Southwestern Energy (NYSE:SWN) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its stake in Southwestern Energy (NYSE:SWN - Free Report) by 7.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,332,203 shares of the energy company's stock after acquiring an additional 1,924,108 shares during the quarter. Dimensional Fund Advisors LP owned about 2.66% of Southwestern Energy worth $192,133,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. QRG Capital Management Inc. lifted its stake in Southwestern Energy by 12.5% during the 4th quarter. QRG Capital Management Inc. now owns 30,385 shares of the energy company's stock worth $199,000 after acquiring an additional 3,373 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of Southwestern Energy by 23.7% during the fourth quarter. BNP Paribas Financial Markets now owns 971,618 shares of the energy company's stock worth $6,364,000 after acquiring an additional 186,421 shares during the period. Canoe Financial LP acquired a new position in shares of Southwestern Energy during the fourth quarter worth about $7,506,000. Picton Mahoney Asset Management acquired a new stake in Southwestern Energy in the fourth quarter valued at approximately $2,438,000. Finally, Everpar Advisors LLC purchased a new position in Southwestern Energy in the fourth quarter worth approximately $109,000. 86.97% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Mizuho boosted their price objective on shares of Southwestern Energy from $9.00 to $10.00 and gave the stock a "neutral" rating in a research report on Monday. Piper Sandler reissued a "neutral" rating and issued a $7.00 price objective (down from $8.00) on shares of Southwestern Energy in a report on Friday, April 19th. Scotiabank cut Southwestern Energy from a "sector outperform" rating to a "sector perform" rating and boosted their price target for the company from $9.00 to $9.50 in a research report on Thursday, April 11th. Stifel Nicolaus boosted their target price on Southwestern Energy from $6.60 to $7.60 and gave the company a "hold" rating in a report on Tuesday, April 23rd. Finally, StockNews.com started coverage on Southwestern Energy in a research note on Tuesday. They set a "hold" rating for the company. One analyst has rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $8.25.

Southwestern Energy Trading Down 1.1 %

Shares of SWN traded down $0.08 during mid-day trading on Thursday, hitting $7.52. The company had a trading volume of 11,341,960 shares, compared to its average volume of 16,669,672. Southwestern Energy has a 1-year low of $4.72 and a 1-year high of $7.80. The business's 50-day simple moving average is $7.35 and its 200-day simple moving average is $6.89. The stock has a market cap of $8.29 billion, a PE ratio of -4.33 and a beta of 1.15. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.83.

Southwestern Energy (NYSE:SWN - Get Free Report) last released its quarterly earnings data on Thursday, May 2nd. The energy company reported $0.12 EPS for the quarter, missing analysts' consensus estimates of $0.13 by ($0.01). Southwestern Energy had a positive return on equity of 9.00% and a negative net margin of 32.93%. The business had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same period in the prior year, the firm earned $0.31 EPS. The business's revenue for the quarter was down 33.1% compared to the same quarter last year. Sell-side analysts forecast that Southwestern Energy will post 0.56 earnings per share for the current year.

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.