River Global Investors LLP Sells 164,563 Shares of Southwestern Energy (NYSE:SWN)

River Global Investors LLP cut its stake in Southwestern Energy (NYSE:SWN) by 47.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 185,719 shares of the energy company’s stock after selling 164,563 shares during the period. River Global Investors LLP’s holdings in Southwestern Energy were worth $1,214,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Parkside Financial Bank & Trust increased its position in shares of Southwestern Energy by 481.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 4,655 shares of the energy company’s stock worth $30,000 after acquiring an additional 3,854 shares during the period. Quantbot Technologies LP purchased a new position in Southwestern Energy during the 3rd quarter worth $39,000. Lindbrook Capital LLC raised its position in Southwestern Energy by 30.2% during the 4th quarter. Lindbrook Capital LLC now owns 6,747 shares of the energy company’s stock valued at $44,000 after purchasing an additional 1,564 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Southwestern Energy by 555.0% in the 4th quarter. International Assets Investment Management LLC now owns 7,624 shares of the energy company’s stock worth $50,000 after buying an additional 6,460 shares during the period. Finally, Headlands Technologies LLC grew its position in shares of Southwestern Energy by 244.2% during the 3rd quarter. Headlands Technologies LLC now owns 8,420 shares of the energy company’s stock worth $54,000 after buying an additional 5,974 shares in the last quarter. Hedge funds and other institutional investors own 86.97% of the company’s stock.

Southwestern Energy Stock Down 1.9 %

NYSE:SWN traded down $0.14 during mid-day trading on Friday, hitting $7.08. 22,590,598 shares of the company’s stock traded hands, compared to its average volume of 13,220,767. The company has a fifty day moving average of $7.29 and a 200 day moving average of $6.88. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.82 and a current ratio of 0.82. Southwestern Energy has a twelve month low of $4.57 and a twelve month high of $7.80. The company has a market capitalization of $7.81 billion, a P/E ratio of -4.07 and a beta of 1.15.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings data on Thursday, May 2nd. The energy company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.01). The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.29 billion. Southwestern Energy had a negative net margin of 32.93% and a positive return on equity of 8.31%. The business’s revenue was down 33.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.31 EPS. On average, analysts forecast that Southwestern Energy will post 0.57 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Susquehanna lifted their price objective on Southwestern Energy from $7.00 to $7.50 and gave the company a “neutral” rating in a report on Monday, April 22nd. Seaport Res Ptn cut shares of Southwestern Energy from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 31st. StockNews.com assumed coverage on shares of Southwestern Energy in a research note on Sunday, April 28th. They set a “hold” rating on the stock. Scotiabank downgraded shares of Southwestern Energy from a “sector outperform” rating to a “sector perform” rating and boosted their price objective for the stock from $9.00 to $9.50 in a research note on Thursday, April 11th. Finally, UBS Group increased their target price on Southwestern Energy from $6.00 to $6.25 and gave the company a “neutral” rating in a research report on Thursday, January 18th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Southwestern Energy currently has a consensus rating of “Hold” and an average price target of $8.14.

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.