Capital Research Global Investors trimmed its holdings in shares of Southwestern Energy Company (NYSE:SWN) by 37.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 32,358,150 shares of the energy company’s stock after selling 19,320,231 shares during the period. Capital Research Global Investors owned approximately 6.49% of Southwestern Energy worth $196,738,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in SWN. American Century Companies Inc. lifted its holdings in shares of Southwestern Energy by 17.9% during the 1st quarter. American Century Companies Inc. now owns 82,137 shares of the energy company’s stock worth $671,000 after acquiring an additional 12,454 shares during the period. Comerica Bank lifted its holdings in shares of Southwestern Energy by 0.8% during the 1st quarter. Comerica Bank now owns 152,631 shares of the energy company’s stock worth $1,171,000 after acquiring an additional 1,149 shares during the period. UBS Asset Management Americas Inc. lifted its holdings in shares of Southwestern Energy by 1.4% during the 1st quarter. UBS Asset Management Americas Inc. now owns 1,369,661 shares of the energy company’s stock worth $11,190,000 after acquiring an additional 18,930 shares during the period. Sei Investments Co. lifted its holdings in shares of Southwestern Energy by 13.6% during the 1st quarter. Sei Investments Co. now owns 325,371 shares of the energy company’s stock worth $2,659,000 after acquiring an additional 38,858 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Southwestern Energy by 31.3% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 36,938 shares of the energy company’s stock worth $302,000 after acquiring an additional 8,804 shares during the period. 89.55% of the stock is owned by institutional investors.

Shares of Southwestern Energy Company (SWN) traded up 0.408% on Thursday, hitting $6.145. 840,148 shares of the stock traded hands. The stock’s market cap is $3.06 billion. The stock has a 50 day moving average of $5.70 and a 200-day moving average of $6.39. Southwestern Energy Company has a 1-year low of $5.00 and a 1-year high of $14.47.

Southwestern Energy (NYSE:SWN) last released its quarterly earnings data 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). Southwestern Energy had a negative net margin of 9.46% and a positive return on equity of 25.19%. The firm had revenue of $811.00 million during the quarter, compared to analyst estimates of $810.00 million. During the same period in the prior year, the company earned ($0.09) EPS. The business’s quarterly revenue was up 55.4% compared to the same quarter last year. On average, equities research analysts expect that Southwestern Energy Company will post $0.53 EPS for the current year.

A number of equities analysts have recently commented on SWN shares. Royal Bank Of Canada set a $10.00 price objective on shares of Southwestern Energy and gave the stock a “hold” rating in a report on Saturday, June 10th. BMO Capital Markets reaffirmed a “buy” rating and set a $8.00 price objective on shares of Southwestern Energy in a report on Tuesday, June 27th. BidaskClub raised shares of Southwestern Energy from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 27th. Scotiabank set a $9.00 price objective on shares of Southwestern Energy and gave the stock a “hold” rating in a report on Saturday, July 1st. Finally, Barclays PLC reaffirmed a “hold” rating and set a $6.00 price objective on shares of Southwestern Energy in a report on Friday, July 7th. Five analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $11.65.

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Southwestern Energy Company 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.

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

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