Patriot Monetary Group Insurance coverage Company LLC acquired a brand new stake in Southwestern Power (NYSE:SWN – Get Ranking) in the course of the third quarter, in line with its most up-to-date submitting with the Securities and Trade Fee (SEC). The institutional investor acquired 21,108 shares of the vitality firm’s inventory, valued at roughly $129,000.
Different massive buyers have additionally lately added to or decreased their stakes within the firm. FinTrust Capital Advisors LLC lifted its holdings in Southwestern Power by 91.5% within the third quarter. FinTrust Capital Advisors LLC now owns 6,725 shares of the vitality firm’s inventory valued at $45,000 after buying a further 3,214 shares over the past quarter. Chilton Capital Administration LLC acquired a brand new place in Southwestern Power within the second quarter valued at roughly $47,000. CWM LLC lifted its holdings in Southwestern Power by 109.8% within the third quarter. CWM LLC now owns 8,230 shares of the vitality firm’s inventory valued at $50,000 after buying a further 4,307 shares over the past quarter. Diversified Belief Co acquired a brand new place in Southwestern Power within the second quarter valued at roughly $63,000. Lastly, Moloney Securities Asset Administration LLC bought a brand new stake in Southwestern Power within the second quarter valued at roughly $63,000. 82.26% of the inventory is at present owned by institutional buyers and hedge funds.
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Southwestern Power Inventory Efficiency
Shares of SWN inventory opened at $5.97 on Friday. The corporate has a present ratio of 0.37, a fast ratio of 0.37 and a debt-to-equity ratio of three.43. The agency has a fifty day shifting common value of $6.33 and a 200 day shifting common value of $6.67. The corporate has a market cap of $6.65 billion, a P/E ratio of 4.39 and a beta of 1.27. Southwestern Power has a 12 month low of $3.81 and a 12 month excessive of $9.87.
Southwestern Power (NYSE:SWN – Get Ranking) final issued its earnings outcomes on Thursday, October twenty seventh. The vitality firm reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.02. The agency had income of $4.54 billion in the course of the quarter, in comparison with the consensus estimate of $2.52 billion. Southwestern Power had a internet margin of 8.98% and a return on fairness of 122.25%. The corporate’s income was up 184.2% in comparison with the identical quarter final 12 months. Throughout the identical quarter within the earlier 12 months, the agency posted $0.24 earnings per share. Promote-side analysts predict that Southwestern Power will publish 1.34 earnings per share for the present fiscal 12 months.
Wall Road Analyst Weigh In
SWN has been the subject of a lot of analysis analyst experiences. Citigroup lowered Southwestern Power from a “purchase” score to a “impartial” score and reduce their goal value for the corporate from $10.00 to $6.50 in a analysis report on Wednesday, December seventh. Raymond James reduce their goal value on Southwestern Power from $10.50 to $9.00 and set an “outperform” score on the inventory in a analysis report on Monday, October twenty fourth. Morgan Stanley reduce their goal value on Southwestern Power to $7.00 in a analysis report on Wednesday, December 14th. Truist Monetary raised Southwestern Power from a “maintain” score to a “purchase” score and boosted their goal value for the corporate from $7.00 to $11.00 in a analysis report on Monday, October third. Lastly, Jefferies Monetary Group initiated protection on Southwestern Power in a analysis report on Wednesday, October nineteenth. They issued a “purchase” score and a $11.00 goal value on the inventory. Seven analysts have rated the inventory with a maintain score and eleven have issued a purchase score to the corporate. In keeping with MarketBeat.com, the inventory has a mean score of “Reasonable Purchase” and a mean goal value of $10.03.
Southwestern Power Firm Profile
Southwestern Power Firm, an unbiased vitality firm, engages within the exploration, improvement, and manufacturing of pure fuel, oil, and pure fuel liquids (NGLs) in the US. It operates via two segments, Exploration and Manufacturing, and Advertising. The corporate focuses on the event of unconventional pure fuel and oil reservoirs situated in Pennsylvania, West Virginia, Ohio, and Louisiana.
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