Rhumbline Advisers lifted its position in shares of Southwestern Energy (NYSE:SWN) by 3.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,817,312 shares of the energy company’s stock after buying an additional 59,866 shares during the quarter. Rhumbline Advisers owned approximately 0.34% of Southwestern Energy worth $3,507,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC raised its stake in shares of Southwestern Energy by 827.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 7,883 shares of the energy company’s stock worth $25,000 after buying an additional 7,033 shares during the last quarter. Wetherby Asset Management Inc. acquired a new position in shares of Southwestern Energy during the 2nd quarter worth $45,000. XR Securities LLC acquired a new position in shares of Southwestern Energy during the 3rd quarter worth $29,000. Signaturefd LLC raised its stake in shares of Southwestern Energy by 325.7% during the 2nd quarter. Signaturefd LLC now owns 16,593 shares of the energy company’s stock worth $52,000 after buying an additional 12,695 shares during the last quarter. Finally, Eidelman Virant Capital acquired a new position in shares of Southwestern Energy during the 2nd quarter worth $63,000.

SWN opened at $2.28 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.72 and a quick ratio of 0.72. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of 2.24, a price-to-earnings-growth ratio of 0.47 and a beta of 1.12. The business has a 50-day moving average of $2.04 and a two-hundred day moving average of $2.66. Southwestern Energy has a 12 month low of $1.56 and a 12 month high of $6.23.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings results on Thursday, October 24th. The energy company reported $0.08 EPS for the quarter, meeting the consensus estimate of $0.08. The company had revenue of $636.00 million during the quarter, compared to analysts’ expectations of $659.81 million. Southwestern Energy had a return on equity of 14.07% and a net margin of 31.37%. The firm’s revenue was down 33.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.25 EPS. Equities research analysts anticipate that Southwestern Energy will post 0.55 earnings per share for the current year.

A number of analysts recently commented on the company. Bank of America set a $2.00 price objective on Southwestern Energy and gave the stock a “sell” rating in a research report on Friday, October 25th. Zacks Investment Research cut Southwestern Energy from a “hold” rating to a “sell” rating and set a $3.00 price objective for the company. in a research report on Monday, July 22nd. Evercore ISI set a $6.00 price objective on Southwestern Energy and gave the stock a “hold” rating in a research report on Wednesday, August 7th. Citigroup lifted their price objective on Southwestern Energy from $2.00 to $2.25 and gave the stock a “neutral” rating in a research report on Monday, September 23rd. Finally, Capital One Financial upgraded Southwestern Energy from an “underweight” rating to an “equal weight” rating in a research report on Friday, October 11th. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $3.35.

Southwestern Energy Company Profile

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the development of unconventional natural gas reservoirs located in Pennsylvania and West Virginia.

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

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