NJ State Employees Deferred Compensation Plan maintained its stake in Southwestern Energy Company (NYSE:SWN) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 50,000 shares of the energy company’s stock at the end of the second quarter. NJ State Employees Deferred Compensation Plan’s holdings in Southwestern Energy were worth $304,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. First Manhattan Co. increased its stake in Southwestern Energy by 29.3% in the first quarter. First Manhattan Co. now owns 8,904 shares of the energy company’s stock worth $123,000 after buying an additional 2,020 shares during the last quarter. Macquarie Group Ltd. increased its stake in Southwestern Energy by 25.3% in the fourth quarter. Macquarie Group Ltd. now owns 9,900 shares of the energy company’s stock worth $107,000 after buying an additional 2,000 shares during the last quarter. Cleararc Capital Inc. increased its stake in Southwestern Energy by 2.2% in the first quarter. Cleararc Capital Inc. now owns 12,185 shares of the energy company’s stock worth $100,000 after buying an additional 261 shares during the last quarter. Financial Counselors Inc. acquired a new stake in Southwestern Energy during the first quarter worth approximately $101,000. Finally, Tudor Investment Corp ET AL acquired a new stake in Southwestern Energy during the first quarter worth approximately $102,000. Institutional investors own 93.62% of the company’s stock.

Shares of Southwestern Energy Company (SWN) opened at 5.27 on Thursday. The firm’s market cap is $2.61 billion. Southwestern Energy Company has a 12-month low of $5.00 and a 12-month high of $15.59. The company has a 50-day moving average of $5.76 and a 200 day moving average of $7.18.

Southwestern Energy (NYSE:SWN) last released its quarterly earnings data on Thursday, August 3rd. The energy company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.08. Southwestern Energy had a positive return on equity of 25.19% and a negative net margin of 9.46%. The business had revenue of $811 million during the quarter, compared to analyst estimates of $810 million. During the same period in the previous year, the company earned ($0.09) EPS. Southwestern Energy’s revenue was up 55.4% on a year-over-year basis. Equities research analysts anticipate that Southwestern Energy Company will post $0.60 earnings per share for the current fiscal year.

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A number of research firms have commented on SWN. Scotiabank set a $8.00 price objective on shares of Southwestern Energy and gave the company a “hold” rating in a report on Monday. BidaskClub upgraded shares of Southwestern Energy from a “strong sell” rating to a “sell” rating in a report on Thursday, August 3rd. Royal Bank Of Canada set a $8.00 price objective on shares of Southwestern Energy and gave the company a “hold” rating in a report on Tuesday. Barclays PLC reiterated a “hold” rating and issued a $6.00 price objective on shares of Southwestern Energy in a report on Friday, July 7th. Finally, Zacks Investment Research downgraded shares of Southwestern Energy from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Five investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the company. Southwestern Energy currently has a consensus rating of “Hold” and an average target price of $12.55.

About Southwestern Energy

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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