Southwestern Energy (NYSE:SWN) Stake Boosted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in shares of Southwestern Energy (NYSE:SWN) by 21.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 48,926,369 shares of the energy company’s stock after buying an additional 8,741,562 shares during the quarter. Dimensional Fund Advisors LP owned 4.44% of Southwestern Energy worth $329,276,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SWN. Price T Rowe Associates Inc. MD lifted its position in shares of Southwestern Energy by 14.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 39,364,192 shares of the energy company’s stock valued at $298,381,000 after acquiring an additional 4,968,002 shares in the last quarter. Kopernik Global Investors LLC lifted its holdings in shares of Southwestern Energy by 0.7% in the fourth quarter. Kopernik Global Investors LLC now owns 21,007,377 shares of the energy company’s stock valued at $137,598,000 after purchasing an additional 143,007 shares in the last quarter. Magnetar Financial LLC boosted its position in shares of Southwestern Energy by 3,468.3% in the first quarter. Magnetar Financial LLC now owns 12,360,286 shares of the energy company’s stock worth $93,691,000 after buying an additional 12,013,898 shares during the period. KRYGER CAPITAL Ltd purchased a new position in shares of Southwestern Energy during the first quarter valued at $76,543,000. Finally, Calamos Advisors LLC raised its position in Southwestern Energy by 269.1% during the second quarter. Calamos Advisors LLC now owns 6,284,615 shares of the energy company’s stock valued at $42,295,000 after buying an additional 4,581,834 shares during the period. 86.97% of the stock is currently owned by institutional investors and hedge funds.

Southwestern Energy Stock Performance

SWN opened at $6.26 on Tuesday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.53 and a current ratio of 0.53. The company has a market cap of $6.90 billion, a PE ratio of -3.60 and a beta of 1.12. The stock has a 50-day moving average of $6.36 and a 200-day moving average of $6.93. Southwestern Energy has a 52-week low of $5.85 and a 52-week high of $7.80.

Southwestern Energy (NYSE:SWN) last announced its earnings results on Thursday, August 1st. The energy company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. Southwestern Energy had a positive return on equity of 10.55% and a negative net margin of 48.91%. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter in the prior year, the business earned $0.09 earnings per share. The company’s revenue was down 14.7% on a year-over-year basis. As a group, equities research analysts forecast that Southwestern Energy will post 0.61 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on SWN. Wolfe Research began coverage on Southwestern Energy in a research note on Thursday, July 18th. They set a “peer perform” rating on the stock. Scotiabank lowered their price objective on shares of 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. Susquehanna cut their target price on shares of Southwestern Energy from $7.00 to $6.50 and set a “neutral” rating for the company in a research report on Monday, August 19th. StockNews.com initiated coverage on shares of Southwestern Energy in a research note on Wednesday, September 11th. They set a “sell” rating for the company. Finally, Piper Sandler dropped their price target on shares of Southwestern Energy from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, August 15th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, Southwestern Energy currently has a consensus rating of “Hold” and a consensus target price of $8.50.

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.