Cwm LLC Acquires 6,463 Shares of Southwestern Energy (NYSE:SWN)

Cwm LLC grew its position in shares of Southwestern Energy (NYSE:SWN) by 42.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,610 shares of the energy company’s stock after buying an additional 6,463 shares during the quarter. Cwm LLC’s holdings in Southwestern Energy were worth $154,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Larson Financial Group LLC lifted its holdings in Southwestern Energy by 4,752.1% in the second quarter. Larson Financial Group LLC now owns 5,871 shares of the energy company’s stock valued at $40,000 after buying an additional 5,750 shares during the period. Fidelis Capital Partners LLC bought a new position in shares of Southwestern Energy in the 1st quarter valued at about $43,000. Choreo LLC acquired a new stake in shares of Southwestern Energy during the 2nd quarter worth about $69,000. Payden & Rygel Investment Group acquired a new stake in shares of Southwestern Energy during the 1st quarter worth about $75,000. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Southwestern Energy by 100.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 13,312 shares of the energy company’s stock worth $86,000 after buying an additional 6,662 shares during the last quarter. 86.97% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have commented on SWN. Scotiabank decreased their target price on shares of Southwestern Energy from $9.50 to $9.00 and set a “sector perform” rating on the stock in a report on Tuesday, August 20th. Piper Sandler reduced their target price on shares of Southwestern Energy from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, August 15th. StockNews.com assumed coverage on shares of Southwestern Energy in a research report on Friday, October 18th. They set a “sell” rating on the stock. UBS Group cut their target price on shares of Southwestern Energy from $7.50 to $7.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 18th. Finally, Susquehanna dropped their price objective on shares of Southwestern Energy from $7.00 to $6.50 and set a “neutral” rating on the stock in a research note on Monday, August 19th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, Southwestern Energy currently has an average rating of “Hold” and an average price target of $7.98.

Southwestern Energy Stock Performance

NYSE SWN opened at $7.11 on Friday. The company has a market capitalization of $7.84 billion, a PE ratio of -4.09 and a beta of 1.12. 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 company has a 50-day simple moving average of $6.65 and a 200 day simple moving average of $6.88. Southwestern Energy has a 52-week low of $5.85 and a 52-week high of $7.80.

Southwestern Energy (NYSE:SWN) last posted its earnings results on Thursday, August 1st. The energy company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.01. Southwestern Energy had a negative net margin of 48.91% and a positive return on equity of 10.55%. The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter last year, the company earned $0.09 earnings per share. The company’s revenue was down 14.7% on a year-over-year basis. On average, research analysts predict that Southwestern Energy will post 0.56 EPS for the current year.

About Southwestern Energy

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.