Mraz Amerine & Associates Inc. Trims Holdings in Southwestern Energy (NYSE:SWN)

Mraz Amerine & Associates Inc. decreased its holdings in shares of Southwestern Energy (NYSE:SWN) by 33.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,000 shares of the energy company’s stock after selling 10,000 shares during the period. Mraz Amerine & Associates Inc.’s holdings in Southwestern Energy were worth $142,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SWN. UMB Bank n.a. increased its holdings in Southwestern Energy by 340.6% during the 3rd quarter. UMB Bank n.a. now owns 3,450 shares of the energy company’s stock valued at $25,000 after acquiring an additional 2,667 shares in the last quarter. Paladin Wealth LLC acquired a new position in shares of Southwestern Energy during the 3rd quarter worth approximately $38,000. Fidelis Capital Partners LLC purchased a new stake in Southwestern Energy in the 1st quarter valued at approximately $43,000. Larson Financial Group LLC grew its holdings in 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 increased its position 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 buying an additional 7,619 shares in the last quarter. Institutional investors and hedge funds own 86.97% of the company’s stock.

Southwestern Energy Stock Performance

NYSE SWN opened at $7.11 on Friday. The firm has a market capitalization of $7.84 billion, a price-to-earnings ratio of -4.09 and a beta of 1.12. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.53 and a current ratio of 0.53. Southwestern Energy has a one year low of $5.85 and a one year high of $7.80. The company’s 50 day moving average price is $6.65 and its 200 day moving average price is $6.88.

Southwestern Energy (NYSE:SWN) last posted its earnings results 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 for the quarter, compared to analyst estimates of $1.12 billion. Southwestern Energy had a negative net margin of 48.91% and a positive return on equity of 10.55%. The business’s quarterly revenue was down 14.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.09 EPS. On average, sell-side analysts predict that Southwestern Energy will post 0.56 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on SWN. Susquehanna decreased their price objective on Southwestern Energy from $7.00 to $6.50 and set a “neutral” rating on the stock in a research note on Monday, August 19th. UBS Group decreased their price target on shares of Southwestern Energy from $7.50 to $7.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 18th. StockNews.com began coverage on shares of Southwestern Energy in a research report on Friday, October 18th. They issued a “sell” rating for the company. Scotiabank decreased their target price 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. Finally, Wolfe Research assumed coverage on Southwestern Energy in a report on Thursday, July 18th. They issued a “peer perform” rating for the company. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $7.98.

Southwestern Energy 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.