Southwestern Energy Company (SWN) Shares Bought by Capital World Investors

Capital World Investors raised its holdings in Southwestern Energy Company (NYSE:SWN) by 1.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,944,540 shares of the energy company’s stock after purchasing an additional 121,765 shares during the period. Capital World Investors owned about 1.80% of Southwestern Energy worth $54,383,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of SWN. Comerica Bank grew its holdings in Southwestern Energy by 0.8% in the first quarter. Comerica Bank now owns 152,631 shares of the energy company’s stock valued at $1,171,000 after purchasing an additional 1,149 shares during the period. UBS Asset Management Americas Inc. grew its holdings in Southwestern Energy by 1.4% in the first quarter. UBS Asset Management Americas Inc. now owns 1,369,661 shares of the energy company’s stock valued at $11,190,000 after purchasing an additional 18,930 shares during the period. Ameriprise Financial Inc. grew its holdings in Southwestern Energy by 18.5% in the first quarter. Ameriprise Financial Inc. now owns 846,058 shares of the energy company’s stock valued at $6,912,000 after purchasing an additional 132,258 shares during the period. Mason Street Advisors LLC grew its holdings in Southwestern Energy by 2.5% in the first quarter. Mason Street Advisors LLC now owns 68,815 shares of the energy company’s stock valued at $562,000 after purchasing an additional 1,678 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in Southwestern Energy by 27.7% in the first quarter. Envestnet Asset Management Inc. now owns 41,116 shares of the energy company’s stock valued at $335,000 after purchasing an additional 8,917 shares during the period. 89.55% of the stock is currently owned by institutional investors.

Shares of Southwestern Energy Company (NYSE SWN) opened at 5.93 on Friday. Southwestern Energy Company has a 52-week low of $5.00 and a 52-week high of $14.38. The firm has a 50-day moving average price of $5.75 and a 200-day moving average price of $6.38. The stock’s market cap is $2.95 billion.

Southwestern Energy (NYSE:SWN) last announced its earnings results on Thursday, August 3rd. The energy company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.08). The company had revenue of $811.00 million for the quarter, compared to analyst estimates of $810.00 million. Southwestern Energy had a negative net margin of 9.46% and a positive return on equity of 25.19%. Southwestern Energy’s quarterly revenue was up 55.4% compared to the same quarter last year. During the same quarter last year, the company posted ($0.09) EPS. On average, analysts anticipate that Southwestern Energy Company will post $0.53 EPS for the current fiscal year.

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Several analysts have commented on the company. Citigroup Inc. dropped their price objective on Southwestern Energy from $9.00 to $8.00 and set a “buy” rating on the stock in a report on Friday, July 21st. Royal Bank Of Canada reissued a “hold” rating and issued a $10.00 price objective on shares of Southwestern Energy in a report on Friday, July 14th. Barclays PLC reissued a “hold” rating and issued a $6.00 price objective on shares of Southwestern Energy in a report on Friday, July 7th. Piper Jaffray Companies dropped their price objective on Southwestern Energy from $8.00 to $6.00 and set a “neutral” rating on the stock in a report on Monday, September 18th. Finally, KeyCorp reissued a “hold” rating on shares of Southwestern Energy in a report on Sunday, September 3rd. Five analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have assigned a buy rating to the stock. Southwestern Energy has a consensus rating of “Hold” and a consensus target price of $11.65.

Southwestern Energy Profile

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.

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

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