Rhumbline Advisers grew its stake in Southwestern Energy Company (NYSE:SWN) by 9.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 971,123 shares of the energy company’s stock after purchasing an additional 87,273 shares during the quarter. Rhumbline Advisers owned about 0.19% of Southwestern Energy worth $5,934,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of SWN. Zacks Investment Management bought a new position in Southwestern Energy in the 2nd quarter worth $105,000. Cetera Investment Advisers bought a new position in Southwestern Energy in the 2nd quarter worth $108,000. MML Investors Services LLC increased its stake in shares of Southwestern Energy by 5.3% in the 2nd quarter. MML Investors Services LLC now owns 17,941 shares of the energy company’s stock worth $109,000 after acquiring an additional 900 shares in the last quarter. Partnervest Advisory Services LLC bought a new position in shares of Southwestern Energy in the 2nd quarter worth about $122,000. Finally, Sciencast Management LP bought a new position in shares of Southwestern Energy in the 2nd quarter worth about $126,000. Institutional investors and hedge funds own 88.71% of the company’s stock.

Southwestern Energy Company (NYSE SWN) traded up $0.02 during trading hours on Friday, reaching $6.38. 18,236,014 shares of the company’s stock were exchanged, compared to its average volume of 15,253,918. The company has a market cap of $3,259.03, a price-to-earnings ratio of 15.90 and a beta of 1.22. The company has a debt-to-equity ratio of 2.66, a quick ratio of 1.88 and a current ratio of 1.88. Southwestern Energy Company has a 1-year low of $4.90 and a 1-year high of $12.85.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings results on Thursday, October 26th. The energy company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). The company had revenue of $737.00 million for the quarter, compared to analysts’ expectations of $773.99 million. Southwestern Energy had a net margin of 16.31% and a return on equity of 23.99%. The business’s revenue was up 13.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.03 EPS. sell-side analysts anticipate that Southwestern Energy Company will post 0.45 EPS for the current fiscal year.

Several research analysts recently issued reports on SWN shares. Cowen set a $9.00 price target on shares of Southwestern Energy and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Stifel Nicolaus reiterated a “buy” rating on shares of Southwestern Energy in a research note on Thursday, September 14th. BMO Capital Markets set a $9.00 price target on shares of Southwestern Energy and gave the stock a “buy” rating in a research note on Tuesday, November 14th. Barclays decreased their price target on shares of Southwestern Energy from $6.00 to $5.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 11th. Finally, Piper Jaffray Companies set a $8.00 price target on shares of Southwestern Energy and gave the stock a “hold” rating in a research note on Thursday, August 24th. Six research analysts have rated the stock with a sell rating, fifteen have given a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $11.00.

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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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