Jump Financial LLC Acquires Shares of 104,253 Southwestern Energy (NYSE:SWN)

Jump Financial LLC purchased a new stake in shares of Southwestern Energy (NYSE:SWNFree Report) during the third quarter, Holdings Channel.com reports. The firm purchased 104,253 shares of the energy company’s stock, valued at approximately $672,000.

Other hedge funds have also bought and sold shares of the company. Industrial Alliance Investment Management Inc. acquired a new position in Southwestern Energy during the 4th quarter valued at approximately $34,000. Chilton Capital Management LLC acquired a new position in Southwestern Energy during the 1st quarter valued at approximately $38,000. EverSource Wealth Advisors LLC increased its stake in Southwestern Energy by 554.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 8,574 shares of the energy company’s stock valued at $52,000 after purchasing an additional 7,263 shares in the last quarter. CWM LLC increased its stake in Southwestern Energy by 106.3% during the 2nd quarter. CWM LLC now owns 9,288 shares of the energy company’s stock valued at $56,000 after purchasing an additional 4,785 shares in the last quarter. Finally, Lazard Asset Management LLC boosted its holdings in shares of Southwestern Energy by 2,052.3% in the 1st quarter. Lazard Asset Management LLC now owns 9,470 shares of the energy company’s stock valued at $67,000 after acquiring an additional 9,030 shares during the last quarter. Institutional investors and hedge funds own 88.00% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on SWN. Mizuho downgraded shares of Southwestern Energy from a “neutral” rating to an “underperform” rating and dropped their price objective for the company from $9.00 to $6.00 in a report on Wednesday, January 3rd. Stifel Nicolaus reaffirmed a “hold” rating and issued a $6.60 price objective (down from $8.50) on shares of Southwestern Energy in a report on Tuesday, January 23rd. UBS Group upped their price objective on shares of Southwestern Energy from $6.00 to $6.25 and gave the company a “neutral” rating in a report on Thursday, January 18th. Truist Financial upped their price objective on shares of Southwestern Energy from $9.00 to $10.00 and gave the company a “buy” rating in a report on Monday, November 6th. Finally, Citigroup upped their price objective on shares of Southwestern Energy from $8.00 to $8.24 and gave the company a “buy” rating in a report on Friday, January 12th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $7.59.

Read Our Latest Stock Report on SWN

Southwestern Energy Stock Up 0.2 %

Shares of NYSE SWN opened at $6.41 on Thursday. The company’s 50-day simple moving average is $6.52 and its 200-day simple moving average is $6.59. Southwestern Energy has a 52-week low of $4.57 and a 52-week high of $7.69. The firm has a market cap of $7.05 billion, a price-to-earnings ratio of 1.38 and a beta of 1.11. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.63.

About Southwestern Energy

(Free Report)

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.

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

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