Southwestern Energy (NYSE:SWN) Stock Holdings Lifted by UBS Group AG

UBS Group AG raised its stake in Southwestern Energy (NYSE:SWNGet Rating) by 12,435.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,892,452 shares of the energy company’s stock after buying an additional 4,853,423 shares during the period. UBS Group AG owned approximately 0.44% of Southwestern Energy worth $30,578,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Diversified Trust Co bought a new position in shares of Southwestern Energy in the second quarter valued at $63,000. Moloney Securities Asset Management LLC bought a new position in shares of Southwestern Energy in the second quarter valued at $63,000. Lazard Asset Management LLC increased its holdings in shares of Southwestern Energy by 2,052.3% in the first quarter. Lazard Asset Management LLC now owns 9,470 shares of the energy company’s stock valued at $67,000 after buying an additional 9,030 shares in the last quarter. Gunderson Capital Management Inc. bought a new position in shares of Southwestern Energy in the second quarter valued at $68,000. Finally, Steward Partners Investment Advisory LLC increased its holdings in shares of Southwestern Energy by 501.9% in the second quarter. Steward Partners Investment Advisory LLC now owns 10,913 shares of the energy company’s stock valued at $68,000 after buying an additional 9,100 shares in the last quarter. Institutional investors own 82.32% of the company’s stock.

Southwestern Energy Stock Up 0.6 %

SWN stock opened at $7.22 on Thursday. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 3.43. Southwestern Energy has a 1 year low of $3.81 and a 1 year high of $9.87. The company has a fifty day simple moving average of $6.77 and a 200 day simple moving average of $7.11. The firm has a market cap of $8.05 billion, a PE ratio of 5.31 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 (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $2.52 billion. During the same quarter in the previous year, the business earned $0.24 EPS. Southwestern Energy’s quarterly revenue was up 184.2% compared to the same quarter last year. Sell-side analysts anticipate that Southwestern Energy will post 1.34 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

SWN has been the topic of several research reports. StockNews.com initiated coverage on shares of Southwestern Energy in a research report on Wednesday, October 12th. They set a “hold” rating on the stock. Citigroup lifted their price objective on shares of Southwestern Energy from $8.00 to $10.00 and gave the stock a “buy” rating in a research report on Wednesday, September 21st. Morgan Stanley lowered their price objective on shares of Southwestern Energy from $8.00 to $7.50 and set an “equal weight” rating on the stock in a research report on Monday, August 29th. Truist Financial upgraded shares of Southwestern Energy from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $7.00 to $11.00 in a research report on Monday, October 3rd. Finally, Jefferies Financial Group initiated coverage on shares of Southwestern Energy in a research report on Wednesday, October 19th. They set a “buy” rating and a $11.00 price objective on the stock. Six analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $10.16.

Southwestern Energy Company 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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