GAMMA Investing LLC Takes $79,000 Position in Southwestern Energy (NYSE:SWN)

GAMMA Investing LLC acquired a new position in shares of Southwestern Energy (NYSE:SWN) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 12,283 shares of the energy company’s stock, valued at approximately $79,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SWN. Parkside Financial Bank & Trust increased its position in shares of Southwestern Energy by 481.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 4,655 shares of the energy company’s stock worth $30,000 after purchasing an additional 3,854 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of Southwestern Energy in the 3rd quarter worth $39,000. Lindbrook Capital LLC grew its stake in Southwestern Energy by 30.2% during the 4th quarter. Lindbrook Capital LLC now owns 6,747 shares of the energy company’s stock worth $44,000 after buying an additional 1,564 shares during the last quarter. International Assets Investment Management LLC increased its position in Southwestern Energy by 555.0% during the 4th quarter. International Assets Investment Management LLC now owns 7,624 shares of the energy company’s stock valued at $50,000 after buying an additional 6,460 shares in the last quarter. Finally, Headlands Technologies LLC raised its stake in Southwestern Energy by 244.2% in the third quarter. Headlands Technologies LLC now owns 8,420 shares of the energy company’s stock valued at $54,000 after buying an additional 5,974 shares during the last quarter. Hedge funds and other institutional investors own 86.97% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Mizuho upgraded shares of Southwestern Energy from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $6.00 to $9.00 in a report on Monday, February 26th. Stifel Nicolaus upped their price target on shares of Southwestern Energy from $6.60 to $7.60 and gave the company a “hold” rating in a research note on Tuesday, April 23rd. UBS Group lifted their price objective on shares of Southwestern Energy from $6.00 to $6.25 and gave the stock a “neutral” rating in a research note on Thursday, January 18th. Piper Sandler reissued a “neutral” rating and issued a $7.00 target price (down from $8.00) on shares of Southwestern Energy in a research report on Friday, April 19th. Finally, Seaport Res Ptn cut Southwestern Energy from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 31st. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $8.14.

Southwestern Energy Stock Up 0.5 %

SWN opened at $7.75 on Tuesday. The company has a fifty day moving average of $7.26 and a two-hundred day moving average of $6.87. The stock has a market capitalization of $8.54 billion, a price-to-earnings ratio of 5.50 and a beta of 1.12. Southwestern Energy has a fifty-two week low of $4.57 and a fifty-two week high of $7.79. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.82 and a current ratio of 0.82.

Southwestern Energy (NYSE:SWN) last released its quarterly earnings results 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. Southwestern Energy had a return on equity of 11.74% and a net margin of 23.87%. The company had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the prior year, the firm posted $0.26 EPS. Southwestern Energy’s quarterly revenue was down 49.9% compared to the same quarter last year. On average, research analysts expect that Southwestern Energy will post 0.57 earnings per share for the current year.

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.