Southwestern Energy (SWN) Shares Sold by DFT Energy LP

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DFT Energy LP cut its stake in Southwestern Energy (NYSE:SWN) by 57.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,375,000 shares of the energy company’s stock after selling 1,845,000 shares during the quarter. Southwestern Energy comprises approximately 11.1% of DFT Energy LP’s investment portfolio, making the stock its 2nd biggest position. DFT Energy LP owned about 0.24% of Southwestern Energy worth $4,689,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. US Bancorp DE increased its position in shares of Southwestern Energy by 222.5% during the 2nd quarter. US Bancorp DE now owns 23,962 shares of the energy company’s stock worth $127,000 after purchasing an additional 16,533 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Southwestern Energy by 103.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 14,598,144 shares of the energy company’s stock worth $77,371,000 after purchasing an additional 7,430,243 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Southwestern Energy by 17.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 83,167 shares of the energy company’s stock worth $440,000 after purchasing an additional 12,125 shares during the last quarter. FMR LLC increased its position in shares of Southwestern Energy by 22.1% during the 2nd quarter. FMR LLC now owns 15,484,858 shares of the energy company’s stock worth $82,070,000 after purchasing an additional 2,798,500 shares during the last quarter. Finally, BlueMountain Capital Management LLC increased its position in shares of Southwestern Energy by 290.0% during the 2nd quarter. BlueMountain Capital Management LLC now owns 167,089 shares of the energy company’s stock worth $886,000 after purchasing an additional 124,248 shares during the last quarter. 96.89% of the stock is owned by institutional investors and hedge funds.

SWN has been the subject of a number of research analyst reports. Zacks Investment Research restated a “buy” rating and set a $5.75 target price on shares of Southwestern Energy in a report on Friday, November 16th. Bank of America cut Southwestern Energy from a “neutral” rating to an “underperform” rating in a report on Friday, January 4th. MKM Partners initiated coverage on Southwestern Energy in a report on Wednesday, December 5th. They set a “buy” rating and a $6.00 target price for the company. Morgan Stanley cut Southwestern Energy to a “sell” rating and set a $3.00 target price for the company. in a report on Wednesday, September 26th. Finally, Capital One Financial cut Southwestern Energy from an “overweight” rating to an “underweight” rating in a report on Thursday, December 20th. Nine analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $5.80.

In other news, SVP Jennifer N. Mccauley sold 10,850 shares of Southwestern Energy stock in a transaction dated Tuesday, November 6th. The stock was sold at an average price of $5.88, for a total value of $63,798.00. Following the completion of the transaction, the senior vice president now owns 30,799 shares in the company, valued at approximately $181,098.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.70% of the company’s stock.

Shares of SWN traded up $0.04 during midday trading on Monday, hitting $4.39. The company had a trading volume of 374,335 shares, compared to its average volume of 21,680,834. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.69 and a current ratio of 0.69. The stock has a market capitalization of $2.54 billion, a PE ratio of 10.00 and a beta of 0.95. Southwestern Energy has a 1 year low of $3.23 and a 1 year high of $6.23.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings data on Thursday, October 25th. The energy company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.04. The business had revenue of $951.00 million during the quarter, compared to analysts’ expectations of $889.13 million. Southwestern Energy had a return on equity of 22.07% and a net margin of 14.22%. Analysts predict that Southwestern Energy will post 1 EPS for the current year.

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About Southwestern Energy

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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