LifePro Asset Management Acquires New Stake in Southwestern Energy (NYSE:SWN)

LifePro Asset Management acquired a new stake in shares of Southwestern Energy (NYSE:SWN) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 113,879 shares of the energy company’s stock, valued at approximately $646,000.

Other hedge funds also recently bought and sold shares of the company. Rockefeller Capital Management L.P. increased its holdings in shares of Southwestern Energy by 4,435.5% in the 1st quarter. Rockefeller Capital Management L.P. now owns 11,248 shares of the energy company’s stock worth $52,000 after purchasing an additional 11,000 shares in the last quarter. Capital Investment Advisory Services LLC bought a new stake in shares of Southwestern Energy in the 1st quarter worth $57,000. Axiom Investment Management LLC bought a new stake in shares of Southwestern Energy in the 1st quarter worth $59,000. Advisor Partners LLC bought a new stake in shares of Southwestern Energy in the 1st quarter worth $60,000. Finally, GSA Capital Partners LLP bought a new stake in shares of Southwestern Energy in the first quarter worth $80,000. 93.17% of the stock is owned by institutional investors.

Shares of Southwestern Energy stock traded up $0.18 during trading hours on Wednesday, hitting $5.34. The company’s stock had a trading volume of 1,015,986 shares, compared to its average volume of 15,692,731. The business has a 50 day moving average price of $4.78 and a two-hundred day moving average price of $4.79. Southwestern Energy has a 12-month low of $2.18 and a 12-month high of $5.85. The company has a market cap of $5.42 billion, a PE ratio of -2.63 and a beta of 1.44. The company has a debt-to-equity ratio of 4.80, a quick ratio of 0.31 and a current ratio of 0.31.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings data on Wednesday, July 28th. The energy company reported $0.19 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($0.02). Southwestern Energy had a negative net margin of 35.41% and a positive return on equity of 135.54%. The business had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $884.62 million. As a group, research analysts anticipate that Southwestern Energy will post 1.2 earnings per share for the current year.

SWN has been the subject of several research analyst reports. Mizuho reaffirmed a “buy” rating on shares of Southwestern Energy in a report on Friday, September 10th. Susquehanna Bancshares raised Southwestern Energy from a “neutral” rating to a “positive” rating and set a $4.86 price objective for the company in a report on Monday, July 26th. Morgan Stanley lifted their price objective on Southwestern Energy from $5.00 to $6.00 and gave the stock an “equal weight” rating in a report on Friday, June 18th. Wells Fargo & Company lowered their target price on Southwestern Energy from $8.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Monday, August 23rd. Finally, Raymond James lifted their target price on Southwestern Energy from $6.50 to $7.00 and gave the company an “outperform” rating in a research report on Tuesday. Two analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Southwestern Energy presently has an average rating of “Hold” and an average target price of $5.56.

About Southwestern Energy

Southwestern Energy Co is a holding company, which engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs). It operates through the Exploration and Production (E&P), and Marketing segments. The E&P segment includes operations in northeast Pennsylvania, West Virginia, and southwest Pennsylvania, The Marketing segment deals in the marketing and transportation of natural gas, oil and NGLs primarily produced in E&P.

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

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