Kahn Brothers Group Lifted Its Bp Plc (BP) Stake by $347.21 Million; Share Value Rose; Jabre Capital Partners Sa Trimmed Southwestern Energy Co (SWN) Holding by $4.32 Million

January 21, 2018 - By Henry Gaston

Philippe Jabre decreased its stake in Southwestern Energy Co (SWN) by 43.37% based on its latest 2017Q3 regulatory filing with the SEC. Jabre Capital Partners Sa sold 720,000 shares as the company’s stock declined 18.09% while stock markets rallied. The hedge fund run by Philippe Jabre held 940,000 shares of the oil & gas production company at the end of 2017Q3, valued at $5.74 million, down from 1.66M at the end of the previous reported quarter. Jabre Capital Partners Sa who had been investing in Southwestern Energy Co for a number of months, seems to be less bullish one the $2.60 billion market cap company. The stock decreased 1.72% or $0.09 during the last trading session, reaching $5.14. About 21.60M shares traded or 5.98% up from the average. Southwestern Energy Company (NYSE:SWN) has declined 41.00% since January 21, 2017 and is downtrending. It has underperformed by 57.70% the S&P500.

Irving Kahn increased its stake in Bp Plc (BP) by 0.65% based on its latest 2017Q3 regulatory filing with the SEC. Kahn Brothers Group Inc bought 9,035 shares as the company’s stock rose 10.53% with the market. The hedge fund run by Irving Kahn held 1.41M shares of the integrated oil company at the end of 2017Q3, valued at $54.10B, up from 1.40 million at the end of the previous reported quarter. Kahn Brothers Group Inc who had been investing in Bp Plc for a number of months, seems to be bullish on the $132.63B market cap company. The stock decreased 1.17% or $0.5 during the last trading session, reaching $42.4. About 5.49M shares traded or 19.72% up from the average. BP p.l.c. (NYSE:BP) has risen 15.51% since January 21, 2017 and is uptrending. It has underperformed by 1.19% the S&P500.

Among 32 analysts covering Southwestern Energy Company (NYSE:SWN), 9 have Buy rating, 5 Sell and 18 Hold. Therefore 28% are positive. Southwestern Energy Company had 103 analyst reports since July 21, 2015 according to SRatingsIntel. On Wednesday, October 11 the stock rating was maintained by Barclays Capital with “Equal-Weight”. On Monday, October 30 the stock rating was maintained by Barclays Capital with “Equal-Weight”. As per Friday, July 22, the company rating was upgraded by JP Morgan. The company was maintained on Thursday, June 8 by RBC Capital Markets. The rating was maintained by BMO Capital Markets with “Buy” on Tuesday, November 14. The rating was maintained by Piper Jaffray on Thursday, July 13 with “Hold”. The firm has “Neutral” rating by Suntrust Robinson given on Tuesday, February 2. The firm has “Overweight” rating given on Monday, October 26 by Barclays Capital. Morgan Stanley maintained the shares of SWN in report on Wednesday, October 18 with “Underweight” rating. On Tuesday, November 21 the stock rating was downgraded by Mizuho to “Neutral”.

Jabre Capital Partners Sa, which manages about $514.37 million US Long portfolio, upped its stake in Pandora Media Inc (NYSE:P) by 560,000 shares to 610,000 shares, valued at $4.70 million in 2017Q3, according to the filing. It also increased its holding in Tahoe Res Inc (NYSE:TAHO) by 150,000 shares in the quarter, for a total of 620,000 shares, and has risen its stake in Wells Fargo Co New (NYSE:WFC).

Analysts await Southwestern Energy Company (NYSE:SWN) to report earnings on February, 22. They expect $0.14 EPS, up 75.00% or $0.06 from last year’s $0.08 per share. SWN’s profit will be $70.68 million for 9.18 P/E if the $0.14 EPS becomes a reality. After $0.06 actual EPS reported by Southwestern Energy Company for the previous quarter, Wall Street now forecasts 133.33% EPS growth.

Investors sentiment increased to 1.08 in 2017 Q3. Its up 0.09, from 0.99 in 2017Q2. It increased, as 51 investors sold SWN shares while 94 reduced holdings. 48 funds opened positions while 108 raised stakes. 429.64 million shares or 0.84% less from 433.26 million shares in 2017Q2 were reported. 686,718 are held by Royal Retail Bank Of Canada. Glenmede Trust Na reported 31,506 shares. Northwestern Mutual Wealth reported 6,863 shares. Polar Asset Management Prtnrs has 0.05% invested in Southwestern Energy Company (NYSE:SWN). Stifel Finance has invested 0% in Southwestern Energy Company (NYSE:SWN). Advisers Ltd Llc reported 0% in Southwestern Energy Company (NYSE:SWN). Northern Tru Corp has invested 0.01% in Southwestern Energy Company (NYSE:SWN). Macquarie holds 0% or 294,000 shares in its portfolio. Price T Rowe Assoc Md reported 73,918 shares stake. First Republic Investment Mgmt has invested 0% of its portfolio in Southwestern Energy Company (NYSE:SWN). Cannell Peter B & stated it has 0.07% in Southwestern Energy Company (NYSE:SWN). Us National Bank & Trust De accumulated 29,535 shares or 0% of the stock. Woodstock has invested 0.04% of its portfolio in Southwestern Energy Company (NYSE:SWN). Ontario – Canada-based Financial Bank Of Montreal Can has invested 0% in Southwestern Energy Company (NYSE:SWN). Wedge Cap Mngmt L Limited Partnership Nc reported 2.44M shares stake.

Among 29 analysts covering BP (NYSE:BP), 19 have Buy rating, 2 Sell and 8 Hold. Therefore 66% are positive. BP had 53 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was upgraded by Deutsche Bank to “Buy” on Wednesday, April 5. The stock has “Buy” rating by UBS on Wednesday, December 21. The firm has “Buy” rating given on Tuesday, December 15 by Credit Agricole. Societe Generale downgraded BP p.l.c. (NYSE:BP) on Wednesday, November 2 to “Hold” rating. The rating was downgraded by Jefferies on Friday, September 11 to “Hold”. The firm has “Outperform” rating given on Thursday, September 10 by Bernstein. Macquarie Research initiated BP p.l.c. (NYSE:BP) on Wednesday, September 23 with “Neutral” rating. As per Friday, July 31, the company rating was upgraded by Argus Research. Jefferies maintained the shares of BP in report on Tuesday, August 29 with “Hold” rating. As per Friday, March 18, the company rating was initiated by Nomura.

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