Mediolanum International Funds Ltd bought a new position in Woodside Energy Group Ltd (NYSE:WDS - Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 41,634 shares of the company's stock, valued at approximately $702,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rothschild Investment LLC acquired a new stake in shares of Woodside Energy Group in the second quarter valued at $29,000. Russell Investments Group Ltd. grew its stake in shares of Woodside Energy Group by 54.3% in the 1st quarter. Russell Investments Group Ltd. now owns 1,710 shares of the company's stock worth $34,000 after purchasing an additional 602 shares during the last quarter. Whittier Trust Co. raised its holdings in shares of Woodside Energy Group by 25.1% in the 2nd quarter. Whittier Trust Co. now owns 3,063 shares of the company's stock worth $58,000 after purchasing an additional 615 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Woodside Energy Group by 97.3% during the second quarter. EverSource Wealth Advisors LLC now owns 3,307 shares of the company's stock valued at $60,000 after purchasing an additional 1,631 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new stake in Woodside Energy Group during the first quarter worth approximately $92,000. 3.17% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of brokerages recently weighed in on WDS. Citigroup cut Woodside Energy Group from a "neutral" rating to a "sell" rating in a research note on Wednesday, September 4th. The Goldman Sachs Group lowered shares of Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 8th. Sanford C. Bernstein downgraded shares of Woodside Energy Group from an "outperform" rating to a "market perform" rating in a research report on Tuesday, August 20th. Morgan Stanley cut shares of Woodside Energy Group from an "overweight" rating to an "equal weight" rating in a research report on Tuesday, August 27th. Finally, Royal Bank of Canada upgraded Woodside Energy Group to a "moderate buy" rating in a report on Tuesday, August 6th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold".
Check Out Our Latest Report on Woodside Energy Group
Woodside Energy Group Stock Performance
NYSE:WDS traded down $0.09 on Monday, hitting $16.02. 1,064,790 shares of the company's stock traded hands, compared to its average volume of 923,817. 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 50-day moving average price of $17.14 and a 200-day moving average price of $17.94. Woodside Energy Group Ltd has a 1 year low of $15.32 and a 1 year high of $22.24.
Woodside Energy Group Increases Dividend
The business also recently announced a Semi-Annual dividend, which was paid on Thursday, October 3rd. Shareholders of record on Friday, September 6th were given a $0.67 dividend. This is an increase from Woodside Energy Group's previous Semi-Annual dividend of $0.60. The ex-dividend date of this dividend was Friday, September 6th. This represents a yield of 6.8%.
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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