Glenorchy Capital Ltd Buys Shares of 197,011 Southwestern Energy (NYSE:SWN)

Glenorchy Capital Ltd bought a new stake in shares of Southwestern Energy (NYSE:SWN) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 197,011 shares of the energy company’s stock, valued at approximately $1,290,000.

A number of other institutional investors have also added to or reduced their stakes in SWN. CWM LLC grew its position in shares of Southwestern Energy by 42.5% in the 3rd quarter. CWM LLC now owns 13,238 shares of the energy company’s stock worth $85,000 after buying an additional 3,950 shares during the last quarter. SG Americas Securities LLC grew its position in shares of Southwestern Energy by 34.0% in the 3rd quarter. SG Americas Securities LLC now owns 54,040 shares of the energy company’s stock worth $349,000 after buying an additional 13,712 shares during the last quarter. 1900 Wealth Management LLC purchased a new position in shares of Southwestern Energy in the 3rd quarter worth approximately $1,061,000. Oak Thistle LLC purchased a new position in shares of Southwestern Energy in the 3rd quarter worth approximately $657,000. Finally, Covenant Partners LLC purchased a new position in shares of Southwestern Energy in the 3rd quarter worth approximately $93,000. Hedge funds and other institutional investors own 86.97% of the company’s stock.

Wall Street Analysts Forecast Growth

SWN has been the topic of a number of analyst reports. StockNews.com initiated coverage on shares of Southwestern Energy in a research report on Saturday. They issued a “hold” rating on the stock. Susquehanna lifted their target price on shares of Southwestern Energy from $7.00 to $7.50 and gave the stock a “neutral” rating in a research note on Monday. Seaport Res Ptn cut shares of Southwestern Energy from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st. Stifel Nicolaus lifted their target price on shares of Southwestern Energy from $6.60 to $7.60 and gave the stock a “hold” rating in a research note on Tuesday. Finally, Mizuho upgraded shares of Southwestern Energy from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $6.00 to $9.00 in a research note on Monday, February 26th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $8.14.

Southwestern Energy Stock Performance

Shares of SWN traded down $0.02 during trading hours on Tuesday, hitting $7.39. The stock had a trading volume of 12,218,792 shares, compared to its average volume of 17,129,746. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.82 and a current ratio of 0.82. The firm has a 50-day moving average price of $7.17 and a 200 day moving average price of $6.84. Southwestern Energy has a fifty-two week low of $4.57 and a fifty-two week high of $7.69. The firm has a market capitalization of $8.13 billion, a price-to-earnings ratio of 5.24 and a beta of 1.12.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings data on Thursday, February 22nd. The energy company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The company had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.29 billion. Southwestern Energy had a net margin of 23.87% and a return on equity of 11.74%. The firm’s revenue for the quarter was down 49.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.26 earnings per share. As a group, research analysts anticipate that Southwestern Energy will post 0.61 EPS for the current year.

Southwestern Energy Company Profile

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs) in the United States. It operates through two segments, Exploration and Production, and Marketing. The company focuses on the development of unconventional natural gas and oil reservoirs located in Pennsylvania, West Virginia, Ohio, and Louisiana.