Commonwealth Equity Services LLC Sells 16,675 Shares of Southwestern Energy (NYSE:SWN)

Commonwealth Equity Services LLC trimmed its position in shares of Southwestern Energy (NYSE:SWN – Get Rating) by 9.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 163,720 shares of the energy company’s stock after selling 16,675 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Southwestern Energy were worth $957,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Profund Advisors LLC lifted its position in Southwestern Energy by 47.1% in the 3rd quarter. Profund Advisors LLC now owns 94,859 shares of the energy company’s stock valued at $581,000 after acquiring an additional 30,365 shares in the last quarter. Veritable L.P. bought a new stake in Southwestern Energy in the 3rd quarter valued at $85,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Southwestern Energy by 55.7% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 176,188 shares of the energy company’s stock valued at $1,078,000 after acquiring an additional 63,008 shares in the last quarter. Park National Corp OH bought a new stake in Southwestern Energy in the 4th quarter valued at $70,000. Finally, Amalgamated Bank lifted its position in Southwestern Energy by 23.1% in the 3rd quarter. Amalgamated Bank now owns 801,685 shares of the energy company’s stock valued at $4,906,000 after acquiring an additional 150,325 shares in the last quarter. 82.26% of the stock is owned by institutional investors.

Southwestern Energy Stock Down 0.9 %

Shares of SWN opened at $5.31 on Tuesday. Southwestern Energy has a 52 week low of $4.57 and a 52 week high of $9.87. The firm has a market cap of $5.85 billion, a P/E ratio of 0.91 and a beta of 1.31. The firm’s 50-day simple moving average is $4.98 and its 200 day simple moving average is $5.58. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.55 and a current ratio of 0.55.

Southwestern Energy (NYSE:SWN – Get Rating) last announced its quarterly earnings results on Friday, April 28th. The energy company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. Southwestern Energy had a net margin of 45.59% and a return on equity of 41.76%. The business had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same quarter in the prior year, the business earned $0.40 EPS. Southwestern Energy’s quarterly revenue was down 28.0% on a year-over-year basis. On average, analysts forecast that Southwestern Energy will post 0.7 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on SWN shares. The Goldman Sachs Group lowered their price target on shares of Southwestern Energy from $7.50 to $6.50 and set a “neutral” rating on the stock in a research note on Wednesday, January 25th. Siebert Williams Shank started coverage on shares of Southwestern Energy in a research note on Monday, April 10th. They issued a “hold” rating and a $6.00 price target on the stock. StockNews.com started coverage on shares of Southwestern Energy in a research note on Thursday, May 18th. They issued a “hold” rating on the stock. Wells Fargo & Company lowered shares of Southwestern Energy from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $6.00 to $5.00 in a research note on Tuesday, April 11th. Finally, UBS Group started coverage on shares of Southwestern Energy in a research note on Wednesday, April 19th. They issued a “neutral” rating and a $5.00 price target on the stock. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $7.94.

About Southwestern Energy

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Southwestern Energy Co is a holding company, which engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs). It operates through the Exploration and Production (E&P), and Marketing segments. The E&P segment includes operations in northeast Pennsylvania, West Virginia, and southwest Pennsylvania, The Marketing segment deals in the marketing and transportation of natural gas, oil and NGLs primarily produced in E&P.