60,673 Shares in Southwestern Energy Company (NYSE:SWN) Acquired by AMG National Trust Bank

AMG National Trust Bank acquired a new stake in shares of Southwestern Energy Company (NYSE:SWN) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 60,673 shares of the energy company’s stock, valued at approximately $369,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SWN. Macquarie Group Ltd. raised its position in Southwestern Energy by 25.3% during the fourth quarter. Macquarie Group Ltd. now owns 9,900 shares of the energy company’s stock valued at $107,000 after purchasing an additional 2,000 shares in the last quarter. Retirement Systems of Alabama raised its position in Southwestern Energy by 3.5% during the first quarter. Retirement Systems of Alabama now owns 240,706 shares of the energy company’s stock valued at $1,967,000 after purchasing an additional 8,084 shares in the last quarter. First Manhattan Co. raised its position in Southwestern Energy by 29.3% during the first quarter. First Manhattan Co. now owns 8,904 shares of the energy company’s stock valued at $123,000 after purchasing an additional 2,020 shares in the last quarter. Janney Montgomery Scott LLC raised its position in Southwestern Energy by 28.3% during the first quarter. Janney Montgomery Scott LLC now owns 110,473 shares of the energy company’s stock valued at $903,000 after purchasing an additional 24,381 shares in the last quarter. Finally, Sumitomo Mitsui Asset Management Company LTD raised its position in Southwestern Energy by 18.7% during the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 43,657 shares of the energy company’s stock valued at $356,000 after purchasing an additional 6,865 shares in the last quarter. Institutional investors and hedge funds own 89.50% of the company’s stock.

Several research analysts have recently issued reports on the stock. Royal Bank Of Canada set a $10.00 price target on shares of Southwestern Energy and gave the stock a “hold” rating in a report on Saturday, June 10th. Scotiabank set a $9.00 price target on shares of Southwestern Energy and gave the stock a “hold” rating in a report on Saturday, July 1st. Wolfe Research upgraded shares of Southwestern Energy from an “underperform” rating to a “market perform” rating and upped their price target for the stock from $6.00 to $7.00 in a report on Wednesday. BidaskClub cut shares of Southwestern Energy from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 27th. Finally, Zacks Investment Research cut shares of Southwestern Energy from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Five investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eight have given a buy rating to the company’s stock. Southwestern Energy currently has a consensus rating of “Hold” and a consensus price target of $12.00.

Southwestern Energy Company (SWN) opened at 6.02 on Friday. The company’s market capitalization is $3.00 billion. The company has a 50-day moving average of $5.44 and a 200 day moving average of $6.50. Southwestern Energy Company has a 12-month low of $5.00 and a 12-month high of $14.98.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings data on Thursday, August 3rd. The energy company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.08). Southwestern Energy had a negative net margin of 9.46% and a positive return on equity of 25.19%. The business had revenue of $811.00 million for the quarter, compared to analyst estimates of $810.00 million. During the same quarter in the previous year, the firm posted ($0.09) earnings per share. The business’s revenue was up 55.4% on a year-over-year basis. Equities research analysts forecast that Southwestern Energy Company will post $0.54 earnings per share for the current fiscal year.

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Southwestern Energy Company Profile

Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.

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

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