Natixis Advisors LLC lifted its position in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 15.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,774,759 shares of the company's stock after acquiring an additional 239,308 shares during the period. Natixis Advisors LLC owned approximately 0.09% of Woodside Energy Group worth $27,686,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its stake 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 acquiring an additional 661 shares during the period. Mission Wealth Management LP lifted its position in Woodside Energy Group by 8.2% during the fourth 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 period. Avior Wealth Management LLC boosted its holdings in Woodside Energy Group by 155.3% in the third quarter. Avior Wealth Management LLC now owns 1,644 shares of the company's stock worth $28,000 after purchasing an additional 1,000 shares during the last quarter. Rhumbline Advisers grew its position in Woodside Energy Group by 3.1% in the 4th quarter. Rhumbline Advisers now owns 43,629 shares of the company's stock worth $681,000 after purchasing an additional 1,314 shares during the period. Finally, Cromwell Holdings LLC raised its stake in Woodside Energy Group by 34.1% during the 4th quarter. Cromwell Holdings LLC now owns 5,957 shares of the company's stock valued at $93,000 after buying an additional 1,515 shares during the last quarter. 3.17% of the stock is currently owned by hedge funds and other institutional investors.
Woodside Energy Group Stock Performance
Shares of WDS stock traded down $0.22 during mid-day trading on Friday, reaching $14.20. 1,045,193 shares of the company's stock traded hands, compared to its average volume of 919,841. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.09 and a current ratio of 1.24. The firm has a market capitalization of $26.97 billion, a PE ratio of 17.32 and a beta of 1.03. Woodside Energy Group Ltd has a 12 month low of $14.11 and a 12 month high of $20.30. The firm has a 50 day moving average price of $15.26 and a two-hundred day moving average price of $15.86.
Woodside Energy Group Cuts Dividend
The business also recently declared a semi-annual dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th will be issued a dividend of $0.51 per share. This represents a yield of 7.6%. The ex-dividend date of this dividend is Friday, March 7th. Woodside Energy Group's dividend payout ratio is presently 124.39%.
Analysts Set New Price Targets
WDS has been the topic of a number of research reports. Citigroup upgraded Woodside Energy Group from a "sell" rating to a "neutral" rating in a research note on Tuesday, February 25th. Bank of America raised Woodside Energy Group from a "neutral" rating to a "buy" rating in a research report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy".
View Our Latest Stock Analysis on WDS
Woodside Energy Group Profile
(
Free Report)
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.
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