Squarepoint Ops LLC decreased its position in Southwestern Energy (NYSE:SWN) by 85.4% in the fourth quarter, HoldingsChannel reports. The firm owned 78,228 shares of the energy company’s stock after selling 457,195 shares during the quarter. Squarepoint Ops LLC’s holdings in Southwestern Energy were worth $267,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of SWN. Key Square Capital Management LLC bought a new position in shares of Southwestern Energy during the third quarter valued at $24,233,000. Dimensional Fund Advisors LP increased its holdings in shares of Southwestern Energy by 15.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 30,097,406 shares of the energy company’s stock valued at $102,636,000 after acquiring an additional 4,004,463 shares in the last quarter. LSV Asset Management increased its holdings in shares of Southwestern Energy by 58.7% during the fourth quarter. LSV Asset Management now owns 5,718,300 shares of the energy company’s stock valued at $19,499,000 after acquiring an additional 2,114,500 shares in the last quarter. Vanguard Group Inc increased its holdings in shares of Southwestern Energy by 3.6% during the third quarter. Vanguard Group Inc now owns 52,941,545 shares of the energy company’s stock valued at $270,531,000 after acquiring an additional 1,820,729 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Southwestern Energy by 3.6% during the third quarter. Vanguard Group Inc. now owns 52,941,545 shares of the energy company’s stock valued at $270,531,000 after acquiring an additional 1,820,729 shares in the last quarter. Institutional investors and hedge funds own 94.61% of the company’s stock.
Southwestern Energy stock opened at $4.58 on Wednesday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.13 and a current ratio of 1.13. Southwestern Energy has a one year low of $3.23 and a one year high of $6.23. The firm has a market cap of $2.47 billion, a P/E ratio of 4.49 and a beta of 1.31.
Southwestern Energy (NYSE:SWN) last released its quarterly earnings data on Thursday, February 28th. The energy company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.03). Southwestern Energy had a net margin of 13.90% and a return on equity of 26.15%. The business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1 billion. As a group, equities analysts anticipate that Southwestern Energy will post 0.7 EPS for the current fiscal year.
Several equities analysts have recently weighed in on the company. B. Riley set a $7.00 price target on Southwestern Energy and gave the company a “buy” rating in a report on Friday, January 18th. Morgan Stanley set a $4.00 price target on Southwestern Energy and gave the company a “sell” rating in a report on Tuesday, January 29th. MKM Partners restated a “neutral” rating and set a $4.00 price target on shares of Southwestern Energy in a report on Wednesday, January 16th. Zacks Investment Research upgraded Southwestern Energy from a “hold” rating to a “buy” rating and set a $4.50 price target for the company in a report on Tuesday, February 12th. Finally, Mitsubishi UFJ Financial Group reduced their price target on Southwestern Energy to $5.00 and set a “neutral” rating for the company in a report on Friday, February 8th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $5.61.
Southwestern Energy Company 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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