Southwestern Energy Company (SWN) Position Reduced by Trexquant Investment LP

Trexquant Investment LP reduced its stake in shares of Southwestern Energy Company (NYSE:SWN) by 24.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 225,504 shares of the energy company’s stock after selling 74,096 shares during the period. Southwestern Energy accounts for approximately 0.4% of Trexquant Investment LP’s investment portfolio, making the stock its 24th largest position. Trexquant Investment LP’s holdings in Southwestern Energy were worth $1,371,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Cleararc Capital Inc. increased 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 valued at $100,000 after buying an additional 261 shares in the last quarter. Public Employees Retirement Association of Colorado increased its stake in shares of Southwestern Energy by 0.4% in the second quarter. Public Employees Retirement Association of Colorado now owns 92,056 shares of the energy company’s stock valued at $560,000 after buying an additional 341 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in shares of Southwestern Energy by 4.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 16,680 shares of the energy company’s stock valued at $180,000 after buying an additional 650 shares in the last quarter. Advantus Capital Management Inc increased its stake in shares of Southwestern Energy by 1.8% in the first quarter. Advantus Capital Management Inc now owns 50,051 shares of the energy company’s stock valued at $409,000 after buying an additional 863 shares in the last quarter. Finally, Comerica Bank increased its stake in shares of Southwestern Energy by 0.8% in the first quarter. Comerica Bank now owns 152,631 shares of the energy company’s stock valued at $1,171,000 after buying an additional 1,149 shares in the last quarter. 93.10% of the stock is currently owned by institutional investors.

Shares of Southwestern Energy Company (NYSE:SWN) traded up 2.92% on Friday, hitting $5.28. 18,364,416 shares of the company’s stock were exchanged. 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. The stock’s 50 day moving average is $5.65 and its 200 day moving average is $6.98.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings results on Thursday, August 3rd. The energy company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $811 million during the quarter, compared to the consensus estimate of $810 million. During the same period last year, the firm earned ($0.09) EPS. The business’s revenue for the quarter was up 55.4% on a year-over-year basis. On average, equities analysts predict that Southwestern Energy Company will post $0.55 earnings per share for the current year.

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SWN has been the topic of a number of recent research reports. Royal Bank Of Canada set a $10.00 target price on Southwestern Energy and gave the stock a “hold” rating in a research report on Saturday, June 10th. Scotiabank set a $9.00 target price on Southwestern Energy and gave the stock a “hold” rating in a research report on Saturday, July 1st. BidaskClub raised Southwestern Energy from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 27th. Iberia Capital lifted their target price on Southwestern Energy from $9.00 to $10.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 2nd. Finally, National Securities reissued a “buy” rating and set a $14.00 target price on shares of Southwestern Energy in a research report on Monday, May 1st. Five investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $12.55.

About Southwestern Energy

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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