Southwestern Energy (NYSE:SWN) Shares Sold by Mraz Amerine & Associates Inc.

Mraz Amerine & Associates Inc. decreased its position in Southwestern Energy (NYSE:SWN) by 33.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,000 shares of the energy company’s stock after selling 10,000 shares during the quarter. Mraz Amerine & Associates Inc.’s holdings in Southwestern Energy were worth $142,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. UMB Bank n.a. boosted its holdings in Southwestern Energy by 340.6% in the third quarter. UMB Bank n.a. now owns 3,450 shares of the energy company’s stock worth $25,000 after purchasing an additional 2,667 shares during the period. Paladin Wealth LLC bought a new position in shares of Southwestern Energy in the 3rd quarter worth about $38,000. Fidelis Capital Partners LLC acquired a new position in shares of Southwestern Energy in the 1st quarter valued at about $43,000. Larson Financial Group LLC grew its position in shares of Southwestern Energy by 4,752.1% during the 2nd quarter. Larson Financial Group LLC now owns 5,871 shares of the energy company’s stock valued at $40,000 after buying an additional 5,750 shares during the last quarter. Finally, International Assets Investment Management LLC raised its stake in Southwestern Energy by 611.0% during the third quarter. International Assets Investment Management LLC now owns 8,866 shares of the energy company’s stock worth $63,000 after acquiring an additional 7,619 shares during the period. 86.97% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

SWN has been the topic of a number of research reports. Scotiabank dropped their price target on Southwestern Energy from $9.50 to $9.00 and set a “sector perform” rating on the stock in a research report on Tuesday, August 20th. StockNews.com assumed coverage on Southwestern Energy in a research report on Friday, October 18th. They issued a “sell” rating on the stock. UBS Group reduced their price target on shares of Southwestern Energy from $7.50 to $7.00 and set a “neutral” rating for the company in a report on Wednesday, September 18th. Piper Sandler dropped their price objective on shares of Southwestern Energy from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, August 15th. Finally, Wolfe Research initiated coverage on shares of Southwestern Energy in a research note on Thursday, July 18th. They set a “peer perform” rating for the company. One analyst has rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $7.98.

Southwestern Energy Stock Performance

SWN opened at $7.11 on Friday. The business has a 50 day moving average price of $6.65 and a two-hundred day moving average price of $6.88. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.53 and a quick ratio of 0.53. The company has a market capitalization of $7.84 billion, a price-to-earnings ratio of -4.09 and a beta of 1.12. Southwestern Energy has a 1-year low of $5.85 and a 1-year high of $7.80.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings data on Thursday, August 1st. The energy company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.01. The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.12 billion. Southwestern Energy had a positive return on equity of 10.55% and a negative net margin of 48.91%. The company’s revenue was down 14.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.09 earnings per share. Research analysts predict that Southwestern Energy will post 0.56 EPS for the current fiscal year.

About Southwestern Energy

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.