US Bancorp DE cut its holdings in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 34.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 86,697 shares of the company's stock after selling 44,764 shares during the quarter. US Bancorp DE's holdings in Woodside Energy Group were worth $1,352,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the business. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Woodside Energy Group during the 3rd quarter valued at about $183,000. Nisa Investment Advisors LLC raised its position in Woodside Energy Group by 81.8% during 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 in the last quarter. XY Capital Ltd lifted its holdings in Woodside Energy Group by 554.0% in the third quarter. XY Capital Ltd now owns 334,833 shares of the company's stock valued at $5,773,000 after acquiring an additional 283,633 shares during the period. Oppenheimer & Co. Inc. boosted its position in Woodside Energy Group by 18.7% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 45,623 shares of the company's stock worth $787,000 after purchasing an additional 7,174 shares in the last quarter. Finally, Hourglass Capital LLC boosted its position in Woodside Energy Group by 10.5% in the 3rd quarter. Hourglass Capital LLC now owns 219,471 shares of the company's stock worth $3,784,000 after purchasing an additional 20,912 shares in the last quarter. 3.17% of the stock is currently owned by institutional investors and hedge funds.
Woodside Energy Group Price Performance
Shares of NYSE:WDS traded down $0.08 during midday trading on Wednesday, reaching $14.36. 668,071 shares of the company's stock traded hands, compared to its average volume of 851,400. The company has a market cap of $27.26 billion, a P/E ratio of 17.51 and a beta of 1.03. The company has a fifty day simple moving average of $15.45 and a two-hundred day simple moving average of $16.01. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.09 and a current ratio of 1.24. Woodside Energy Group Ltd has a 1 year low of $14.22 and a 1 year high of $20.30.
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. The ex-dividend date of this dividend is Friday, March 7th. This represents a dividend yield of 7.6%. Woodside Energy Group's dividend payout ratio (DPR) is 124.39%.
Analyst Ratings Changes
Several research firms have recently weighed in on WDS. 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 upgraded shares of Woodside Energy Group from a "neutral" rating to a "buy" rating in a research report on Wednesday, January 29th. Four equities research 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, the stock presently has a consensus rating of "Moderate Buy".
Get Our Latest Research Report 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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