SIH Partners LLLP Purchases New Shares in Woodside Energy Group Ltd (NYSE:WDS)

SIH Partners LLLP acquired a new stake in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 93,167 shares of the company's stock, valued at approximately $1,453,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of WDS. Natixis Advisors LLC boosted its stake in shares of Woodside Energy Group by 15.6% during the fourth quarter. Natixis Advisors LLC now owns 1,774,759 shares of the company's stock valued at $27,686,000 after purchasing an additional 239,308 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Woodside Energy Group by 5.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 853,601 shares of the company's stock worth $13,315,000 after buying an additional 42,172 shares during the period. First Trust Advisors LP boosted its position in Woodside Energy Group by 28.9% during the 4th quarter. First Trust Advisors LP now owns 702,363 shares of the company's stock worth $10,957,000 after buying an additional 157,618 shares during the period. Marshall Wace LLP bought a new stake in Woodside Energy Group during the 4th quarter worth approximately $7,809,000. Finally, Raymond James Financial Inc. acquired a new position in Woodside Energy Group in the 4th quarter valued at approximately $6,554,000. Institutional investors own 3.17% of the company's stock.

Woodside Energy Group Trading Up 0.2 %

NYSE WDS traded up $0.02 during trading hours on Friday, hitting $12.91. 561,633 shares of the company's stock were exchanged, compared to its average volume of 954,337. The firm has a market cap of $24.51 billion, a price-to-earnings ratio of 15.74 and a beta of 0.76. The stock has a 50-day simple moving average of $13.91 and a 200 day simple moving average of $15.15. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13. Woodside Energy Group Ltd has a 1-year low of $11.26 and a 1-year high of $20.17.

Woodside Energy Group Cuts Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th were given a dividend of $0.51 per share. This represents a dividend yield of 7.6%. The ex-dividend date of this dividend was Friday, March 7th. Woodside Energy Group's dividend payout ratio (DPR) is 124.39%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Citigroup upgraded shares of Woodside Energy Group from a "sell" rating to a "neutral" rating in a report on Tuesday, February 25th. Macquarie lowered Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 8th. Finally, Bank of America upgraded Woodside Energy Group from a "neutral" rating to a "buy" rating in a research report on Wednesday, January 29th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold".

Woodside Energy Group Profile

Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, and marketing of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe. The company produces liquefied natural gas, pipeline gas, crude oil and condensate, and natural gas liquids. It holds interests in the Pluto LNG, North West Shelf, Wheatstone and Julimar-Brunello, Bass Strait, Ngujima-Yin FPSO, Okha FPSO, Pyrenees FPSO, Macedon, Shenzi, Mad dog, Greater Angostura, as well as Scarborough, Sangomar, Trion, Calypso, Browse, Liard, Atlantis, Woodside Solar opportunity, and Sunrise and Troubadour.