stake in Southwestern Energy by 2.5% in the fourth 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 during the period. First Trust Advisors LP lifted its stake in Southwestern Energy by 2.8% in the fourth quarter. First Trust Advisors LP now owns 1,035,451 shares of the energy company’s stock worth $5,778,000 after acquiring an additional 27,961 shares during the period. The Manufacturers Life Insurance Company lifted its stake in Southwestern Energy by 13.7% in the fourth quarter. The Manufacturers Life Insurance Company now owns 848,993 shares of the energy company’s stock worth $4,737,000 after acquiring an additional 102,119 shares during the period. Finally, Arizona State Retirement System lifted its stake in Southwestern Energy by 27.8% in the fourth 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 during the period. 85.88% of the stock is owned by institutional investors.

Southwestern Energy opened at $5.36 on Thursday, according to MarketBeat. Southwestern Energy has a 52-week low of $3.42 and a 52-week high of $6.72. The company has a debt-to-equity ratio of 2.00, a quick ratio of 2.03 and a current ratio of 2.03. The stock has a market cap of $3.10 billion, a PE ratio of 12.18 and a beta of 0.83.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings data on Thursday, April 26th. The energy company reported $0.28 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.03. Southwestern Energy had a net margin of 25.51% and a return on equity of 19.14%. The firm had revenue of $920.00 million for the quarter, compared to the consensus estimate of $895.65 million. During the same quarter in the prior year, the company posted $0.18 earnings per share. analysts anticipate that Southwestern Energy will post 0.79 earnings per share for the current fiscal year.

Several analysts have commented on SWN shares. Morgan Stanley increased their price target on shares of Southwestern Energy from $2.50 to $4.00 and gave the company a “sell” rating in a research report on Thursday, May 24th. ValuEngine lowered shares of Southwestern Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. UBS Group started coverage on shares of Southwestern Energy in a research report on Wednesday, March 7th. They set a “sell” rating and a $4.00 price target for the company. Zacks Investment Research raised shares of Southwestern Energy from a “sell” rating to a “hold” rating in a research report on Thursday, April 5th. Finally, TheStreet raised shares of Southwestern Energy from a “d” rating to a “c-” rating in a research report on Thursday, March 1st. Eight investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $6.18.

Southwestern Energy Company Profile

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 191,226 net acres in Northeast Appalachia; Marcellus Shale, Utica, and Upper Devonian unconventional natural gas and oil reservoirs covering approximately 290,291 net acres in Southwest Appalachia; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 917,842 net acres in Arkansas.

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Institutional Ownership by Quarter for Southwestern Energy (NYSE:SWN)

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