Lmcg Investments LLC Sells 5,200 Shares of Southwestern Energy (NYSE:SWN)

Lmcg Investments LLC reduced its stake in Southwestern Energy (NYSE:SWN) by 27.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,000 shares of the energy company’s stock after selling 5,200 shares during the quarter. Lmcg Investments LLC’s holdings in Southwestern Energy were worth $100,000 as of its most recent filing with the Securities & Exchange Commission.

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

Analyst Ratings Changes

A number of equities analysts recently weighed in on SWN shares. Piper Sandler decreased their price objective on shares of Southwestern Energy from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Thursday, August 15th. UBS Group decreased their price objective 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. Scotiabank decreased their price objective on shares of Southwestern Energy from $9.50 to $9.00 and set a “sector perform” rating for the company in a report on Tuesday, August 20th. Wolfe Research began coverage on shares of Southwestern Energy in a research note on Thursday, July 18th. They set a “peer perform” rating for the company. Finally, StockNews.com began coverage on shares of Southwestern Energy in a research note on Sunday. They set a “sell” rating for the company. One analyst has rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Southwestern Energy currently has an average rating of “Hold” and a consensus target price of $7.98.

Southwestern Energy Stock Performance

NYSE:SWN opened at $7.11 on Friday. 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 firm 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 one year low of $5.85 and a one year high of $7.80. The business has a fifty day moving average price of $6.75 and a 200-day moving average price of $6.87.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings data on Thursday, August 1st. The energy company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.09 by $0.01. The firm 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%. Southwestern Energy’s revenue was down 14.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.09 EPS. Sell-side analysts forecast that Southwestern Energy will post 0.56 EPS for the current 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.