B. Riley Wealth Management Inc. Buys 2,485 Shares of Southwestern Energy (NYSE:SWN)

B. Riley Wealth Management Inc. boosted its holdings in shares of Southwestern Energy (NYSE:SWN) by 14.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,620 shares of the energy company’s stock after purchasing an additional 2,485 shares during the period. B. Riley Wealth Management Inc.’s holdings in Southwestern Energy were worth $67,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Greenwich Wealth Management LLC bought a new position in shares of Southwestern Energy in the 4th quarter worth $43,000. Courier Capital LLC bought a new position in shares of Southwestern Energy in the 4th quarter worth $48,000. Peoples Financial Services CORP. boosted its position in shares of Southwestern Energy by 21.7% in the 4th quarter. Peoples Financial Services CORP. now owns 14,600 shares of the energy company’s stock worth $50,000 after purchasing an additional 2,600 shares during the last quarter. Enlightenment Research LLC bought a new position in shares of Southwestern Energy in the 4th quarter worth $66,000. Finally, FDx Advisors Inc. bought a new position in shares of Southwestern Energy in the 3rd quarter worth $107,000. 94.61% of the stock is owned by hedge funds and other institutional investors.

Shares of SWN traded down $0.31 during midday trading on Friday, hitting $4.15. The stock had a trading volume of 31,266,170 shares, compared to its average volume of 16,253,995. Southwestern Energy has a twelve month low of $3.23 and a twelve month high of $6.23. The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of 4.07 and a beta of 1.31. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.13 and a quick ratio of 1.13.

Southwestern Energy (NYSE:SWN) last released its quarterly earnings results on Thursday, February 28th. The energy company reported $0.31 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by ($0.03). Southwestern Energy had a net margin of 13.90% and a return on equity of 26.15%. The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1 billion. Sell-side analysts anticipate that Southwestern Energy will post 0.72 earnings per share for the current fiscal year.

Several research firms have recently issued reports on SWN. Zacks Investment Research upgraded Southwestern Energy from a “hold” rating to a “buy” rating and set a $4.50 price target on the stock in a research report on Tuesday, February 12th. Wolfe Research downgraded Southwestern Energy from a “peer perform” rating to an “underperform” rating in a research note on Thursday. MKM Partners reaffirmed a “neutral” rating and set a $4.00 price objective on shares of Southwestern Energy in a research note on Wednesday, January 16th. B. Riley set a $7.00 price objective on Southwestern Energy and gave the stock a “buy” rating in a research note on Friday, January 18th. Finally, Morgan Stanley set a $4.00 price objective on Southwestern Energy and gave the stock a “sell” rating in a research note on Tuesday, January 29th. Five investment analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company’s stock. Southwestern Energy has a consensus rating of “Hold” and an average target price of $5.61.

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Southwestern Energy Profile

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the development of unconventional natural gas reservoirs located in Pennsylvania and West Virginia.

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Institutional Ownership by Quarter for Southwestern Energy (NYSE:SWN)

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