FDx Advisors Inc. bought a new stake in shares of Southwestern Energy (NYSE:SWN) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 20,878 shares of the energy company’s stock, valued at approximately $107,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SWN. Great West Life Assurance Co. Can boosted its stake in Southwestern Energy by 11.3% during the 3rd quarter. Great West Life Assurance Co. Can now owns 324,185 shares of the energy company’s stock worth $1,657,000 after purchasing an additional 32,819 shares during the last quarter. D.A. Davidson & CO. boosted its position in shares of Southwestern Energy by 71.2% during the 3rd quarter. D.A. Davidson & CO. now owns 27,691 shares of the energy company’s stock valued at $142,000 after acquiring an additional 11,513 shares during the last quarter. Credit Suisse AG boosted its position in shares of Southwestern Energy by 20.2% during the 3rd quarter. Credit Suisse AG now owns 604,732 shares of the energy company’s stock valued at $3,090,000 after acquiring an additional 101,567 shares during the last quarter. Ontario Teachers Pension Plan Board boosted its position in shares of Southwestern Energy by 20.0% during the 3rd quarter. Ontario Teachers Pension Plan Board now owns 12,014,540 shares of the energy company’s stock valued at $61,394,000 after acquiring an additional 2,000,415 shares during the last quarter. Finally, FMR LLC boosted its position in shares of Southwestern Energy by 216.5% during the 3rd quarter. FMR LLC now owns 49,012,660 shares of the energy company’s stock valued at $250,454,000 after acquiring an additional 33,527,802 shares during the last quarter. 96.91% of the stock is currently owned by institutional investors and hedge funds.

NYSE SWN opened at $4.39 on Monday. Southwestern Energy has a 12 month low of $3.42 and a 12 month high of $6.23. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.69 and a current ratio of 0.69. The stock has a market capitalization of $2.55 billion, a price-to-earnings ratio of 9.98 and a beta of 0.61.

Southwestern Energy (NYSE:SWN) last posted its earnings results on Thursday, October 25th. The energy company reported $0.25 EPS for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.04. Southwestern Energy had a net margin of 14.22% and a return on equity of 22.07%. The company had revenue of $951.00 million for the quarter, compared to analysts’ expectations of $889.13 million. As a group, analysts predict that Southwestern Energy will post 0.96 EPS for the current fiscal year.

SWN has been the topic of several recent research reports. Morgan Stanley cut shares of Southwestern Energy to a “sell” rating and set a $3.00 price target on the stock. in a research report on Wednesday, September 26th. Bank of America raised shares of Southwestern Energy from an “underperform” rating to a “neutral” rating and set a $7.00 price target on the stock in a research report on Tuesday, November 13th. Macquarie set a $7.00 price target on shares of Southwestern Energy and gave the company a “hold” rating in a research report on Wednesday, September 26th. Citigroup boosted their price target on shares of Southwestern Energy from $5.00 to $6.00 and gave the company a “neutral” rating in a research report on Monday, August 13th. Finally, Johnson Rice cut shares of Southwestern Energy from a “buy” rating to an “accumulate” rating in a research report on Wednesday, August 15th. Seven investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $5.80.

In other Southwestern Energy news, SVP Jennifer N. Mccauley sold 10,850 shares of the company’s stock in a transaction dated Tuesday, November 6th. The shares were sold at an average price of $5.88, for a total value of $63,798.00. Following the transaction, the senior vice president now owns 30,799 shares of the company’s stock, valued at $181,098.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.70% of the company’s stock.

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About Southwestern Energy

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 Marcellus Shale, an unconventional natural gas reservoir covering approximately 191,226 net acres in Northeast Appalachia; Marcellus Shale, Utica, and Upper Devonian unconventional natural gas and oil reservoirs covering approximately 290,291 net acres in Southwest Appalachia; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 917,842 net acres in Arkansas.

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

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