Outlook Wealth Advisors LLC Cuts Holdings in Southwestern Energy (NYSE:SWN)

Outlook Wealth Advisors LLC lowered its stake in Southwestern Energy (NYSE:SWN) by 18.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,147 shares of the energy company’s stock after selling 4,680 shares during the period. Outlook Wealth Advisors LLC’s holdings in Southwestern Energy were worth $153,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in SWN. CWM LLC lifted its position in shares of Southwestern Energy by 42.5% during the 3rd quarter. CWM LLC now owns 13,238 shares of the energy company’s stock worth $85,000 after purchasing an additional 3,950 shares during the last quarter. SG Americas Securities LLC lifted its holdings in Southwestern Energy by 34.0% during the 3rd quarter. SG Americas Securities LLC now owns 54,040 shares of the energy company’s stock worth $349,000 after buying an additional 13,712 shares during the last quarter. Oak Thistle LLC acquired a new position in shares of Southwestern Energy during the 3rd quarter worth about $657,000. Covenant Partners LLC acquired a new position in Southwestern Energy in the third quarter valued at approximately $93,000. Finally, Raymond James Financial Services Advisors Inc. increased its stake in Southwestern Energy by 118.9% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 75,479 shares of the energy company’s stock valued at $487,000 after purchasing an additional 41,000 shares during the last quarter. Hedge funds and other institutional investors own 86.97% of the company’s stock.

Analyst Ratings Changes

SWN has been the subject of several recent analyst reports. UBS Group boosted their price objective on shares of Southwestern Energy from $6.00 to $6.25 and gave the stock a “neutral” rating in a research report on Thursday, January 18th. Seaport Res Ptn downgraded shares of Southwestern Energy from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st. Mizuho upgraded Southwestern Energy from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $6.00 to $9.00 in a research report on Monday, February 26th. Citigroup upped their target price on Southwestern Energy from $8.00 to $8.24 and gave the company a “buy” rating in a research report on Friday, January 12th. Finally, Susquehanna lifted their price target on Southwestern Energy from $7.00 to $7.50 and gave the stock a “neutral” rating in a research report on Monday, April 22nd. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $8.14.

Southwestern Energy Price Performance

Shares of SWN traded up $0.06 during trading hours on Friday, reaching $7.71. The company had a trading volume of 10,856,903 shares, compared to its average volume of 11,848,269. The company has a market capitalization of $8.49 billion, a price-to-earnings ratio of 5.47 and a beta of 1.12. Southwestern Energy has a 12-month low of $4.57 and a 12-month high of $7.73. The firm has a 50 day simple moving average of $7.24 and a 200-day simple moving average of $6.86. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.67.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings results on Thursday, February 22nd. The energy company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The company had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.29 billion. Southwestern Energy had a net margin of 23.87% and a return on equity of 11.74%. The company’s revenue for the quarter was down 49.9% on a year-over-year basis. During the same period last year, the firm earned $0.26 EPS. Research analysts expect that Southwestern Energy will post 0.57 earnings per share for the current year.

Southwestern Energy Profile

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.