Bristol John W & Co. Inc. NY Sells 313,302 Shares of Southwestern Energy (SWN)

Bristol John W & Co. Inc. NY cut its stake in Southwestern Energy (NYSE:SWN) by 7.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,630,363 shares of the energy company’s stock after selling 313,302 shares during the quarter. Bristol John W & Co. Inc. NY owned about 0.71% of Southwestern Energy worth $20,257,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Zacks Investment Management purchased a new stake in Southwestern Energy during the 2nd quarter valued at about $105,000. Cetera Investment Advisers purchased a new stake in Southwestern Energy during the 2nd quarter valued at about $108,000. MML Investors Services LLC grew its position in Southwestern Energy by 5.3% during the 2nd quarter. MML Investors Services LLC now owns 17,941 shares of the energy company’s stock valued at $109,000 after purchasing an additional 900 shares during the last quarter. Sciencast Management LP purchased a new stake in Southwestern Energy during the 2nd quarter valued at about $126,000. Finally, Mariner Wealth Advisors LLC grew its position in Southwestern Energy by 2.6% during the 2nd quarter. Mariner Wealth Advisors LLC now owns 21,009 shares of the energy company’s stock valued at $128,000 after purchasing an additional 541 shares during the last quarter. Institutional investors and hedge funds own 88.55% of the company’s stock.

Southwestern Energy (NYSE SWN) opened at $5.41 on Thursday. Southwestern Energy has a fifty-two week low of $4.90 and a fifty-two week high of $9.93. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.88 and a quick ratio of 1.88. The firm has a market cap of $3,083.99, a price-to-earnings ratio of 8.59 and a beta of 1.23.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings data on Thursday, October 26th. The energy company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.01). The firm had revenue of $737.00 million for the quarter, compared to analysts’ expectations of $773.99 million. Southwestern Energy had a return on equity of 23.99% and a net margin of 16.31%. The firm’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.03 earnings per share. research analysts predict that Southwestern Energy will post 0.43 EPS for the current year.

SWN has been the topic of several recent analyst reports. Morgan Stanley increased their price objective on shares of Southwestern Energy from $5.00 to $6.00 and gave the company an “underweight” rating in a research report on Wednesday, October 18th. Mizuho cut shares of Southwestern Energy from a “neutral” rating to an “underperform” rating in a research note on Tuesday. Barclays lowered their target price on shares of Southwestern Energy from $6.00 to $5.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 11th. KeyCorp reiterated a “hold” rating on shares of Southwestern Energy in a research note on Friday, November 10th. Finally, Wolfe Research upgraded shares of Southwestern Energy from an “underperform” rating to a “market perform” rating and increased their price objective for the stock from $6.00 to $7.00 in a research note on Wednesday, September 20th. Five research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $8.95.

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About Southwestern Energy

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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