Southwestern Energy (NYSE:SWN) Stock Position Lifted by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. lifted its holdings in Southwestern Energy (NYSE:SWN) by 5.8% in the 4th quarter, HoldingsChannel reports. The firm owned 79,883 shares of the energy company’s stock after purchasing an additional 4,404 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Southwestern Energy were worth $523,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. SG Americas Securities LLC grew its stake in shares of Southwestern Energy by 157.0% in the fourth quarter. SG Americas Securities LLC now owns 138,909 shares of the energy company’s stock worth $910,000 after purchasing an additional 84,869 shares in the last quarter. Advisor Resource Council bought a new position in shares of Southwestern Energy in the fourth quarter worth $1,104,000. Kimmeridge Energy Management Company LLC bought a new position in shares of Southwestern Energy in the fourth quarter worth $120,352,000. Wedmont Private Capital bought a new position in shares of Southwestern Energy in the fourth quarter worth $121,000. Finally, Bartlett & CO. Wealth Management LLC bought a new position in shares of Southwestern Energy in the fourth quarter worth $66,000. Institutional investors own 86.97% of the company’s stock.

Southwestern Energy Stock Performance

Shares of NYSE SWN opened at $7.28 on Friday. 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 market cap of $8.01 billion, a price-to-earnings ratio of 5.16 and a beta of 1.12. The business’s 50-day simple moving average is $7.12 and its 200-day simple moving average is $6.81. Southwestern Energy has a 52 week low of $4.57 and a 52 week high of $7.69.

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

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on SWN shares. UBS Group raised their target price on Southwestern Energy from $6.00 to $6.25 and gave the company a “neutral” rating in a research note on Thursday, January 18th. Citigroup raised their target price on Southwestern Energy from $8.00 to $8.24 and gave the company a “buy” rating in a research note on Friday, January 12th. Mizuho raised Southwestern Energy from an “underperform” rating to a “neutral” rating and raised their target price for the company from $6.00 to $9.00 in a research note on Monday, February 26th. Scotiabank cut Southwestern Energy from a “sector outperform” rating to a “sector perform” rating and raised their target price for the company from $9.00 to $9.50 in a research note on Thursday, April 11th. Finally, Susquehanna raised their target price on Southwestern Energy from $6.50 to $7.00 and gave the company a “neutral” rating in a research note on Monday, March 4th. One analyst has rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Southwestern Energy presently has a consensus rating of “Hold” and an average price target of $8.11.

Southwestern Energy 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.