Healthcare of Ontario Pension Plan Trust Fund Acquires Shares of 56,823 Southwestern Energy (NYSE:SWN)

Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Southwestern Energy (NYSE:SWN) in the 1st quarter, according to the company in its most recent filing with the SEC. The firm acquired 56,823 shares of the energy company’s stock, valued at approximately $431,000.

Several other large investors also recently modified their holdings of the stock. Fruth Investment Management boosted its holdings in Southwestern Energy by 14.4% in the 1st quarter. Fruth Investment Management now owns 12,236 shares of the energy company’s stock worth $92,000 after buying an additional 1,536 shares during the period. Lindbrook Capital LLC boosted its holdings in Southwestern Energy by 30.2% in the 4th quarter. Lindbrook Capital LLC now owns 6,747 shares of the energy company’s stock worth $44,000 after buying an additional 1,564 shares during the period. CWM LLC boosted its holdings in Southwestern Energy by 17.8% in the 1st quarter. CWM LLC now owns 15,136 shares of the energy company’s stock worth $115,000 after buying an additional 2,289 shares during the period. Cerity Partners LLC boosted its holdings in Southwestern Energy by 4.4% in the 4th quarter. Cerity Partners LLC now owns 57,931 shares of the energy company’s stock worth $379,000 after buying an additional 2,443 shares during the period. Finally, Intellectus Partners LLC boosted its holdings in Southwestern Energy by 4.6% in the 4th quarter. Intellectus Partners LLC now owns 73,200 shares of the energy company’s stock worth $479,000 after buying an additional 3,200 shares during the period. Hedge funds and other institutional investors own 86.97% of the company’s stock.

Analyst Upgrades and Downgrades

SWN has been the subject of several analyst reports. Susquehanna cut their price target on shares of Southwestern Energy from $8.00 to $7.00 and set a “neutral” rating for the company in a report on Monday. Wolfe Research initiated coverage on shares of Southwestern Energy in a report on Thursday, July 18th. They issued a “peer perform” rating for the company. Stifel Nicolaus raised their price target on shares of Southwestern Energy from $6.60 to $7.60 and gave the company a “hold” rating in a report on Tuesday, April 23rd. Piper Sandler reissued a “neutral” rating and issued a $7.00 price target (down from $8.00) on shares of Southwestern Energy in a report on Friday, April 19th. Finally, Scotiabank downgraded shares of Southwestern Energy from a “sector outperform” rating to a “sector perform” rating and raised their price target for the company from $9.00 to $9.50 in a report on Thursday, April 11th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, Southwestern Energy has an average rating of “Hold” and a consensus target price of $8.42.

Southwestern Energy Trading Down 0.6 %

Shares of NYSE SWN opened at $6.34 on Friday. The firm’s 50 day moving average price is $7.00 and its 200-day moving average price is $7.03. The company has a market cap of $6.99 billion, a PE ratio of -3.64 and a beta of 1.17. Southwestern Energy has a 52-week low of $5.93 and a 52-week high of $7.80. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.62 and a current ratio of 0.62.

Southwestern Energy (NYSE:SWN) last issued its 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 positive return on equity of 9.00% and a negative net margin of 32.93%. The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the prior year, the company posted $0.31 EPS. The company’s quarterly revenue was down 33.1% on a year-over-year basis. On average, equities research analysts expect that Southwestern Energy will post 0.6 EPS for the current fiscal year.

Southwestern Energy Company 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.