State Board of Administration of Florida Retirement System cut its holdings in Southwestern Energy (NYSE:SWN) by 14.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 252,301 shares of the energy company’s stock after selling 42,450 shares during the quarter. State Board of Administration of Florida Retirement System’s holdings in Southwestern Energy were worth $426,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SWN. Los Angeles Capital Management & Equity Research Inc. lifted its position in shares of Southwestern Energy by 206.6% during the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 299,025 shares of the energy company’s stock worth $505,000 after purchasing an additional 201,504 shares during the last quarter. GWM Advisors LLC bought a new stake in shares of Southwestern Energy during the first quarter worth $145,000. Victory Capital Management Inc. lifted its position in shares of Southwestern Energy by 374.7% during the first quarter. Victory Capital Management Inc. now owns 1,282,792 shares of the energy company’s stock worth $2,168,000 after purchasing an additional 1,012,553 shares during the last quarter. Natixis Advisors L.P. lifted its position in shares of Southwestern Energy by 101.2% during the first quarter. Natixis Advisors L.P. now owns 1,137,351 shares of the energy company’s stock worth $1,922,000 after purchasing an additional 572,003 shares during the last quarter. Finally, BlackRock Inc. lifted its position in shares of Southwestern Energy by 0.4% during the first quarter. BlackRock Inc. now owns 84,324,244 shares of the energy company’s stock worth $142,508,000 after purchasing an additional 367,390 shares during the last quarter.

Several equities analysts have recently commented on SWN shares. UBS Group raised their price target on Southwestern Energy from $1.80 to $1.90 and gave the company a “neutral” rating in a research note on Tuesday, March 31st. Royal Bank of Canada raised their price target on Southwestern Energy from $3.00 to $3.50 and gave the company a “hold” rating in a research note on Tuesday, April 28th. MKM Partners raised their price target on Southwestern Energy from $2.00 to $3.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. SunTrust Banks raised their price target on Southwestern Energy from $1.00 to $3.00 and gave the company a “hold” rating in a research note on Friday, April 24th. Finally, ValuEngine lowered Southwestern Energy from a “sell” rating to a “strong sell” rating in a research note on Tuesday, March 3rd. Five investment analysts have rated the stock with a sell rating and eleven have issued a hold rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $2.88.

SWN opened at $2.90 on Friday. The business’s 50-day moving average is $2.70 and its two-hundred day moving average is $2.09. Southwestern Energy has a 1 year low of $1.06 and a 1 year high of $3.83. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market capitalization of $1.54 billion, a PE ratio of -1.26 and a beta of 1.59.

Southwestern Energy (NYSE:SWN) last issued its quarterly earnings results on Thursday, April 30th. The energy company reported $0.10 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.07 by $0.03. Southwestern Energy had a positive return on equity of 8.56% and a negative net margin of 47.35%. The business had revenue of $592.00 million for the quarter, compared to analyst estimates of $659.76 million. During the same quarter in the previous year, the firm earned $0.27 earnings per share. The company’s revenue was down 40.2% on a year-over-year basis. As a group, sell-side analysts expect that Southwestern Energy will post 0.21 EPS for the current year.

Southwestern Energy 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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