KBC Group NV cut its stake in shares of Southwestern Energy Company (NYSE:SWN) by 61.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 46,842 shares of the energy company’s stock after selling 73,202 shares during the period. KBC Group NV’s holdings in Southwestern Energy were worth $285,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of SWN. Macquarie Group Ltd. raised its stake in Southwestern Energy by 25.3% during the 4th quarter. Macquarie Group Ltd. now owns 9,900 shares of the energy company’s stock valued at $107,000 after acquiring an additional 2,000 shares during the last quarter. Retirement Systems of Alabama raised its stake in Southwestern Energy by 3.5% during the 1st quarter. Retirement Systems of Alabama now owns 240,706 shares of the energy company’s stock valued at $1,967,000 after acquiring an additional 8,084 shares during the last quarter. Sumitomo Mitsui Asset Management Company LTD raised its stake in Southwestern Energy by 18.7% during the 1st quarter. Sumitomo Mitsui Asset Management Company LTD now owns 43,657 shares of the energy company’s stock valued at $356,000 after acquiring an additional 6,865 shares during the last quarter. Wells Fargo & Company MN raised its stake in Southwestern Energy by 8.5% during the 1st quarter. Wells Fargo & Company MN now owns 975,723 shares of the energy company’s stock valued at $7,971,000 after acquiring an additional 76,651 shares during the last quarter. Finally, Canada Pension Plan Investment Board raised its stake in Southwestern Energy by 105.7% during the 1st quarter. Canada Pension Plan Investment Board now owns 198,878 shares of the energy company’s stock valued at $1,625,000 after acquiring an additional 102,199 shares during the last quarter. 89.57% of the stock is owned by hedge funds and other institutional investors.

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Several research firms have issued reports on SWN. Scotiabank set a $9.00 target price on Southwestern Energy and gave the stock a “hold” rating in a research report on Saturday, July 1st. BidaskClub upgraded Southwestern Energy from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 3rd. Zacks Investment Research cut Southwestern Energy from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Royal Bank Of Canada set a $10.00 target price on Southwestern Energy and gave the stock a “hold” rating in a research report on Saturday, June 10th. Finally, Cowen and Company set a $9.00 target price on Southwestern Energy and gave the stock a “buy” rating in a research report on Wednesday, July 19th. Five investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $12.33.

Shares of Southwestern Energy Company (SWN) opened at 5.18 on Friday. The firm’s 50-day moving average price is $5.44 and its 200-day moving average price is $6.62. The firm’s market cap is $2.58 billion. Southwestern Energy Company has a one year low of $5.00 and a one year high of $15.04.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings results on Thursday, August 3rd. The energy company reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by $0.08. The business had revenue of $811 million during the quarter, compared to analyst estimates of $810 million. Southwestern Energy had a positive return on equity of 25.19% and a negative net margin of 9.46%. The company’s quarterly revenue was up 55.4% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.09) EPS. Equities research analysts expect that Southwestern Energy Company will post $0.55 earnings per share for the current fiscal year.

Southwestern Energy Profile

Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.

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Institutional Ownership by Quarter for Southwestern Energy (NYSE:SWN)

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