Northwestern Mutual Investment Management Company LLC Has $227,000 Holdings in Southwestern Energy Company (SWN)

Northwestern Mutual Investment Management Company LLC lessened its stake in Southwestern Energy Company (NYSE:SWN) by 82.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,056 shares of the energy company’s stock after selling 82,604 shares during the period. Northwestern Mutual Investment Management Company LLC’s holdings in Southwestern Energy were worth $227,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of SWN. BlackRock Inc. grew its stake in Southwestern Energy by 2,582.8% in the first quarter. BlackRock Inc. now owns 31,270,589 shares of the energy company’s stock valued at $255,479,000 after purchasing an additional 30,105,011 shares during the last quarter. Point72 Asset Management L.P. boosted its holdings in Southwestern Energy by 939.0% in the first quarter. Point72 Asset Management L.P. now owns 9,696,227 shares of the energy company’s stock worth $79,218,000 after acquiring an additional 8,762,957 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Southwestern Energy by 12.1% in the first quarter. Vanguard Group Inc. now owns 59,247,162 shares of the energy company’s stock worth $484,049,000 after acquiring an additional 6,388,987 shares in the last quarter. FMR LLC boosted its holdings in Southwestern Energy by 36.5% in the first quarter. FMR LLC now owns 22,332,221 shares of the energy company’s stock worth $182,454,000 after acquiring an additional 5,969,258 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D boosted its holdings in Southwestern Energy by 1,111.1% in the second quarter. State of New Jersey Common Pension Fund D now owns 3,270,000 shares of the energy company’s stock worth $19,882,000 after acquiring an additional 3,000,000 shares in the last quarter. Institutional investors own 89.50% of the company’s stock.

Southwestern Energy Company (SWN) opened at 5.98 on Wednesday. Southwestern Energy Company has a 1-year low of $5.00 and a 1-year high of $14.98. The firm’s 50-day moving average price is $5.44 and its 200-day moving average price is $6.50. The firm’s market cap is $2.98 billion.

Southwestern Energy (NYSE:SWN) last released its quarterly earnings results on Thursday, August 3rd. The energy company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.08). The company had revenue of $811.00 million for the quarter, compared to analysts’ expectations of $810.00 million. Southwestern Energy had a positive return on equity of 25.19% and a negative net margin of 9.46%. The business’s quarterly revenue was up 55.4% on a year-over-year basis. During the same period in the previous year, the business posted ($0.09) EPS. On average, equities research analysts anticipate that Southwestern Energy Company will post $0.54 earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: “Northwestern Mutual Investment Management Company LLC Has $227,000 Holdings in Southwestern Energy Company (SWN)” was published by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this story can be accessed at https://www.chaffeybreeze.com/2017/09/20/northwestern-mutual-investment-management-company-llc-has-227000-holdings-in-southwestern-energy-company-swn.html.

Several equities research analysts have weighed in on SWN shares. Cowen and Company set a $9.00 price target on Southwestern Energy and gave the stock a “buy” rating in a report on Wednesday, July 19th. KeyCorp reissued a “hold” rating on shares of Southwestern Energy in a report on Sunday, September 3rd. Citigroup Inc. lowered their price target on Southwestern Energy from $9.00 to $8.00 and set a “buy” rating for the company in a report on Friday, July 21st. BidaskClub raised Southwestern Energy from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 27th. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $8.00 target price on shares of Southwestern Energy in a report on Tuesday, June 27th. Five research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $12.24.

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)

Receive News & Ratings for Southwestern Energy Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southwestern Energy Company and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply