Altshuler Shaham Ltd Sells 3,726 Shares of Southwestern Energy (NYSE:SWN)

Altshuler Shaham Ltd lowered its holdings in shares of Southwestern Energy (NYSE:SWN) by 36.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 6,633 shares of the energy company’s stock after selling 3,726 shares during the period. Altshuler Shaham Ltd’s holdings in Southwestern Energy were worth $43,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Lindbrook Capital LLC raised its stake in Southwestern Energy by 30.2% during the fourth 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. Teacher Retirement System of Texas raised its stake in Southwestern Energy by 0.5% during the third quarter. Teacher Retirement System of Texas now owns 352,696 shares of the energy company’s stock worth $2,275,000 after buying an additional 1,889 shares during the last quarter. Cerity Partners LLC raised its stake in Southwestern Energy by 4.4% during the fourth quarter. Cerity Partners LLC now owns 57,931 shares of the energy company’s stock worth $379,000 after buying an additional 2,443 shares during the last quarter. Fifth Third Bancorp raised its stake in Southwestern Energy by 4.3% during the third quarter. Fifth Third Bancorp now owns 60,359 shares of the energy company’s stock worth $389,000 after buying an additional 2,478 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC raised its stake in Southwestern Energy by 2.6% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 104,805 shares of the energy company’s stock worth $676,000 after buying an additional 2,676 shares during the last quarter. Institutional investors own 86.97% of the company’s stock.

Wall Street Analysts Forecast Growth

SWN has been the subject of a number of analyst reports. UBS Group lifted their target price 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. Citigroup lifted their price target on shares of Southwestern Energy from $8.00 to $8.24 and gave the company a “buy” rating in a research note on Friday, January 12th. Mizuho raised shares of Southwestern Energy from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $6.00 to $9.00 in a research note on Monday, February 26th. StockNews.com initiated coverage on shares of Southwestern Energy in a research note on Monday. They issued a “hold” rating for the company. Finally, Scotiabank downgraded shares of Southwestern Energy from a “sector outperform” rating to a “sector perform” rating and lifted their price target for the company from $9.00 to $9.50 in a research note on Thursday, April 11th. 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $8.14.

Southwestern Energy Stock Down 1.6 %

Shares of NYSE SWN traded down $0.12 during mid-day trading on Wednesday, reaching $7.26. 12,246,998 shares of the company’s stock traded hands, compared to its average volume of 17,011,180. The stock has a market cap of $8.01 billion, a P/E ratio of -4.17 and a beta of 1.15. The business has a 50-day simple moving average of $7.31 and a 200 day simple moving average of $6.88. Southwestern Energy has a 1-year low of $4.67 and a 1-year high of $7.80. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.62 and a quick ratio of 0.62.

Southwestern Energy (NYSE:SWN) last released its quarterly earnings results 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). Southwestern Energy had a positive return on equity of 9.00% and a negative net margin of 32.93%. The firm had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter last year, the firm posted $0.31 earnings per share. The firm’s revenue for the quarter was down 33.1% compared to the same quarter last year. On average, analysts expect that Southwestern Energy will post 0.56 EPS for the current fiscal year.

Southwestern Energy Company 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.