Sage Rhino Capital LLC Has $43,000 Stock Holdings in Southwestern Energy (NYSE:SWN)

Sage Rhino Capital LLC lifted its position in shares of Southwestern Energy (NYSE:SWN) by 59.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,918 shares of the energy company’s stock after purchasing an additional 6,294 shares during the period. Sage Rhino Capital LLC’s holdings in Southwestern Energy were worth $43,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp boosted its holdings in shares of Southwestern Energy by 29.8% during the 1st quarter. State Street Corp now owns 56,233,635 shares of the energy company’s stock worth $95,035,000 after buying an additional 12,904,286 shares during the period. Disciplined Growth Investors Inc. MN boosted its holdings in Southwestern Energy by 58.2% in the 1st quarter. Disciplined Growth Investors Inc. MN now owns 26,519,679 shares of the energy company’s stock valued at $44,818,000 after purchasing an additional 9,756,747 shares during the period. Norges Bank bought a new stake in Southwestern Energy in the 4th quarter valued at about $21,266,000. Kopernik Global Investors LLC boosted its holdings in Southwestern Energy by 39.8% in the 1st quarter. Kopernik Global Investors LLC now owns 27,801,608 shares of the energy company’s stock valued at $46,985,000 after purchasing an additional 7,908,826 shares during the period. Finally, Russell Investments Group Ltd. boosted its holdings in Southwestern Energy by 38.1% in the 1st quarter. Russell Investments Group Ltd. now owns 20,782,263 shares of the energy company’s stock valued at $35,101,000 after purchasing an additional 5,728,479 shares during the period.

NYSE SWN traded down $0.06 on Friday, hitting $2.43. The company’s stock had a trading volume of 14,004,844 shares, compared to its average volume of 12,483,101. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.41. Southwestern Energy has a 1-year low of $1.06 and a 1-year high of $3.90. The company’s 50-day moving average is $2.71 and its 200 day moving average is $2.34. The firm has a market cap of $1.32 billion, a PE ratio of -0.58 and a beta of 1.52.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings results on Thursday, April 30th. The energy company reported $0.10 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.07 by $0.03. Southwestern Energy had a negative net margin of 95.17% and a positive return on equity of 7.35%. The firm had revenue of $592.00 million during the quarter, compared to analysts’ expectations of $659.76 million. During the same period in the prior year, the company posted $0.27 EPS. The company’s revenue was down 40.2% on a year-over-year basis. On average, equities analysts expect that Southwestern Energy will post 0.2 EPS for the current year.

A number of analysts have issued reports on the stock. Mizuho began coverage on shares of Southwestern Energy in a report on Wednesday, July 22nd. They issued a “neutral” rating and a $4.00 price objective for the company. Royal Bank of Canada upped their price target on shares of Southwestern Energy from $3.00 to $3.50 and gave the stock a “hold” rating in a report on Tuesday, April 28th. MKM Partners raised shares of Southwestern Energy from a “neutral” rating to a “buy” rating and set a $4.00 price target for the company in a report on Thursday, July 9th. Bank of America upped their price target on shares of Southwestern Energy from $0.55 to $1.70 and gave the stock an “underperform” rating in a report on Monday, April 20th. Finally, UBS Group upped their price target on shares of Southwestern Energy from $1.90 to $2.00 and gave the stock a “neutral” rating in a report on Monday, June 29th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $3.11.

Southwestern Energy Company Profile

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

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Institutional Ownership by Quarter for Southwestern Energy (NYSE:SWN)

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