Susquehanna Fundamental Investments LLC Grows Stake in Southwestern Energy (NYSE:SWN)

Susquehanna Fundamental Investments LLC lifted its position in Southwestern Energy (NYSE:SWN) by 384.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,445,287 shares of the energy company’s stock after buying an additional 1,147,107 shares during the period. Susquehanna Fundamental Investments LLC owned approximately 0.13% of Southwestern Energy worth $9,727,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Millennium Management LLC raised its holdings in Southwestern Energy by 97.0% in the 2nd quarter. Millennium Management LLC now owns 24,923,413 shares of the energy company’s stock worth $167,735,000 after purchasing an additional 12,270,110 shares during the period. Magnetar Financial LLC raised its holdings in Southwestern Energy by 3,468.3% in the 1st quarter. Magnetar Financial LLC now owns 12,360,286 shares of the energy company’s stock worth $93,691,000 after purchasing an additional 12,013,898 shares during the period. KRYGER CAPITAL Ltd bought a new position in Southwestern Energy in the 1st quarter worth $76,543,000. Dimensional Fund Advisors LP raised its holdings 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 purchasing an additional 8,741,562 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its holdings in Southwestern Energy by 14.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 39,364,192 shares of the energy company’s stock worth $298,381,000 after purchasing an additional 4,968,002 shares during the period. 86.97% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on SWN shares. StockNews.com started coverage on Southwestern Energy in a report on Wednesday, September 11th. They issued a “sell” rating on the stock. UBS Group decreased their target price on Southwestern Energy from $7.50 to $7.00 and set a “neutral” rating on the stock in a report on Wednesday, September 18th. Scotiabank decreased their price target on 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 decreased their price target on Southwestern Energy from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, August 15th. Finally, Susquehanna decreased their price target on Southwestern Energy from $7.00 to $6.50 and set a “neutral” rating on the stock in a report on Monday, August 19th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $7.98.

Southwestern Energy Trading Up 2.4 %

Shares of SWN stock opened at $7.15 on Friday. Southwestern Energy has a 12-month low of $5.85 and a 12-month high of $7.80. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 1.01. The stock’s 50-day moving average price is $6.34 and its 200-day moving average price is $6.91. The stock has a market capitalization of $7.89 billion, a price-to-earnings ratio of -4.11 and a beta of 1.12.

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

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.