Southwestern Energy (SWN) Position Trimmed by Systematic Financial Management LP

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Systematic Financial Management LP decreased its position in shares of Southwestern Energy (NYSE:SWN) by 5.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 304,355 shares of the energy company’s stock after selling 18,195 shares during the quarter. Systematic Financial Management LP’s holdings in Southwestern Energy were worth $1,427,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of SWN. FMR LLC raised its stake in Southwestern Energy by 59.2% during the fourth quarter. FMR LLC now owns 78,005,226 shares of the energy company’s stock worth $265,998,000 after acquiring an additional 28,992,566 shares in the last quarter. Norges Bank acquired a new stake in Southwestern Energy during the 4th quarter valued at approximately $29,967,000. Dimensional Fund Advisors LP increased its position in Southwestern Energy by 15.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 30,097,406 shares of the energy company’s stock valued at $102,636,000 after purchasing an additional 4,004,463 shares during the period. Nuveen Asset Management LLC bought a new position in shares of Southwestern Energy during the 4th quarter worth approximately $10,207,000. Finally, LSV Asset Management boosted its holdings in shares of Southwestern Energy by 58.7% during the 4th quarter. LSV Asset Management now owns 5,718,300 shares of the energy company’s stock worth $19,499,000 after buying an additional 2,114,500 shares in the last quarter. 94.63% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE SWN traded down $0.04 during mid-day trading on Friday, hitting $4.03. 96,530 shares of the stock traded hands, compared to its average volume of 16,677,955. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.77. Southwestern Energy has a 52 week low of $3.23 and a 52 week high of $6.23. The firm has a market capitalization of $2.22 billion, a PE ratio of 3.96 and a beta of 1.22.

Southwestern Energy (NYSE:SWN) last released its quarterly earnings results on Thursday, February 28th. The energy company reported $0.31 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by ($0.03). Southwestern Energy had a net margin of 23.47% and a return on equity of 23.46%. The firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1 billion. On average, research analysts anticipate that Southwestern Energy will post 0.78 earnings per share for the current year.

A number of equities research analysts recently commented on SWN shares. Mitsubishi UFJ Financial Group lowered their price target on Southwestern Energy to $5.00 and set a “neutral” rating for the company in a research report on Friday, February 8th. Morgan Stanley set a $4.00 target price on Southwestern Energy and gave the stock a “sell” rating in a research note on Tuesday, January 29th. B. Riley set a $7.00 price target on Southwestern Energy and gave the company a “buy” rating in a research report on Friday, January 18th. Zacks Investment Research downgraded Southwestern Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, February 13th. Finally, Wolfe Research downgraded Southwestern Energy from a “peer perform” rating to an “underperform” rating in a research report on Thursday, April 18th. Five equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $5.66.

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

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