Southwestern Energy (NYSE:SWN) Shares Purchased by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC grew its position in shares of Southwestern Energy (NYSE:SWN) by 71.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,169,947 shares of the energy company’s stock after purchasing an additional 486,902 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Southwestern Energy were worth $7,663,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Parkside Financial Bank & Trust grew its holdings in 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 acquired a new stake in Southwestern Energy during the third quarter valued at approximately $39,000. Lindbrook Capital LLC boosted its holdings in Southwestern Energy by 30.2% during the fourth quarter. Lindbrook Capital LLC now owns 6,747 shares of the energy company’s stock worth $44,000 after buying an additional 1,564 shares in the last quarter. International Assets Investment Management LLC grew its position in Southwestern Energy by 555.0% in the fourth 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 last quarter. Finally, Headlands Technologies LLC grew its position in Southwestern Energy by 244.2% in the third 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 during the last quarter. Institutional investors own 86.97% of the company’s stock.

Southwestern Energy Stock Performance

SWN stock opened at $7.08 on Friday. The firm has a 50 day simple moving average of $7.29 and a 200 day simple moving average of $6.88. Southwestern Energy has a 52 week low of $4.57 and a 52 week high of $7.80. The stock has a market cap of $7.81 billion, a P/E ratio of -4.07 and a beta of 1.15. 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 (NYSE:SWN) last released its earnings results on Thursday, May 2nd. The energy company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.01). Southwestern Energy had a positive return on equity of 8.31% and a negative net margin of 32.93%. The company had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the previous year, the company earned $0.31 EPS. The firm’s quarterly revenue was down 33.1% compared to the same quarter last year. Research analysts anticipate that Southwestern Energy will post 0.57 earnings per share for the current fiscal year.

Analyst Ratings Changes

SWN has been the subject of a number of recent research reports. Mizuho upgraded Southwestern Energy from an “underperform” rating to a “neutral” rating and increased their price objective for the company from $6.00 to $9.00 in a research report on Monday, February 26th. Stifel Nicolaus upped their target price on Southwestern Energy from $6.60 to $7.60 and gave the company a “hold” rating in a report on Tuesday, April 23rd. StockNews.com started coverage on Southwestern Energy in a research note on Sunday, April 28th. They issued a “hold” rating on the stock. Susquehanna upped their price objective on shares of Southwestern Energy from $7.00 to $7.50 and gave the company a “neutral” rating in a research note on Monday, April 22nd. Finally, Citigroup raised their target price on shares of Southwestern Energy from $8.00 to $8.24 and gave the stock a “buy” rating in a report on Friday, January 12th. One equities 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 data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $8.14.

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.