Southwestern Energy (NYSE:SWN) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lowered its position in Southwestern Energy (NYSE:SWN) by 8.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 124,836 shares of the energy company’s stock after selling 10,971 shares during the quarter. Victory Capital Management Inc.’s holdings in Southwestern Energy were worth $692,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of SWN. Advisor Group Holdings Inc. boosted its holdings in Southwestern Energy by 54.7% in the second quarter. Advisor Group Holdings Inc. now owns 140,358 shares of the energy company’s stock valued at $795,000 after acquiring an additional 49,627 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Southwestern Energy by 34.1% in the second quarter. Envestnet Asset Management Inc. now owns 21,455 shares of the energy company’s stock valued at $122,000 after acquiring an additional 5,461 shares during the last quarter. Rockefeller Capital Management L.P. boosted its holdings in Southwestern Energy by 168.9% in the second quarter. Rockefeller Capital Management L.P. now owns 30,248 shares of the energy company’s stock valued at $171,000 after acquiring an additional 19,000 shares during the last quarter. Citigroup Inc. boosted its holdings in Southwestern Energy by 42.3% in the second quarter. Citigroup Inc. now owns 2,283,430 shares of the energy company’s stock valued at $12,947,000 after acquiring an additional 679,270 shares during the last quarter. Finally, BNP Paribas Arbitrage SA boosted its holdings in Southwestern Energy by 40.5% in the second quarter. BNP Paribas Arbitrage SA now owns 1,333,247 shares of the energy company’s stock valued at $7,560,000 after acquiring an additional 384,339 shares during the last quarter. Hedge funds and other institutional investors own 73.78% of the company’s stock.

A number of research analysts have commented on the company. Benchmark assumed coverage on Southwestern Energy in a research note on Tuesday, October 26th. They set a “hold” rating on the stock. Mizuho reduced their price objective on Southwestern Energy from $8.00 to $7.00 in a research note on Monday, January 3rd. US Capital Advisors cut Southwestern Energy from an “overweight” rating to a “hold” rating and set a $7.44 price objective on the stock. in a research note on Friday, November 12th. Wolfe Research cut Southwestern Energy from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $7.00 to $6.00 in a research note on Tuesday, December 14th. Finally, UBS Group upgraded Southwestern Energy from a “sell” rating to a “neutral” rating and boosted their price objective for the stock from $4.00 to $6.00 in a research note on Wednesday, November 17th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $6.06.

Shares of Southwestern Energy stock opened at $4.93 on Friday. The firm has a market cap of $5.00 billion, a P/E ratio of -1.50 and a beta of 1.12. Southwestern Energy has a fifty-two week low of $3.22 and a fifty-two week high of $5.96. The business has a 50-day moving average price of $4.84 and a 200 day moving average price of $4.93.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings data on Wednesday, November 3rd. The energy company reported $0.24 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.03. The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.01 billion. Southwestern Energy had a positive return on equity of 324.52% and a negative net margin of 55.08%. During the same period in the previous year, the company earned $0.08 earnings per share. On average, equities analysts anticipate that Southwestern Energy will post 1.05 EPS for the current year.

Southwestern Energy Company Profile

Southwestern Energy Co is a holding company, which engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs). It operates through the Exploration and Production (E&P), and Marketing segments. The E&P segment includes operations in northeast Pennsylvania, West Virginia, and southwest Pennsylvania, The Marketing segment deals in the marketing and transportation of natural gas, oil and NGLs primarily produced in E&P.

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

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