Southwestern Energy (NYSE:SWN) Shares Sold by Headlands Technologies LLC

Headlands Technologies LLC lessened its stake in Southwestern Energy (NYSE:SWN) by 53.4% in the 4th quarter, Holdings Channel reports. The firm owned 3,922 shares of the energy company’s stock after selling 4,498 shares during the period. Headlands Technologies LLC’s holdings in Southwestern Energy were worth $26,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Louisiana State Employees Retirement System acquired a new position in shares of Southwestern Energy in the fourth quarter worth $2,027,000. Los Angeles Capital Management LLC lifted its position in shares of Southwestern Energy by 5,710.7% during the 3rd quarter. Los Angeles Capital Management LLC now owns 683,045 shares of the energy company’s stock worth $4,406,000 after purchasing an additional 671,290 shares during the last quarter. Kimmeridge Energy Management Company LLC purchased a new stake in shares of Southwestern Energy during the 4th quarter worth $120,352,000. American Century Companies Inc. lifted its position in shares of Southwestern Energy by 27.9% during the 3rd quarter. American Century Companies Inc. now owns 1,073,641 shares of the energy company’s stock worth $6,925,000 after purchasing an additional 234,132 shares during the last quarter. Finally, Schroder Investment Management Group lifted its position in shares of Southwestern Energy by 16.0% during the 3rd quarter. Schroder Investment Management Group now owns 2,180,461 shares of the energy company’s stock worth $14,064,000 after purchasing an additional 300,574 shares during the last quarter. Institutional investors and hedge funds own 86.97% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on SWN. Mizuho raised shares of Southwestern Energy from an “underperform” rating to a “neutral” rating and boosted their price target for the company from $6.00 to $9.00 in a research report on Monday, February 26th. Piper Sandler reiterated a “neutral” rating and set a $7.00 price target (down from $8.00) on shares of Southwestern Energy in a research note on Friday, April 19th. Susquehanna upped their target price on shares of Southwestern Energy from $7.00 to $7.50 and gave the stock a “neutral” rating in a research report on Monday, April 22nd. Stifel Nicolaus upped their target price on shares of Southwestern Energy from $6.60 to $7.60 and gave the stock a “hold” rating in a research report on Tuesday, April 23rd. Finally, Citigroup upped their price target on shares of Southwestern Energy from $8.00 to $8.24 and gave the company a “buy” rating in a report on Friday, January 12th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $8.14.

Southwestern Energy Stock Performance

NYSE:SWN opened at $7.23 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.67. The company has a market cap of $7.97 billion, a P/E ratio of 5.13 and a beta of 1.15. Southwestern Energy has a fifty-two week low of $4.57 and a fifty-two week high of $7.80. The firm’s 50 day moving average is $7.28 and its two-hundred day moving average is $6.88.

Southwestern Energy (NYSE:SWN) last released its quarterly earnings data on Thursday, February 22nd. The energy company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.04. Southwestern Energy had a net margin of 23.87% and a return on equity of 11.74%. The company had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the prior year, the business earned $0.26 earnings per share. The business’s quarterly revenue was down 49.9% compared to the same quarter last year. Analysts expect that Southwestern Energy will post 0.57 EPS for the current year.

About Southwestern Energy

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.