Ameriprise Financial Inc. boosted its holdings in shares of Southwestern Energy Company (NYSE:SWN) by 85.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,570,697 shares of the energy company’s stock after purchasing an additional 724,639 shares during the quarter. Ameriprise Financial Inc. owned about 0.32% of Southwestern Energy worth $9,550,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Public Employees Retirement Association of Colorado raised its stake in Southwestern Energy by 0.4% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 92,056 shares of the energy company’s stock valued at $560,000 after purchasing an additional 341 shares during the period. Advantus Capital Management Inc raised its stake in Southwestern Energy by 1.8% during the 1st quarter. Advantus Capital Management Inc now owns 50,051 shares of the energy company’s stock valued at $409,000 after purchasing an additional 863 shares during the period. Comerica Bank raised its stake in Southwestern Energy by 0.8% during the 1st quarter. Comerica Bank now owns 152,631 shares of the energy company’s stock valued at $1,171,000 after purchasing an additional 1,149 shares during the period. Clearbridge Investments LLC raised its stake in Southwestern Energy by 4.8% during the 1st quarter. Clearbridge Investments LLC now owns 29,300 shares of the energy company’s stock valued at $239,000 after purchasing an additional 1,349 shares during the period. Finally, United Services Automobile Association raised its stake in Southwestern Energy by 0.9% during the 1st quarter. United Services Automobile Association now owns 156,079 shares of the energy company’s stock valued at $1,275,000 after purchasing an additional 1,416 shares during the period. 89.54% of the stock is currently owned by institutional investors.

Southwestern Energy Company (NYSE:SWN) opened at 5.71 on Friday. Southwestern Energy Company has a 52-week low of $5.00 and a 52-week high of $13.02. The stock’s 50 day moving average price is $5.82 and its 200 day moving average price is $6.32. The company’s market cap is $2.84 billion.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings results on Thursday, August 3rd. The energy company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.08). Southwestern Energy had a negative net margin of 9.46% and a positive return on equity of 25.19%. The company had revenue of $811.00 million during the quarter, compared to analyst estimates of $810.00 million. During the same period in the prior year, the business posted ($0.09) EPS. Southwestern Energy’s revenue for the quarter was up 55.4% compared to the same quarter last year. Analysts expect that Southwestern Energy Company will post $0.51 earnings per share for the current year.

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SWN has been the topic of several recent analyst reports. BMO Capital Markets reissued a “buy” rating and set a $8.00 target price on shares of Southwestern Energy in a research note on Tuesday, June 27th. BidaskClub raised Southwestern Energy from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 27th. Scotiabank set a $9.00 target price on Southwestern Energy and gave the company a “hold” rating in a research note on Saturday, July 1st. Barclays PLC reissued a “hold” rating and set a $6.00 target price on shares of Southwestern Energy in a research note on Friday, July 7th. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $10.00 target price on shares of Southwestern Energy in a research note on Friday, July 14th. Five analysts have rated the stock with a sell rating, fourteen have given a hold rating and seven have assigned a buy rating to the company. Southwestern Energy currently has a consensus rating of “Hold” and an average price target of $11.60.

Southwestern Energy Company Profile

Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.

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

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