Wells Fargo & Company MN lifted its position in Southwestern Energy (NYSE:SWN) by 7.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 501,793 shares of the energy company’s stock after buying an additional 36,092 shares during the period. Wells Fargo & Company MN’s holdings in Southwestern Energy were worth $3,065,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Zacks Investment Management purchased a new position in shares of Southwestern Energy in the 2nd quarter worth $105,000. Cetera Investment Advisers purchased a new position in shares of Southwestern Energy in the 2nd quarter worth $108,000. MML Investors Services LLC boosted its stake in shares of Southwestern Energy by 5.3% in the 2nd quarter. MML Investors Services LLC now owns 17,941 shares of the energy company’s stock worth $109,000 after buying an additional 900 shares during the last quarter. Sciencast Management LP purchased a new position in shares of Southwestern Energy in the 2nd quarter worth $126,000. Finally, Mariner Wealth Advisors LLC boosted its stake in shares of Southwestern Energy by 2.6% in the 2nd quarter. Mariner Wealth Advisors LLC now owns 21,009 shares of the energy company’s stock worth $128,000 after buying an additional 541 shares during the last quarter. Hedge funds and other institutional investors own 88.52% of the company’s stock.

Shares of Southwestern Energy (NYSE SWN) opened at $5.52 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 2.66. The company has a market capitalization of $2,830.00, a PE ratio of 8.90 and a beta of 1.23. Southwestern Energy has a twelve month low of $4.90 and a twelve month high of $10.45.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings results on Thursday, October 26th. The energy company reported $0.06 EPS for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.01). The business had revenue of $737.00 million for the quarter, compared to the consensus estimate of $773.99 million. Southwestern Energy had a net margin of 10.45% and a return on equity of 10.70%. Southwestern Energy’s revenue was up 13.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.03 earnings per share. equities research analysts predict that Southwestern Energy will post 0.44 EPS for the current year.

Several equities analysts recently weighed in on SWN shares. KeyCorp reiterated a “hold” rating on shares of Southwestern Energy in a research report on Friday, November 10th. Credit Suisse Group started coverage on Southwestern Energy in a research report on Monday, December 11th. They set a “neutral” rating and a $6.00 target price on the stock. Scotiabank set a $8.00 target price on Southwestern Energy and gave the company a “hold” rating in a research report on Saturday, October 21st. Barclays lowered their target price on Southwestern Energy from $6.00 to $5.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 11th. Finally, Stifel Nicolaus reiterated a “buy” rating on shares of Southwestern Energy in a research report on Thursday, September 14th. Four research analysts have rated the stock with a sell rating, fifteen have given a hold rating and seven have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $8.95.

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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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