Mariner LLC Has $1.43 Million Position in Woodside Energy Group Ltd (NYSE:WDS)

Mariner LLC grew its stake in Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 37.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,564 shares of the company's stock after purchasing an additional 24,926 shares during the period. Mariner LLC's holdings in Woodside Energy Group were worth $1,428,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. GAMMA Investing LLC lifted its holdings in Woodside Energy Group by 43.6% during the 4th quarter. GAMMA Investing LLC now owns 2,176 shares of the company's stock valued at $34,000 after purchasing an additional 661 shares during the last quarter. Virtu Financial LLC lifted its holdings in Woodside Energy Group by 7.1% during the 4th quarter. Virtu Financial LLC now owns 12,215 shares of the company's stock valued at $191,000 after purchasing an additional 813 shares during the last quarter. Mission Wealth Management LP lifted its holdings in Woodside Energy Group by 8.2% during the 4th quarter. Mission Wealth Management LP now owns 11,650 shares of the company's stock valued at $182,000 after purchasing an additional 881 shares during the last quarter. Sei Investments Co. lifted its holdings in Woodside Energy Group by 2.1% during the 4th quarter. Sei Investments Co. now owns 56,689 shares of the company's stock valued at $884,000 after purchasing an additional 1,153 shares during the last quarter. Finally, Rhumbline Advisers lifted its holdings in Woodside Energy Group by 3.1% during the 4th quarter. Rhumbline Advisers now owns 43,629 shares of the company's stock valued at $681,000 after purchasing an additional 1,314 shares during the last quarter. 3.17% of the stock is owned by institutional investors.

Woodside Energy Group Trading Up 1.1 %

Shares of NYSE:WDS traded up $0.14 during trading on Monday, hitting $13.04. 728,081 shares of the company's stock were exchanged, compared to its average volume of 954,161. Woodside Energy Group Ltd has a 1-year low of $11.26 and a 1-year high of $20.17. The firm has a 50-day moving average price of $13.84 and a two-hundred day moving average price of $15.05. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13. The firm has a market cap of $24.76 billion, a P/E ratio of 15.90 and a beta of 0.76.

Woodside Energy Group Cuts Dividend

The firm also recently declared 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 is 124.39%.

Analysts Set New Price Targets

WDS has been the subject of several analyst reports. Bank of America raised shares of Woodside Energy Group from a "neutral" rating to a "buy" rating in a report on Wednesday, January 29th. Macquarie downgraded shares of Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 8th. Finally, Citigroup raised shares of Woodside Energy Group from a "sell" rating to a "neutral" rating in a research note on Tuesday, February 25th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold".

Woodside Energy Group Company 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.