Vanguard Personalized Indexing Management LLC Raises Stock Position in Southwestern Energy (NYSE:SWN)

Vanguard Personalized Indexing Management LLC increased its position in shares of Southwestern Energy (NYSE:SWN) by 3.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 115,505 shares of the energy company’s stock after acquiring an additional 3,928 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Southwestern Energy were worth $777,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Virtu Financial LLC raised its position in shares of Southwestern Energy by 517.1% in the second quarter. Virtu Financial LLC now owns 2,478,752 shares of the energy company’s stock worth $16,682,000 after buying an additional 2,077,058 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Southwestern Energy by 21.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 48,926,369 shares of the energy company’s stock worth $329,276,000 after acquiring an additional 8,741,562 shares during the last quarter. Alpine Associates Management Inc. raised its holdings in shares of Southwestern Energy by 62.3% in the 2nd quarter. Alpine Associates Management Inc. now owns 3,314,122 shares of the energy company’s stock valued at $22,304,000 after acquiring an additional 1,272,100 shares in the last quarter. Hardin Capital Partners LLC bought a new stake in shares of Southwestern Energy during the 2nd quarter valued at about $395,000. Finally, Headlands Technologies LLC grew its holdings in shares of Southwestern Energy by 43.1% during the second quarter. Headlands Technologies LLC now owns 21,492 shares of the energy company’s stock worth $145,000 after purchasing an additional 6,472 shares in the last quarter. 86.97% of the stock is currently owned by hedge funds and other institutional investors.

Southwestern Energy Stock Performance

Shares of SWN stock opened at $6.88 on Wednesday. The company has a market capitalization of $7.58 billion, a P/E ratio of -3.95 and a beta of 1.12. Southwestern Energy has a fifty-two week low of $5.85 and a fifty-two week high of $7.80. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.53 and a current ratio of 0.53. The stock has a 50 day moving average price of $6.32 and a two-hundred day moving average price of $6.91.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings results on Thursday, August 1st. The energy company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.12 billion. Southwestern Energy had a negative net margin of 48.91% and a positive return on equity of 10.55%. The firm’s revenue was down 14.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.09 EPS. Analysts expect that Southwestern Energy will post 0.57 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. StockNews.com began coverage on shares of Southwestern Energy in a research report on Wednesday, September 11th. They set a “sell” rating for the company. Scotiabank dropped their price objective on shares of Southwestern Energy from $9.50 to $9.00 and set a “sector perform” rating for the company in a report on Tuesday, August 20th. Susquehanna reduced their target price on Southwestern Energy from $7.00 to $6.50 and set a “neutral” rating on the stock in a research note on Monday, August 19th. Piper Sandler lowered their price target on Southwestern Energy from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, August 15th. Finally, Wolfe Research assumed coverage on Southwestern Energy in a research report on Thursday, July 18th. They set a “peer perform” rating on the stock. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $8.56.

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.