Thompson Investment Management Inc. boosted its stake in shares of Southwestern Energy Company (NYSE:SWN) by 38.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 68,000 shares of the energy company’s stock after acquiring an additional 18,775 shares during the period. Thompson Investment Management Inc.’s holdings in Southwestern Energy were worth $415,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Russell Investments Group Ltd. increased its stake in shares of Southwestern Energy by 6.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 4,744,841 shares of the energy company’s stock valued at $28,991,000 after purchasing an additional 308,147 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Southwestern Energy by 5.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 6,073,789 shares of the energy company’s stock valued at $37,111,000 after purchasing an additional 304,282 shares during the last quarter. Rhumbline Advisers increased its stake in shares of Southwestern Energy by 9.9% in the 3rd quarter. Rhumbline Advisers now owns 971,123 shares of the energy company’s stock valued at $5,934,000 after purchasing an additional 87,273 shares during the last quarter. New York State Common Retirement Fund increased its stake in shares of Southwestern Energy by 7.0% in the 3rd quarter. New York State Common Retirement Fund now owns 1,298,937 shares of the energy company’s stock valued at $7,937,000 after purchasing an additional 85,073 shares during the last quarter. Finally, Sei Investments Co. increased its stake in shares of Southwestern Energy by 6.9% in the 3rd quarter. Sei Investments Co. now owns 247,413 shares of the energy company’s stock valued at $1,512,000 after purchasing an additional 15,864 shares during the last quarter. Hedge funds and other institutional investors own 89.48% of the company’s stock.

Several equities analysts have recently issued reports on the company. KeyCorp reiterated a “hold” rating on shares of Southwestern Energy in a research note on Friday, November 10th. BMO Capital Markets set a $9.00 price target on Southwestern Energy and gave the company a “buy” rating in a research note on Tuesday. Royal Bank Of Canada reiterated a “hold” rating and issued a $9.00 price target on shares of Southwestern Energy in a research note on Thursday, July 20th. Robert W. Baird reiterated a “hold” rating and issued a $8.00 price target on shares of Southwestern Energy in a research note on Tuesday, September 26th. Finally, Wolfe Research upgraded Southwestern Energy from an “underperform” rating to a “market perform” rating and lifted their price target for the company from $6.00 to $7.00 in a research note on Wednesday, September 20th. Six equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $11.00.

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Shares of Southwestern Energy Company (NYSE:SWN) traded up $0.28 during trading on Friday, reaching $6.38. The company had a trading volume of 4,980,000 shares, compared to its average volume of 16,440,000. Southwestern Energy Company has a twelve month low of $4.90 and a twelve month high of $12.85. The company has a market cap of $3,270.00, a price-to-earnings ratio of 15.32 and a beta of 1.17. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.88 and a quick ratio of 1.88.

Southwestern Energy (NYSE:SWN) last issued its earnings results on Thursday, October 26th. The energy company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). Southwestern Energy had a net margin of 16.31% and a return on equity of 23.99%. The firm had revenue of $737.00 million during the quarter, compared to the consensus estimate of $773.99 million. During the same period in the previous year, the firm earned $0.03 earnings per share. The business’s quarterly revenue was up 13.2% on a year-over-year basis. sell-side analysts predict that Southwestern Energy Company will post 0.48 earnings per share for the current fiscal year.

About Southwestern Energy

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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