Disciplined Growth Investors Inc. MN Sells 95,122 Shares of Southwestern Energy (SWN)

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Disciplined Growth Investors Inc. MN lowered its stake in Southwestern Energy (NYSE:SWN) by 0.8% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,392,448 shares of the energy company’s stock after selling 95,122 shares during the quarter. Disciplined Growth Investors Inc. MN’s holdings in Southwestern Energy were worth $65,680,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of the stock. Mutual Advisors LLC raised its position in shares of Southwestern Energy by 49.1% in the 2nd quarter. Mutual Advisors LLC now owns 182,100 shares of the energy company’s stock worth $965,000 after buying an additional 60,000 shares during the period. Jafra Capital Management LP purchased a new position in shares of Southwestern Energy in the 2nd quarter worth $2,650,000. Millennium Management LLC raised its position in shares of Southwestern Energy by 17.6% in the 2nd quarter. Millennium Management LLC now owns 11,747,033 shares of the energy company’s stock worth $62,259,000 after buying an additional 1,756,507 shares during the period. Stelliam Investment Management LP raised its position in shares of Southwestern Energy by 15.6% in the 2nd quarter. Stelliam Investment Management LP now owns 29,450,000 shares of the energy company’s stock worth $156,085,000 after buying an additional 3,972,500 shares during the period. Finally, Saba Capital Management L.P. raised its position in shares of Southwestern Energy by 72.7% in the 2nd quarter. Saba Capital Management L.P. now owns 437,994 shares of the energy company’s stock worth $2,321,000 after buying an additional 184,425 shares during the period. 90.83% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Southwestern Energy stock opened at $4.97 on Friday. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.66 and a quick ratio of 0.66. The stock has a market cap of $2.98 billion, a PE ratio of 11.30 and a beta of 0.84. Southwestern Energy has a 1-year low of $3.42 and a 1-year high of $6.72.

Southwestern Energy (NYSE:SWN) last announced its earnings results on Thursday, August 2nd. The energy company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.02. The company had revenue of $816.00 million during the quarter, compared to the consensus estimate of $809.41 million. Southwestern Energy had a return on equity of 17.78% and a net margin of 18.37%. The company’s revenue was up .6% on a year-over-year basis. During the same period last year, the firm earned $0.08 earnings per share. analysts predict that Southwestern Energy will post 0.9 EPS for the current fiscal year.

Several research analysts recently weighed in on SWN shares. Johnson Rice lowered Southwestern Energy from a “buy” rating to an “accumulate” rating in a research report on Wednesday, August 15th. BMO Capital Markets set a $7.00 target price on Southwestern Energy and gave the stock a “buy” rating in a research report on Sunday, August 12th. Zacks Investment Research upgraded Southwestern Energy from a “hold” rating to a “buy” rating and set a $5.75 price target for the company in a report on Tuesday, July 17th. B. Riley increased their price target on Southwestern Energy from $7.85 to $10.00 and gave the company a “buy” rating in a report on Friday, June 22nd. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $4.30 price target on shares of Southwestern Energy in a report on Friday, June 1st. Seven equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and three have given a buy rating to the company’s stock. Southwestern Energy presently has an average rating of “Hold” and an average price target of $5.96.

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 Marcellus Shale, an unconventional natural gas reservoir covering approximately 191,226 net acres in Northeast Appalachia; Marcellus Shale, Utica, and Upper Devonian unconventional natural gas and oil reservoirs covering approximately 290,291 net acres in Southwest Appalachia; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 917,842 net acres in Arkansas.

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

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