Aristeia Capital L.L.C. Makes New $655,000 Investment in Southwestern Energy (NYSE:SWN)

Aristeia Capital L.L.C. acquired a new position in shares of Southwestern Energy (NYSE:SWN) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 97,362 shares of the energy company’s stock, valued at approximately $655,000.

Several other institutional investors have also recently made changes to their positions in SWN. Rise Advisors LLC acquired a new stake in Southwestern Energy during the first quarter valued at $25,000. Pingora Partners LLC purchased a new stake in shares of Southwestern Energy during the 4th quarter worth about $30,000. Fidelis Capital Partners LLC acquired a new stake in shares of Southwestern Energy during the 1st quarter valued at about $43,000. Larson Financial Group LLC increased its stake in shares of Southwestern Energy by 4,752.1% in the 2nd quarter. Larson Financial Group LLC now owns 5,871 shares of the energy company’s stock valued at $40,000 after purchasing an additional 5,750 shares in the last quarter. Finally, Payden & Rygel Investment Group acquired a new position in Southwestern Energy in the 1st quarter worth about $75,000. 86.97% of the stock is owned by hedge funds and other institutional investors.

Southwestern Energy Trading Up 2.4 %

NYSE SWN opened at $6.88 on Tuesday. The firm’s fifty day moving average price is $6.32 and its 200 day moving average price is $6.91. Southwestern Energy has a 12 month low of $5.85 and a 12 month high of $7.80. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.53 and a quick ratio of 0.53. The company has a market capitalization of $7.59 billion, a price-to-earnings ratio of -3.95 and a beta of 1.12.

Southwestern Energy (NYSE:SWN) last issued its quarterly earnings data 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 company had revenue of $1.08 billion for the quarter, compared to analyst estimates 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 quarterly revenue was down 14.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.09 earnings per share. On average, sell-side analysts expect that Southwestern Energy will post 0.57 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on SWN shares. StockNews.com started coverage on shares of Southwestern Energy in a research note on Wednesday, September 11th. They issued a “sell” rating on the stock. UBS Group dropped 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 report on Wednesday, September 18th. Susquehanna cut their target price on shares of Southwestern Energy from $7.00 to $6.50 and set a “neutral” rating for the company in a research note on Monday, August 19th. Piper Sandler decreased their price target on shares of Southwestern Energy from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, August 15th. Finally, Wolfe Research started coverage on Southwestern Energy in a research note on Thursday, July 18th. They set a “peer perform” rating for the company. One research analyst has rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus 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.