Crossmark Global Holdings Inc. Has $813,000 Holdings in Southwestern Energy (NYSE:SWN)

Crossmark Global Holdings Inc. increased its holdings in Southwestern Energy (NYSE:SWNFree Report) by 50.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 124,160 shares of the energy company’s stock after buying an additional 41,710 shares during the period. Crossmark Global Holdings Inc.’s holdings in Southwestern Energy were worth $813,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in SWN. Kimmeridge Energy Management Company LLC bought a new stake in shares of Southwestern Energy during the 4th quarter valued at $120,352,000. FMR LLC raised its stake in Southwestern Energy by 32.3% in the third quarter. FMR LLC now owns 39,784,990 shares of the energy company’s stock valued at $256,613,000 after purchasing an additional 9,709,483 shares in the last quarter. Invesco Ltd. lifted its position in Southwestern Energy by 13.7% during the third quarter. Invesco Ltd. now owns 22,735,475 shares of the energy company’s stock worth $146,644,000 after purchasing an additional 2,744,656 shares during the period. Principal Financial Group Inc. grew its stake in Southwestern Energy by 55.8% during the fourth quarter. Principal Financial Group Inc. now owns 6,330,974 shares of the energy company’s stock worth $41,468,000 after buying an additional 2,268,429 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Southwestern Energy by 7.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 29,332,203 shares of the energy company’s stock valued at $192,133,000 after buying an additional 1,924,108 shares during the period. 86.97% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Scotiabank downgraded shares of Southwestern Energy from a “sector outperform” rating to a “sector perform” rating and upped their price target for the stock from $9.00 to $9.50 in a report on Thursday, April 11th. Mizuho raised their target price on Southwestern Energy from $9.00 to $10.00 and gave the company a “neutral” rating in a report on Monday, May 13th. Piper Sandler reissued a “neutral” rating and set a $7.00 price target (down previously from $8.00) on shares of Southwestern Energy in a report on Friday, April 19th. Susquehanna upped their price objective on Southwestern Energy from $7.50 to $8.00 and gave the stock a “neutral” rating in a research report on Thursday, May 16th. Finally, StockNews.com started coverage on Southwestern Energy in a research report on Friday. They issued a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $8.25.

View Our Latest Stock Analysis on Southwestern Energy

Southwestern Energy Stock Up 1.5 %

NYSE:SWN opened at $7.34 on Tuesday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.83. Southwestern Energy has a one year low of $5.13 and a one year high of $7.80. The firm’s 50 day simple moving average is $7.41 and its 200 day simple moving average is $6.96.

Southwestern Energy (NYSE:SWNGet Free Report) last issued its quarterly earnings data on Thursday, May 2nd. The energy company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.01). The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.29 billion. Southwestern Energy had a positive return on equity of 9.00% and a negative net margin of 32.93%. The business’s revenue for the quarter was down 33.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.31 EPS. On average, equities analysts anticipate that Southwestern Energy will post 0.59 EPS for the current fiscal year.

About Southwestern Energy

(Free Report)

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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