Southwestern Energy (NYSE:SWN) Shares Sold by South Dakota Investment Council

South Dakota Investment Council reduced its position in Southwestern Energy (NYSE:SWN - Free Report) by 66.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 529,895 shares of the energy company's stock after selling 1,070,302 shares during the quarter. South Dakota Investment Council's holdings in Southwestern Energy were worth $3,471,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in SWN. Parkside Financial Bank & Trust raised its holdings in Southwestern Energy by 481.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 4,655 shares of the energy company's stock worth $30,000 after purchasing an additional 3,854 shares in the last quarter. Quantbot Technologies LP bought a new position in Southwestern Energy in the third quarter worth about $39,000. Lindbrook Capital LLC raised its holdings in Southwestern Energy by 30.2% in the fourth quarter. Lindbrook Capital LLC now owns 6,747 shares of the energy company's stock worth $44,000 after purchasing an additional 1,564 shares in the last quarter. International Assets Investment Management LLC increased its holdings in shares of Southwestern Energy by 555.0% during the fourth quarter. International Assets Investment Management LLC now owns 7,624 shares of the energy company's stock valued at $50,000 after acquiring an additional 6,460 shares in the last quarter. Finally, Headlands Technologies LLC increased its holdings in shares of Southwestern Energy by 244.2% during the third quarter. Headlands Technologies LLC now owns 8,420 shares of the energy company's stock valued at $54,000 after acquiring an additional 5,974 shares in the last quarter. 86.97% of the stock is currently owned by institutional investors.

Southwestern Energy Price Performance

NYSE SWN traded up $0.06 during mid-day trading on Thursday, hitting $7.65. The stock had a trading volume of 15,222,661 shares, compared to its average volume of 17,064,822. The firm's 50 day moving average is $7.22 and its 200 day moving average is $6.85. Southwestern Energy has a twelve month low of $4.57 and a twelve month high of $7.69. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.82 and a quick ratio of 0.82. The stock has a market capitalization of $8.43 billion, a price-to-earnings ratio of 5.43 and a beta of 1.12.

Southwestern Energy (NYSE:SWN - Get Free Report) last posted its quarterly earnings data on Thursday, February 22nd. The energy company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.13 by $0.04. Southwestern Energy had a return on equity of 11.74% and a net margin of 23.87%. The firm had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the company earned $0.26 EPS. The firm's revenue was down 49.9% compared to the same quarter last year. Equities research analysts forecast that Southwestern Energy will post 0.6 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on SWN shares. Piper Sandler restated a "neutral" rating and set a $7.00 price objective (down previously from $8.00) on shares of Southwestern Energy in a report on Friday, April 19th. Citigroup upped their price objective on shares of Southwestern Energy from $8.00 to $8.24 and gave the company a "buy" rating in a report on Friday, January 12th. Susquehanna upped their price objective on shares of Southwestern Energy from $7.00 to $7.50 and gave the company a "neutral" rating in a report on Monday. Scotiabank lowered Southwestern Energy from a "sector outperform" rating to a "sector perform" rating and upped their price objective for the stock from $9.00 to $9.50 in a research report on Thursday, April 11th. Finally, Seaport Res Ptn lowered Southwestern Energy from a "buy" rating to a "neutral" rating in a research report on Wednesday, January 31st. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $8.14.

Southwestern Energy Profile

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.