81,245 Shares in Southwestern Energy (NYSE:SWN) Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new position in shares of Southwestern Energy (NYSE:SWN) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 81,245 shares of the energy company’s stock, valued at approximately $547,000.

Several other large investors have also added to or reduced their stakes in the company. Quadrature Capital Ltd purchased a new position in shares of Southwestern Energy in the fourth quarter valued at about $446,000. Kapitalo Investimentos Ltda bought a new stake in shares of Southwestern Energy during the fourth quarter valued at approximately $86,000. Confluence Investment Management LLC purchased a new position in shares of Southwestern Energy in the first quarter worth $660,000. CWM LLC boosted its position in shares of Southwestern Energy by 17.8% during the first quarter. CWM LLC now owns 15,136 shares of the energy company’s stock worth $115,000 after acquiring an additional 2,289 shares during the last quarter. Finally, Rise Advisors LLC purchased a new position in Southwestern Energy during the first quarter valued at $25,000. Hedge funds and other institutional investors own 86.97% of the company’s stock.

Southwestern Energy Price Performance

NYSE SWN opened at $7.11 on Wednesday. The firm has a market capitalization of $7.84 billion, a price-to-earnings ratio of -4.09 and a beta of 1.12. Southwestern Energy has a 52 week low of $5.85 and a 52 week high of $7.80. The company has a fifty day moving average of $6.52 and a two-hundred day moving average of $6.89. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.01.

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

Analyst Ratings Changes

Several research analysts have commented on the stock. Piper Sandler dropped their price objective on shares of Southwestern Energy from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Thursday, August 15th. Wolfe Research began coverage on Southwestern Energy in a research note on Thursday, July 18th. They set a “peer perform” rating for the company. Scotiabank reduced their price objective on Southwestern Energy from $9.50 to $9.00 and set a “sector perform” rating on the stock in a research note on Tuesday, August 20th. Susquehanna lowered their target price on Southwestern Energy from $7.00 to $6.50 and set a “neutral” rating for the company in a research report on Monday, August 19th. Finally, StockNews.com began coverage on shares of Southwestern Energy in a report on Thursday, October 10th. They issued a “sell” rating for the company. One 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. Based on data from MarketBeat.com, Southwestern Energy currently has an average rating of “Hold” and a consensus target price of $7.98.

Southwestern Energy Company 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.