Shares of Southwest Gas Holdings Inc (NYSE:SWX) have been assigned a consensus recommendation of “Hold” from the five analysts that are presently covering the company. One equities research analyst has rated the stock with a sell recommendation and four have assigned a hold recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $78.33.

SWX has been the topic of several research reports. Zacks Investment Research lowered shares of Southwest Gas Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, January 11th. Jefferies Group LLC lowered shares of Southwest Gas Holdings from a “hold” rating to an “underperform” rating and set a $65.00 price target on the stock. in a report on Thursday, January 12th. They noted that the move was a valuation call. Finally, Bank of America Corp lowered shares of Southwest Gas Holdings from a “buy” rating to a “neutral” rating and set a $88.00 price target on the stock. in a report on Monday, March 6th. They noted that the move was a valuation call.

A number of large investors have recently bought and sold shares of the company. Ladenburg Thalmann Financial Services Inc. increased its stake in Southwest Gas Holdings by 6.6% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,575 shares of the utilities provider’s stock valued at $120,000 after buying an additional 98 shares in the last quarter. Tributary Capital Management LLC increased its stake in Southwest Gas Holdings by 0.4% in the third quarter. Tributary Capital Management LLC now owns 25,500 shares of the utilities provider’s stock valued at $1,781,000 after buying an additional 100 shares in the last quarter. Federated Investors Inc. PA increased its stake in Southwest Gas Holdings by 0.6% in the fourth quarter. Federated Investors Inc. PA now owns 25,768 shares of the utilities provider’s stock valued at $1,974,000 after buying an additional 161 shares in the last quarter. Systematic Financial Management LP increased its stake in Southwest Gas Holdings by 0.8% in the fourth quarter. Systematic Financial Management LP now owns 23,030 shares of the utilities provider’s stock valued at $1,765,000 after buying an additional 185 shares in the last quarter. Finally, LS Investment Advisors LLC increased its stake in Southwest Gas Holdings by 7.0% in the third quarter. LS Investment Advisors LLC now owns 3,031 shares of the utilities provider’s stock valued at $212,000 after buying an additional 198 shares in the last quarter. Institutional investors and hedge funds own 76.58% of the company’s stock.

Southwest Gas Holdings (NYSE:SWX) traded up 0.10% during trading on Tuesday, reaching $83.43. 419,273 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $83.52 and its 200 day moving average price is $77.63. Southwest Gas Holdings has a 52-week low of $63.50 and a 52-week high of $86.65. The firm has a market cap of $3.97 billion, a P/E ratio of 26.24 and a beta of 0.51.

Southwest Gas Holdings (NYSE:SWX) last announced its quarterly earnings results on Monday, February 27th. The utilities provider reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.01. The company had revenue of $641.53 million for the quarter, compared to analyst estimates of $700.85 million. Southwest Gas Holdings had a net margin of 6.11% and a return on equity of 9.26%. During the same period in the previous year, the firm posted $1.38 EPS. Equities research analysts anticipate that Southwest Gas Holdings will post $3.42 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 1st. Investors of record on Monday, May 15th will be given a dividend of $0.495 per share. The ex-dividend date of this dividend is Thursday, May 11th. This is an increase from Southwest Gas Holdings’s previous quarterly dividend of $0.45. This represents a $1.98 annualized dividend and a yield of 2.37%. Southwest Gas Holdings’s dividend payout ratio (DPR) is currently 56.25%.

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Southwest Gas Holdings Company Profile

Southwest Gas Holdings, Inc, formerly Southwest Gas Corporation, is engaged in the business of purchasing, distributing and transporting natural gas. The Company operates through two segments: natural gas operations and construction services, which includes the operations of the Company’s subsidiary, Centuri Construction Group, Inc (Centuri).

5 Day Chart for NYSE:SWX

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