Southwestern Energy Company (SWN) Shares Sold by Oakbrook Investments LLC

Oakbrook Investments LLC decreased its position in Southwestern Energy Company (NYSE:SWN) by 45.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,500 shares of the energy company’s stock after selling 18,000 shares during the period. Oakbrook Investments LLC’s holdings in Southwestern Energy were worth $131,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Cleararc Capital Inc. boosted its stake in shares of Southwestern Energy by 2.2% in the first quarter. Cleararc Capital Inc. now owns 12,185 shares of the energy company’s stock worth $100,000 after buying an additional 261 shares during the period. Financial Counselors Inc. bought a new stake in shares of Southwestern Energy during the first quarter worth $101,000. Tudor Investment Corp ET AL bought a new stake in shares of Southwestern Energy during the first quarter worth $102,000. Pinnacle Associates Ltd. bought a new stake in shares of Southwestern Energy during the first quarter worth $103,000. Finally, Macquarie Group Ltd. boosted its stake in Southwestern Energy by 25.3% in the fourth quarter. Macquarie Group Ltd. now owns 9,900 shares of the energy company’s stock worth $107,000 after buying an additional 2,000 shares during the period. Hedge funds and other institutional investors own 93.10% of the company’s stock.

Southwestern Energy Company (SWN) traded up 2.92% during trading on Friday, hitting $5.28. The stock had a trading volume of 18,364,416 shares. The stock’s 50 day moving average price is $5.65 and its 200 day moving average price is $6.98. The firm’s market cap is $2.63 billion. Southwestern Energy Company has a 12-month low of $5.00 and a 12-month high of $15.59.

Southwestern Energy (NYSE:SWN) last announced its earnings results on Thursday, August 3rd. The energy company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by $0.08. Southwestern Energy had a negative net margin of 9.46% and a positive return on equity of 25.19%. The company had revenue of $811 million for the quarter, compared to analyst estimates of $810 million. During the same quarter last year, the company posted ($0.09) EPS. Southwestern Energy’s quarterly revenue was up 55.4% compared to the same quarter last year. On average, analysts anticipate that Southwestern Energy Company will post $0.55 EPS for the current fiscal year.

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A number of equities research analysts have commented on the company. Royal Bank Of Canada set a $8.00 price target on Southwestern Energy and gave the company a “hold” rating in a research note on Tuesday, August 8th. Scotiabank set a $8.00 price target on Southwestern Energy and gave the company a “hold” rating in a research note on Monday, August 7th. BidaskClub upgraded Southwestern Energy from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 3rd. Zacks Investment Research cut Southwestern Energy from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Finally, Citigroup Inc. decreased their price target on Southwestern Energy from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Friday, July 21st. Five research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $12.55.

Southwestern Energy Company Profile

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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