Southwestern Energy Company (NYSE:SWN).
Snow Capital Management Lp says it sold 4,086,501 shares in the previous quarter decreasing its holdings in Southwestern Energy Company by 42.4%. Its position stood at $33,982,000 a decrease of 42.1% as of the end of the quarter.
Here are a few institutional investors who have updated their positions. As of quarter end Ubs Asset Management Americas Inc had sold 73,559 shares trimming its stake by 90.5%. The value in dollars decreased from $494,353,000 to $47,346,000 decreasing 90.4% quarter over quarter. As of the end of the quarter Commonwealth Of Pennsylvania Public School Empls Retrmt SYS had acquired a total of 449 shares growing its holdings by 0.6%. The value of the total investment in Southwestern Energy Company went from $449,000 to $454,000 a change of $5,000 quarter to quarter.
Raymond James & Associates trimmed its ownership by shedding 22,106 shares a decrease of 9.4% from 06/30/2017 to 09/30/2017. Raymond James & Associates currently owns 213,626 shares with a value of $1,305,000. The value of the position overall is down by 8.9%.
Barclays PLC raised the price target on October 30 boosting the projection from $5.00 to $6.00 and stated a “Equal Weight” rating. On October 21, 2017 Scotiabank released a research note on SWN stating a rating of “Hold” and price target of $8.00.
Piper Jaffray Companies issued a report on SWN with a rating of “Hold” and projecting a price target of $6.00. Equity analyst Cowen and Company released research on SWN and giving a rating of “Buy” and a price target of $9.00.
Equity analyst Morgan Stanley raised the price target of the stock on October 18 changing the forecast from $5.00 to $6.00 with a “Underweight” recommendation. Barclays PLC lowered the price target on October 11 changing the price objective from $6.00 to $5.00 and issued a “Equal Weight” recommendation.
The company is down by 0.72% percent from yesterday’s close. Southwestern Energy Company’s P/E ratio is 9.88 and the market value is 3.16B. As of the last earnings report the EPS was $0.62 with 512.43M shares outstanding.
Short traders are feeling a little more bearish on shares of the company recently if you pay attention to the change in short interest. The company experienced a rise in short interest between September 29, 2017 and October 13, 2017 of 6.17%. Short shares grew 2,514,238 over that period. With short interest at 43,287,762 and short average daily volume at 12,222,019, days to cover is 4.0 and the percentage of shorted shares was 0.08% on October 13.