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

Vanguard Personalized Indexing Management LLC grew its holdings in shares of Southwestern Energy (NYSE:SWN) by 3.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 115,505 shares of the energy company’s stock after buying 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 SEC filing.

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

Southwestern Energy Price Performance

SWN stock opened at $6.88 on Wednesday. The company has a market cap of $7.58 billion, a price-to-earnings ratio of -3.95 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 business’s 50-day moving average is $6.32 and its two-hundred day moving average is $6.91. Southwestern Energy has a fifty-two week low of $5.85 and a fifty-two week high of $7.80.

Southwestern Energy (NYSE:SWN) last issued its quarterly earnings data 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. The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.12 billion. Southwestern Energy had a negative net margin of 48.91% and a positive return on equity of 10.55%. The business’s quarterly revenue was down 14.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.09 EPS. As a group, analysts forecast that Southwestern Energy will post 0.57 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently issued reports on SWN. Wolfe Research began coverage on shares of Southwestern Energy in a research note on Thursday, July 18th. They issued a “peer perform” rating on the stock. StockNews.com started coverage on shares of Southwestern Energy in a report on Wednesday, September 11th. They set a “sell” rating on the stock. Piper Sandler reduced their price target on shares of Southwestern Energy from $7.00 to $6.00 and set a “neutral” rating for the company in a research report on Thursday, August 15th. Susquehanna lowered their price objective on Southwestern Energy from $7.00 to $6.50 and set a “neutral” rating on the stock in a research report on Monday, August 19th. Finally, Scotiabank reduced their target price on Southwestern Energy from $9.50 to $9.00 and set a “sector perform” rating for the company in a report on Tuesday, August 20th. One equities 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 company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average 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.