Cerity Partners LLC Boosts Holdings in Southwestern Energy (NYSE:SWN)

Cerity Partners LLC increased its holdings in Southwestern Energy (NYSE:SWN) by 4.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 57,931 shares of the energy company’s stock after purchasing an additional 2,443 shares during the period. Cerity Partners LLC’s holdings in Southwestern Energy were worth $379,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SWN. Quantbot Technologies LP purchased a new stake in Southwestern Energy during the third quarter valued at about $39,000. International Assets Investment Management LLC boosted its holdings in Southwestern Energy by 555.0% during the 4th quarter. International Assets Investment Management LLC now owns 7,624 shares of the energy company’s stock valued at $50,000 after acquiring an additional 6,460 shares during the period. Headlands Technologies LLC grew its position in 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 acquiring an additional 5,974 shares during the last quarter. Clear Street Markets LLC purchased a new position in Southwestern Energy in the 3rd quarter worth approximately $60,000. Finally, Payden & Rygel Investment Group bought a new stake in Southwestern Energy in the third quarter valued at approximately $64,000. Institutional investors own 86.97% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. StockNews.com started coverage on shares of Southwestern Energy in a report on Saturday, April 20th. They issued a “hold” rating on the stock. Stifel Nicolaus boosted their price objective on shares of Southwestern Energy from $6.60 to $7.60 and gave the company a “hold” rating in a research report on Tuesday. Mizuho raised shares of Southwestern Energy from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $6.00 to $9.00 in a research note on Monday, February 26th. Susquehanna raised their target price on Southwestern Energy from $7.00 to $7.50 and gave the stock a “neutral” rating in a research note on Monday, April 22nd. Finally, Scotiabank downgraded Southwestern Energy from a “sector outperform” rating to a “sector perform” rating and boosted their price target for the company from $9.00 to $9.50 in a report on Thursday, April 11th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $8.14.

Southwestern Energy Trading Up 0.8 %

SWN opened at $7.71 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.67. Southwestern Energy has a 52 week low of $4.57 and a 52 week high of $7.73. The stock has a market cap of $8.49 billion, a PE ratio of 5.47 and a beta of 1.12. The business has a 50 day moving average of $7.24 and a 200-day moving average of $6.86.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings data on Thursday, February 22nd. The energy company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. Southwestern Energy had a return on equity of 11.74% and a net margin of 23.87%. The business had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the prior year, the company earned $0.26 earnings per share. The firm’s quarterly revenue was down 49.9% compared to the same quarter last year. Equities research analysts predict that Southwestern Energy will post 0.57 earnings per share for the current fiscal year.

Southwestern Energy Company 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.