Raymond James Financial Inc. bought a new stake in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 420,158 shares of the company's stock, valued at approximately $6,554,000.
A number of other hedge funds have also made changes to their positions in WDS. GAMMA Investing LLC boosted 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 last quarter. Virtu Financial LLC raised its stake in shares of Woodside Energy Group by 7.1% in 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 in the last quarter. Mission Wealth Management LP lifted its position in shares of Woodside Energy Group by 8.2% during the fourth quarter. Mission Wealth Management LP now owns 11,650 shares of the company's stock worth $182,000 after purchasing an additional 881 shares during the last quarter. Sei Investments Co. lifted its position in shares of Woodside Energy Group by 2.1% during the fourth quarter. Sei Investments Co. now owns 56,689 shares of the company's stock worth $884,000 after purchasing an additional 1,153 shares during the last quarter. Finally, Rhumbline Advisers grew its stake in Woodside Energy Group by 3.1% in the fourth quarter. Rhumbline Advisers now owns 43,629 shares of the company's stock worth $681,000 after purchasing an additional 1,314 shares in the last quarter. Institutional investors and hedge funds own 3.17% of the company's stock.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on WDS shares. Macquarie lowered Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 8th. Citigroup raised shares of Woodside Energy Group from a "sell" rating to a "neutral" rating in a report on Tuesday, February 25th. Finally, Bank of America upgraded shares of Woodside Energy Group from a "neutral" rating to a "buy" rating in a research note on Wednesday, January 29th. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, Woodside Energy Group currently has a consensus rating of "Hold".
Read Our Latest Report on WDS
Woodside Energy Group Stock Performance
Shares of NYSE WDS traded up $0.02 during mid-day trading on Friday, hitting $12.91. The company had a trading volume of 561,633 shares, compared to its average volume of 955,063. Woodside Energy Group Ltd has a 12 month low of $11.26 and a 12 month high of $20.17. The stock has a market cap of $24.51 billion, a price-to-earnings ratio of 15.74 and a beta of 0.76. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.24 and a quick ratio of 1.09. The firm's 50 day simple moving average is $13.87 and its two-hundred day simple moving average is $15.11.
Woodside Energy Group Cuts Dividend
The business also recently announced a semi-annual dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th were paid a $0.51 dividend. This represents a yield of 7.6%. The ex-dividend date of this dividend was Friday, March 7th. Woodside Energy Group's payout ratio is 124.39%.
About Woodside Energy Group
(
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.
Further Reading
Before you consider Woodside Energy Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Woodside Energy Group wasn't on the list.
While Woodside Energy Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
