Can analysts adopt a bullish outlook for Southwest Gas Holdings, Inc. (NYSE:SWX)?

June 13, 2018 - By Adrian Erickson

Investors sentiment increased to 1.27 in 2018 Q1. Its up 0.13, from 1.14 in 2017Q4. It improved, as 20 investors sold Southwest Gas Holdings, Inc. shares while 70 reduced holdings. 36 funds opened positions while 78 raised stakes. 38.76 million shares or 3.93% more from 37.29 million shares in 2017Q4 were reported.
Bessemer Gp stated it has 100,959 shares. Architects Incorporated reported 31 shares. 853,022 were reported by Ajo L P. Victory Mgmt has invested 0.09% in Southwest Gas Holdings, Inc. (NYSE:SWX). Art Advsr Limited Com stated it has 0.02% of its portfolio in Southwest Gas Holdings, Inc. (NYSE:SWX). Commonwealth Of Pennsylvania Pub School Empls Retrmt has 0.01% invested in Southwest Gas Holdings, Inc. (NYSE:SWX). Morgan Stanley has invested 0% of its portfolio in Southwest Gas Holdings, Inc. (NYSE:SWX). Texas Permanent School Fund holds 0.03% or 31,882 shares. Millennium Mngmt Ltd accumulated 671,315 shares. Oregon-based Oregon Employees Retirement Fund has invested 0.02% in Southwest Gas Holdings, Inc. (NYSE:SWX). Rothschild Asset Inc owns 168,045 shares. Illinois-based Balyasny Asset Mngmt Lc has invested 0.05% in Southwest Gas Holdings, Inc. (NYSE:SWX). Arizona State Retirement System holds 0.02% of its portfolio in Southwest Gas Holdings, Inc. (NYSE:SWX) for 32,557 shares. 452,517 were reported by Geode Mgmt Ltd Liability Com. State Treasurer State Of Michigan holds 0.01% or 17,600 shares in its portfolio.

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

Among 4 analysts covering Southwest Gas Holdings (NYSE:SWX), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Southwest Gas Holdings had 6 analyst reports since December 19, 2017 according to SRatingsIntel. Jefferies maintained Southwest Gas Holdings, Inc. (NYSE:SWX) rating on Wednesday, December 20. Jefferies has “Hold” rating and $72.0 target. Jefferies maintained the shares of SWX in report on Wednesday, March 28 with “Hold” rating. The company was upgraded on Tuesday, December 19 by UBS. Bank of America maintained Southwest Gas Holdings, Inc. (NYSE:SWX) rating on Tuesday, June 5. Bank of America has “Neutral” rating and $76 target. Citigroup maintained Southwest Gas Holdings, Inc. (NYSE:SWX) rating on Tuesday, March 27. Citigroup has “Neutral” rating and $73 target. The firm earned “Buy” rating on Friday, March 2 by UBS. Below is a list of Southwest Gas Holdings, Inc. (NYSE:SWX) latest ratings and price target changes.

05/06/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $73 New Target: $76 Maintain
28/03/2018 Broker: Jefferies Rating: Hold New Target: $69.0000 Maintain
27/03/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $82 New Target: $73 Maintain
02/03/2018 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $93 New Target: $89 Maintain
20/12/2017 Broker: Jefferies Rating: Hold New Target: $72.0 Maintain
19/12/2017 Broker: UBS Old Rating: Neutral New Rating: Buy Old Target: $85 Upgrade

The stock decreased 0.76% or $0.56 during the last trading session, reaching $72.99. About 269,931 shares traded or 3.95% up from the average. Southwest Gas Holdings, Inc. (NYSE:SWX) has declined 7.51% since June 13, 2017 and is downtrending. It has underperformed by 20.08% the S&P500.

Southwest Gas Holdings, Inc. purchases, distributes, and transports natural gas in Arizona, Nevada, and California. The company has market cap of $3.53 billion. The firm operates through two divisions, Natural Gas Operations and Construction Services. It has a 18.07 P/E ratio. As of December 31, 2016, it had 1,984,000 residential, commercial, industrial, and other natural gas customers.

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

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