Ride Out The Next Market Storm With Southwestern Energy Company (NYSE:SWN), Wells Fargo & Company (NYSE:WFC)

The shares of Southwestern Energy Company (NYSE:SWN) has been pegged with a rating of Hold by SunTrust in its latest research note that was published on December 18, 2019. The Basic Materials company has also assigned a $2 price target. SunTrust wasn’t the only research firm that published a report of Southwestern Energy Company, with other equities research analysts also giving their opinion on the stock. The stock had earned Equal Weight rating from CapitalOne Markets when it published its report on October 11, 2019. UBS was of a view that SWN is Neutral in its latest report on August 14, 2019. BofA/Merrill thinks that SWN is worth Underperform rating. This was contained in the firm’s report on August 07, 2019 in which the stock’s price target was also moved to 2.50.

The price of the stock the last time has raised by 6.04% from its 52-Week high price while it is -67.76% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 37.75.

The shares of the company added by 0.64% during the trading session on Wednesday, reaching a low of $1.54 while ending the day at $1.58. During the trading session, a total of 20.66 million shares were traded which represents a 12.49% incline from the average session volume which is 23.61 million shares. SWN had ended its last session trading at $1.57. Southwestern Energy Company debt-to-equity ratio currently stands at 0.72, while its quick ratio hovers at 0.70 SWN 52-week low price stands at $1.49 while its 52-week high price is $4.90.

The company in its last quarterly report recorded $0.08 earnings per share which is above the predicted by most analysts. The Southwestern Energy Company generated 29.0 million in revenue during the last quarter. In the second quarter last year, the firm recorded $0.08 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -287.5%. Southwestern Energy Company has the potential to record 0.55 EPS for the current fiscal year, according to equities analysts.

Investment analysts at Robert W. Baird published a research note on January 28, 2020 where it informed investors and clients that Wells Fargo & Company (NYSE:WFC) is now rated as Neutral. Their price target on the stock stands at $50. RBC Capital Mkts also rated WFC as Downgrade on January 16, 2020, with its price target of $42 suggesting that WFC could surge by 5.74% from its current share price. Even though the stock has been trading at $47.99/share, analysts expect it to down by -0.42% to reach $50.70/share. It started the day trading at $48.49 and traded between $47.76 and $47.79 throughout the trading session.

A look at its technical shows that WFC’s 50-day SMA is 51.19 while its 200-day SMA stands at 48.93. The stock has a high of $54.75 for the year while the low is $43.34. The stock, however, witnessed a rise in its short on 01/31/20. Compared to previous close which recorded 43.24 M shorted shares, the short percentage went lower by -4.46%, as 41.31M SWN shares were shorted. At the moment, only 1.03% of Wells Fargo & Company shares were sold short. The company’s P/E ratio currently sits at 11.88, while the P/B ratio is 1.21. The company’s average trading volume currently stands at 19.15M shares, which means that the short-interest ratio is just 2.26 days. Over the past seven days, the company moved, with its shift of -1.08%. Looking further, the stock has dropped -11.58% over the past 90 days while it gained 3.98% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Berkshire Hathaway, Inc. (Investm. sold more WFC shares, decreasing its portfolio by -7.67% during the last quarter. This move now sees The Berkshire Hathaway, Inc. (Investm. selling -31,434,755 shares in the last quarter, thus it now holds 378,369,018 shares of WFC, with a total valuation of $17,760,641,705. The Vanguard Group, Inc. meanwhile sold more WFC shares in the recently filed quarter, changing its stake to $14,827,946,353 worth of shares.

Similarly, BlackRock Fund Advisors decreased its Wells Fargo & Company shares by 0.45% during the recently filed quarter. After selling 181,640,602 shares in the last quarter, the firm now controls -827,046 shares of Wells Fargo & Company which are valued at $8,526,209,858. In the same vein, SSgA Funds Management, Inc. decreased its Wells Fargo & Company shares by during the most recent reported quarter. The firm sold 4,667,296 shares during the quarter which decreased its stakes to 169,696,913 shares and is now valued at $7,965,573,096. Following these latest developments, around 78.23% of Wells Fargo & Company stocks are owned by institutional investors and hedge funds.