Allspring Global Investments Holdings LLC Has $94.31 Million Holdings in Southwestern Energy (NYSE:SWN)

Allspring Global Investments Holdings LLC decreased its position in Southwestern Energy (NYSE:SWN - Free Report) by 2.4% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 14,398,406 shares of the energy company's stock after selling 353,022 shares during the period. Allspring Global Investments Holdings LLC owned about 1.31% of Southwestern Energy worth $94,310,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Pinkerton Retirement Specialists LLC bought a new position in shares of Southwestern Energy in the fourth quarter worth approximately $468,000. Stratos Wealth Advisors LLC grew its holdings in shares of Southwestern Energy by 2.9% in the fourth quarter. Stratos Wealth Advisors LLC now owns 132,659 shares of the energy company's stock worth $869,000 after purchasing an additional 3,708 shares during the last quarter. International Assets Investment Management LLC grew its holdings in shares of Southwestern Energy by 555.0% in the fourth quarter. International Assets Investment Management LLC now owns 7,624 shares of the energy company's stock worth $50,000 after purchasing an additional 6,460 shares during the last quarter. Trust Point Inc. bought a new position in shares of Southwestern Energy in the fourth quarter worth approximately $137,000. Finally, DAVENPORT & Co LLC purchased a new stake in Southwestern Energy in the fourth quarter worth $324,000. Institutional investors own 86.97% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Citigroup upped their price target on shares of Southwestern Energy from $8.00 to $8.24 and gave the stock a "buy" rating in a research note on Friday, January 12th. StockNews.com began coverage on shares of Southwestern Energy in a research report on Thursday, April 4th. They set a "hold" rating for the company. Mizuho raised shares of Southwestern Energy from an "underperform" rating to a "neutral" rating and increased their target price for the stock from $6.00 to $9.00 in a report on Monday, February 26th. Stifel Nicolaus reissued a "hold" rating and issued a $6.60 target price (down from $8.50) on shares of Southwestern Energy in a report on Tuesday, January 23rd. Finally, Susquehanna upped their price target on Southwestern Energy from $6.50 to $7.00 and gave the stock a "neutral" rating in a research note on Monday, March 4th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Southwestern Energy currently has a consensus rating of "Hold" and a consensus target price of $7.86.

Southwestern Energy Stock Performance

NYSE SWN remained flat at $7.54 on Tuesday. The company's stock had a trading volume of 11,762,091 shares, compared to its average volume of 18,016,100. Southwestern Energy has a one year low of $4.57 and a one year high of $7.69. The firm has a fifty day simple moving average of $6.99 and a two-hundred day simple moving average of $6.77. The company has a market cap of $8.31 billion, a PE ratio of 5.35 and a beta of 1.12. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.82 and a quick ratio of 0.82.

Southwestern Energy (NYSE:SWN - Get Free Report) last posted its quarterly earnings data on Thursday, February 22nd. The energy company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.04. The firm had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.29 billion. Southwestern Energy had a return on equity of 11.74% and a net margin of 23.87%. The company's quarterly revenue was down 49.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.26 EPS. Equities research analysts forecast that Southwestern Energy will post 0.67 earnings per share for the current year.

About Southwestern Energy

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs) in the United States. It operates through two segments, Exploration and Production, and Marketing. The company focuses on the development of unconventional natural gas and oil reservoirs located in Pennsylvania, West Virginia, Ohio, and Louisiana.