Russell Investments Group Ltd. Sells 430,086 Shares of Southwestern Energy (NYSE:SWN)

Russell Investments Group Ltd. reduced its position in shares of Southwestern Energy (NYSE:SWN - Free Report) by 11.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,278,509 shares of the energy company's stock after selling 430,086 shares during the quarter. Russell Investments Group Ltd. owned about 0.30% of Southwestern Energy worth $21,475,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SWN. Glenorchy Capital Ltd bought a new position in Southwestern Energy during the fourth quarter valued at about $1,290,000. Yousif Capital Management LLC boosted its position in shares of Southwestern Energy by 1.0% during the 4th quarter. Yousif Capital Management LLC now owns 539,777 shares of the energy company's stock valued at $3,536,000 after purchasing an additional 5,123 shares in the last quarter. GAMMA Investing LLC acquired a new position in shares of Southwestern Energy in the 4th quarter worth approximately $79,000. Parkside Financial Bank & Trust raised its holdings in shares of Southwestern Energy by 481.1% in the 4th 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. Finally, Lindbrook Capital LLC lifted its stake in Southwestern Energy by 30.2% during the fourth quarter. Lindbrook Capital LLC now owns 6,747 shares of the energy company's stock valued at $44,000 after purchasing an additional 1,564 shares during the last quarter. 86.97% of the stock is currently owned by institutional investors and hedge funds.

Southwestern Energy Stock Down 1.9 %

NYSE:SWN traded down $0.13 during trading hours on Friday, reaching $7.09. The company's stock had a trading volume of 22,587,357 shares, compared to its average volume of 17,111,818. 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 company has a market cap of $7.81 billion, a price-to-earnings ratio of 5.02 and a beta of 1.15. Southwestern Energy has a one year low of $4.57 and a one year high of $7.80. The business's 50-day moving average is $7.28 and its 200-day moving average is $6.88.

Southwestern Energy (NYSE:SWN - Get Free Report) last released its quarterly earnings results on Thursday, May 2nd. The energy company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.01). Southwestern Energy had a return on equity of 11.74% and a net margin of 23.87%. The company had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter last year, the company posted $0.31 EPS. The business's revenue was down 33.1% compared to the same quarter last year. Equities research analysts predict that Southwestern Energy will post 0.57 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on SWN shares. UBS Group boosted their price target on shares of Southwestern Energy from $6.00 to $6.25 and gave the company a "neutral" rating in a report on Thursday, January 18th. Scotiabank downgraded Southwestern Energy from a "sector outperform" rating to a "sector perform" rating and increased their price objective for the stock from $9.00 to $9.50 in a research note on Thursday, April 11th. Susquehanna lifted their target price on Southwestern Energy from $7.00 to $7.50 and gave the company a "neutral" rating in a research note on Monday, April 22nd. Seaport Res Ptn lowered shares of Southwestern Energy from a "buy" rating to a "neutral" rating in a research report on Wednesday, January 31st. Finally, Stifel Nicolaus boosted their price objective on shares of Southwestern Energy from $6.60 to $7.60 and gave the company a "hold" rating in a research report on Tuesday, April 23rd. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price 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.