As Southwest Gas Holdings INC (SWX) Share Value Rose, Shareholder Proshare Advisors LLC Has Lifted Position

October 13, 2018 - By Nellie Frank

Investors sentiment increased to 1.38 in 2018 Q2. Its up 0.11, from 1.27 in 2018Q1. It is positive, as 20 investors sold SWX shares while 68 reduced holdings. 32 funds opened positions while 89 raised stakes. 40.24 million shares or 3.81% more from 38.76 million shares in 2018Q1 were reported. Bessemer Inc owns 0.03% invested in Southwest Gas Holdings, Inc. (NYSE:SWX) for 101,127 shares. Magellan Asset Mgmt Limited holds 0.01% or 37,402 shares in its portfolio. 12,432 were reported by Balyasny Asset Mngmt Limited Com. Florida-based Raymond James Fincl Advsrs has invested 0% in Southwest Gas Holdings, Inc. (NYSE:SWX). Gemmer Asset Mngmt Limited Liability reported 0% in Southwest Gas Holdings, Inc. (NYSE:SWX). Van Den Berg Mngmt I reported 20,025 shares. Thrivent For Lutherans reported 0.04% stake. Profund Advisors Ltd Liability Corp invested in 8,988 shares. 13,100 were reported by Louisiana State Employees Retirement. 160,602 were accumulated by Wells Fargo Co Mn. Vident Invest Advisory Ltd Liability Corporation accumulated 5,960 shares or 0.02% of the stock. Amundi Pioneer Asset Management stated it has 0% in Southwest Gas Holdings, Inc. (NYSE:SWX). Voya Investment Mgmt reported 19,143 shares. Hennessy Advsrs Inc holds 234,317 shares or 0.61% of its portfolio. Moreover, Numerixs Inv Tech has 0.03% invested in Southwest Gas Holdings, Inc. (NYSE:SWX) for 1,500 shares.

Proshare Advisors Llc increased its stake in Southwest Gas Holdings Inc (SWX) by 796.74% based on its latest 2018Q2 regulatory filing with the SEC. Proshare Advisors Llc bought 87,036 shares as the company’s stock rose 12.55% with the market. The institutional investor held 97,960 shares of the oil & gas production company at the end of 2018Q2, valued at $7.47 million, up from 10,924 at the end of the previous reported quarter. Proshare Advisors Llc who had been investing in Southwest Gas Holdings Inc for a number of months, seems to be bullish on the $3.82 billion market cap company. The stock decreased 2.53% or $2.02 during the last trading session, reaching $77.74. About 243,886 shares traded or 36.67% up from the average. Southwest Gas Holdings, Inc. (NYSE:SWX) has risen 3.33% since October 13, 2017 and is uptrending. It has underperformed by 12.29% the S&P500.

Proshare Advisors Llc, which manages about $28.14 billion and $14.92 billion US Long portfolio, decreased its stake in International Business Machs (NYSE:IBM) by 49,102 shares to 359,686 shares, valued at $50.25M in 2018Q2, according to the filing. It also reduced its holding in Hormel Foods Corp (NYSE:HRL) by 219,013 shares in the quarter, leaving it with 1.86 million shares, and cut its stake in Citigroup Inc (NYSE:C).

Another recent and important Southwest Gas Holdings, Inc. (NYSE:SWX) news was published by Nasdaq.com which published an article titled: “Report: Exploring Fundamental Drivers Behind Ebix, Southwest Gas, Campbell Soup, La-Z-Boy, At Home Group, and …” on October 08, 2018.

Southwest Gas Holdings, Inc. (NYSE:SWX) Ratings Coverage

Among 2 analysts covering Southwest Gas Holdings (NYSE:SWX), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Southwest Gas Holdings had 3 analyst reports since June 5, 2018 according to SRatingsIntel. The firm has “Underperform” rating given on Monday, July 30 by Bank of America. The firm has “Neutral” rating by Citigroup given on Wednesday, October 3. The firm has “Neutral” rating given on Tuesday, June 5 by Bank of America.

Southwest Gas Holdings, Inc. (NYSE:SWX) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>