Southwestern Energy (NYSE:SWN) Stock Position Increased by Trium Capital LLP

Trium Capital LLP grew its holdings in Southwestern Energy (NYSE:SWN - Free Report) by 773.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,411,535 shares of the energy company's stock after purchasing an additional 1,249,972 shares during the period. Southwestern Energy comprises about 2.9% of Trium Capital LLP's investment portfolio, making the stock its 5th biggest holding. Trium Capital LLP owned 0.13% of Southwestern Energy worth $10,036,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of SWN. Fruth Investment Management lifted its holdings in shares of Southwestern Energy by 14.4% during the 1st quarter. Fruth Investment Management now owns 12,236 shares of the energy company's stock valued at $92,000 after buying an additional 1,536 shares during the period. Joule Financial LLC boosted its position in Southwestern Energy by 3.4% in the second quarter. Joule Financial LLC now owns 55,421 shares of the energy company's stock worth $373,000 after purchasing an additional 1,806 shares during the last quarter. Confluence Investment Management LLC grew its stake in shares of Southwestern Energy by 2.1% during the 2nd quarter. Confluence Investment Management LLC now owns 88,912 shares of the energy company's stock valued at $598,000 after purchasing an additional 1,825 shares during the period. TD Asset Management Inc increased its position in shares of Southwestern Energy by 0.4% during the 2nd quarter. TD Asset Management Inc now owns 590,130 shares of the energy company's stock valued at $3,972,000 after purchasing an additional 2,130 shares during the last quarter. Finally, CWM LLC lifted its stake in shares of Southwestern Energy by 17.8% in the 1st quarter. CWM LLC now owns 15,136 shares of the energy company's stock worth $115,000 after purchasing an additional 2,289 shares during the period. Hedge funds and other institutional investors own 86.97% of the company's stock.

Wall Street Analysts Forecast Growth

SWN has been the subject of several recent research reports. Piper Sandler cut their target price on shares of Southwestern Energy from $7.00 to $6.00 and set a "neutral" rating for the company in a research report on Thursday, August 15th. UBS Group reduced their price objective on Southwestern Energy from $7.50 to $7.00 and set a "neutral" rating for the company in a research note on Wednesday, September 18th. StockNews.com assumed coverage on Southwestern Energy in a research report on Wednesday, September 11th. They set a "sell" rating on the stock. Scotiabank cut their price target on Southwestern Energy from $9.50 to $9.00 and set a "sector perform" rating for the company in a report on Tuesday, August 20th. Finally, Wolfe Research began coverage on Southwestern Energy in a research note on Thursday, July 18th. They issued a "peer perform" rating on the stock. 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 company's stock. According to data from MarketBeat.com, Southwestern Energy presently has a consensus rating of "Hold" and a consensus target price of $7.98.

Southwestern Energy Price Performance

SWN remained flat at $7.11 during trading hours on Tuesday. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 1.01. Southwestern Energy has a 1-year low of $5.85 and a 1-year high of $7.80. The business's 50 day moving average is $6.42 and its two-hundred day moving average is $6.91. The stock has a market cap of $7.84 billion, a P/E ratio of -4.09 and a beta of 1.12.

Southwestern Energy (NYSE:SWN - Get Free Report) last announced its earnings results on Thursday, August 1st. The energy company reported $0.10 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.01. The firm had revenue of $1.08 billion during the quarter, compared to analysts' expectations 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 quarterly revenue was down 14.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.09 EPS. On average, analysts expect 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.