Private Advisor Group LLC Sells 45,110 Shares of Southwestern Energy (NYSE:SWN)

Private Advisor Group LLC decreased its holdings in Southwestern Energy (NYSE:SWN) by 56.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,443 shares of the energy company’s stock after selling 45,110 shares during the quarter. Private Advisor Group LLC’s holdings in Southwestern Energy were worth $226,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Spire Wealth Management boosted its position in shares of Southwestern Energy by 216.7% during the 4th quarter. Spire Wealth Management now owns 16,047 shares of the energy company’s stock valued at $103,000 after purchasing an additional 10,980 shares in the last quarter. Amalgamated Bank raised its holdings in shares of Southwestern Energy by 3.7% during the fourth quarter. Amalgamated Bank now owns 723,757 shares of the energy company’s stock valued at $4,741,000 after purchasing an additional 25,712 shares during the period. Los Angeles Capital Management LLC boosted its position in shares of Southwestern Energy by 71.3% during the 4th quarter. Los Angeles Capital Management LLC now owns 1,169,947 shares of the energy company’s stock worth $7,663,000 after purchasing an additional 486,902 shares in the last quarter. Natixis Advisors L.P. grew its stake in shares of Southwestern Energy by 3.8% in the 4th quarter. Natixis Advisors L.P. now owns 269,254 shares of the energy company’s stock valued at $1,763,000 after buying an additional 9,807 shares during the period. Finally, Victory Capital Management Inc. increased its position in Southwestern Energy by 73.8% in the 4th quarter. Victory Capital Management Inc. now owns 334,023 shares of the energy company’s stock valued at $2,188,000 after buying an additional 141,858 shares in the last quarter. Institutional investors own 86.97% of the company’s stock.

Southwestern Energy Price Performance

Shares of NYSE SWN opened at $7.39 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $8.15 billion, a PE ratio of -4.25 and a beta of 1.15. The stock’s 50 day moving average price is $7.41 and its 200-day moving average price is $6.91. Southwestern Energy has a twelve month low of $4.72 and a twelve month high of $7.80.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings data on Thursday, May 2nd. The energy company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.01). Southwestern Energy had a positive return on equity of 9.00% and a negative net margin of 32.93%. The business had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the prior year, the firm posted $0.31 EPS. The firm’s revenue for the quarter was down 33.1% on a year-over-year basis. On average, equities analysts anticipate that Southwestern Energy will post 0.59 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on SWN shares. Stifel Nicolaus increased their price target on Southwestern Energy from $6.60 to $7.60 and gave the stock a “hold” rating in a report on Tuesday, April 23rd. Piper Sandler reiterated a “neutral” rating and issued a $7.00 target price (down from $8.00) on shares of Southwestern Energy in a report on Friday, April 19th. StockNews.com started coverage on shares of Southwestern Energy in a research note on Wednesday. They set a “hold” rating for the company. Susquehanna raised their price objective on shares of Southwestern Energy from $7.50 to $8.00 and gave the company a “neutral” rating in a research note on Thursday, May 16th. Finally, Scotiabank downgraded shares of Southwestern Energy from a “sector outperform” rating to a “sector perform” rating and boosted their target price for the stock from $9.00 to $9.50 in a research report on Thursday, April 11th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $8.25.

Southwestern Energy Profile

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.