UBS Group AG Acquires 1,095,928 Shares of Southwestern Energy (NYSE:SWN)

UBS Group AG increased its holdings in shares of Southwestern Energy (NYSE:SWN – Get Rating) by 276.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,492,474 shares of the energy company’s stock after buying an additional 1,095,928 shares during the period. UBS Group AG owned 0.13% of Southwestern Energy worth $8,731,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Spire Wealth Management bought a new stake in Southwestern Energy in the fourth quarter valued at approximately $30,000. IFP Advisors Inc increased its stake in Southwestern Energy by 201.0% in the third quarter. IFP Advisors Inc now owns 2,829 shares of the energy company’s stock valued at $34,000 after purchasing an additional 1,889 shares in the last quarter. Quadrant Capital Group LLC increased its stake in Southwestern Energy by 61.9% in the third quarter. Quadrant Capital Group LLC now owns 5,583 shares of the energy company’s stock valued at $34,000 after purchasing an additional 2,134 shares in the last quarter. International Assets Investment Management LLC bought a new stake in Southwestern Energy in the fourth quarter valued at approximately $41,000. Finally, Tobam increased its stake in Southwestern Energy by 93.1% in the fourth quarter. Tobam now owns 7,503 shares of the energy company’s stock valued at $44,000 after purchasing an additional 3,617 shares in the last quarter. 82.26% of the stock is owned by institutional investors.

Southwestern Energy Stock Down 1.3 %

NYSE:SWN opened at $5.24 on Wednesday. The firm’s 50 day simple moving average is $4.99 and its 200 day simple moving average is $5.57. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.55 and a quick ratio of 0.55. Southwestern Energy has a one year low of $4.57 and a one year high of $9.87. The company has a market cap of $5.77 billion, a PE ratio of 0.90 and a beta of 1.31.

Southwestern Energy (NYSE:SWN – Get Rating) last posted its earnings results on Friday, April 28th. The energy company reported $0.31 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $2.36 billion. During the same period last year, the company earned $0.40 EPS. The firm’s revenue was down 28.0% compared to the same quarter last year. On average, research analysts anticipate that Southwestern Energy will post 0.7 earnings per share for the current year.

Wall Street Analyst Weigh In

SWN has been the subject of several research analyst reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $9.00 price target on shares of Southwestern Energy in a report on Tuesday, March 7th. Truist Financial dropped their price objective on shares of Southwestern Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a research report on Monday, February 27th. Piper Sandler dropped their price objective on shares of Southwestern Energy from $9.00 to $8.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 19th. 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 report on Wednesday, January 25th. Finally, BMO Capital Markets lowered their price target on shares of Southwestern Energy from $7.00 to $6.00 and set a “market perform” rating on the stock in a research report on Monday, March 13th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $7.94.

Southwestern Energy Profile

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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.