Truist Financial Corp reduced its stake in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 23.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,082 shares of the company's stock after selling 21,645 shares during the quarter. Truist Financial Corp's holdings in Woodside Energy Group were worth $1,093,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of WDS. Avior Wealth Management LLC lifted its holdings in shares of Woodside Energy Group by 155.3% in the 3rd quarter. Avior Wealth Management LLC now owns 1,644 shares of the company's stock valued at $28,000 after purchasing an additional 1,000 shares during the last quarter. R Squared Ltd purchased a new stake in shares of Woodside Energy Group during the fourth quarter worth approximately $30,000. Nisa Investment Advisors LLC lifted its holdings in Woodside Energy Group by 81.8% in the third quarter. Nisa Investment Advisors LLC now owns 2,000 shares of the company's stock valued at $36,000 after acquiring an additional 900 shares during the period. GAMMA Investing LLC boosted its position in shares of Woodside Energy Group by 43.6% during the 4th quarter. GAMMA Investing LLC now owns 2,176 shares of the company's stock worth $34,000 after purchasing an additional 661 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Woodside Energy Group during the 3rd quarter worth $39,000. 3.17% of the stock is owned by hedge funds and other institutional investors.
Woodside Energy Group Trading Down 1.8 %
Shares of WDS traded down $0.28 during mid-day trading on Tuesday, hitting $15.06. The company had a trading volume of 621,706 shares, compared to its average volume of 811,373. Woodside Energy Group Ltd has a 1-year low of $14.34 and a 1-year high of $20.30. The business's 50-day simple moving average is $15.51 and its 200-day simple moving average is $16.13. The stock has a market cap of $28.60 billion, a PE ratio of 18.40 and a beta of 1.09. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 0.13.
Woodside Energy Group Cuts Dividend
The business also recently announced a semi-annual dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be given a $0.51 dividend. This represents a dividend yield of 7.6%. The ex-dividend date of this dividend is Friday, March 7th. Woodside Energy Group's payout ratio is 124.39%.
Analyst Ratings Changes
WDS has been the topic of a number of research analyst reports. Citigroup raised shares of Woodside Energy Group from a "sell" rating to a "neutral" rating in a report on Tuesday, February 25th. Bank of America raised Woodside Energy Group from a "neutral" rating to a "buy" rating in a research note on Wednesday, January 29th. Four analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Woodside Energy Group has a consensus rating of "Moderate Buy".
View Our Latest Stock Analysis on WDS
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.
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