Southwestern Energy (NYSE:SWN) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lowered its holdings in Southwestern Energy (NYSE:SWNGet Rating) by 78.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,429 shares of the energy company’s stock after selling 158,014 shares during the period. Los Angeles Capital Management LLC’s holdings in Southwestern Energy were worth $265,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in SWN. Assenagon Asset Management S.A. acquired a new stake in shares of Southwestern Energy in the second quarter worth $92,102,000. BlackRock Inc. boosted its stake in shares of Southwestern Energy by 8.8% in the first quarter. BlackRock Inc. now owns 168,740,952 shares of the energy company’s stock valued at $1,209,872,000 after purchasing an additional 13,696,595 shares during the period. Invesco Ltd. boosted its stake in shares of Southwestern Energy by 269.1% in the first quarter. Invesco Ltd. now owns 13,958,070 shares of the energy company’s stock valued at $100,079,000 after purchasing an additional 10,175,992 shares during the period. State Street Corp boosted its stake in shares of Southwestern Energy by 21.5% in the first quarter. State Street Corp now owns 55,933,972 shares of the energy company’s stock valued at $401,047,000 after purchasing an additional 9,882,224 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of Southwestern Energy by 7.9% in the first quarter. Vanguard Group Inc. now owns 128,222,158 shares of the energy company’s stock valued at $919,352,000 after purchasing an additional 9,410,861 shares during the period. Institutional investors and hedge funds own 82.32% of the company’s stock.

Southwestern Energy Trading Up 1.2 %

Southwestern Energy stock opened at $6.99 on Friday. The firm’s 50-day moving average is $6.86 and its 200-day moving average is $7.15. The company has a debt-to-equity ratio of 3.43, a quick ratio of 0.37 and a current ratio of 0.37. Southwestern Energy has a 1 year low of $3.81 and a 1 year high of $9.87. The company has a market cap of $7.79 billion, a P/E ratio of 5.14 and a beta of 1.26.

Southwestern Energy (NYSE:SWNGet Rating) last released its quarterly earnings data on Friday, October 28th. The energy company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01. Southwestern Energy had a net margin of 8.98% and a return on equity of 122.25%. The business had revenue of $4.54 billion for the quarter, compared to analysts’ expectations of $2.52 billion. During the same quarter last year, the company earned $0.24 EPS. The company’s revenue for the quarter was up 184.2% compared to the same quarter last year. On average, equities analysts expect that Southwestern Energy will post 1.34 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on SWN. Raymond James decreased their target price on shares of Southwestern Energy from $10.50 to $9.00 and set an “outperform” rating for the company in a research note on Monday, October 24th. Jefferies Financial Group began coverage on shares of Southwestern Energy in a research note on Wednesday, October 19th. They issued a “buy” rating and a $11.00 target price for the company. Royal Bank of Canada upped their target price on shares of Southwestern Energy from $9.00 to $10.00 and gave the company a “sector perform” rating in a research note on Monday, August 15th. Bank of America upgraded shares of Southwestern Energy from a “neutral” rating to a “buy” rating and increased their price objective for the company from $11.00 to $13.00 in a research note on Tuesday, July 19th. Finally, Citigroup increased their price objective on shares of Southwestern Energy from $8.00 to $10.00 and gave the company a “buy” rating in a research note on Wednesday, September 21st. Seven analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $9.91.

Southwestern Energy Profile

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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.

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

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