Fisher Asset Management LLC lessened its stake in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 93.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 252,658 shares of the company's stock after selling 3,659,427 shares during the quarter. Fisher Asset Management LLC's holdings in Woodside Energy Group were worth $3,941,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in the stock. GAMMA Investing LLC increased its stake in shares of Woodside Energy Group by 43.6% during the fourth 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. Nisa Investment Advisors LLC grew its position 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 worth $36,000 after buying an additional 900 shares during the last quarter. Avior Wealth Management LLC grew its position 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 buying an additional 1,000 shares during the last quarter. Rhumbline Advisers grew its position 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 buying an additional 1,314 shares during the last quarter. Finally, Cromwell Holdings LLC grew its position in Woodside Energy Group by 34.1% in the fourth quarter. Cromwell Holdings LLC now owns 5,957 shares of the company's stock worth $93,000 after buying an additional 1,515 shares during the last quarter. Institutional investors and hedge funds own 3.17% of the company's stock.
Analyst Ratings Changes
Several research analysts have issued reports on WDS shares. Citigroup upgraded shares of Woodside Energy Group from a "sell" rating to a "neutral" rating in a research 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 analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy".
View Our Latest Report on WDS
Woodside Energy Group Stock Down 4.4 %
Shares of WDS stock traded down $0.67 on Friday, hitting $14.43. The company's stock had a trading volume of 1,151,288 shares, compared to its average volume of 834,840. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.24 and a quick ratio of 1.09. Woodside Energy Group Ltd has a fifty-two week low of $14.34 and a fifty-two week high of $20.30. The firm's fifty day moving average price is $15.49 and its 200-day moving average price is $16.08. The stock has a market capitalization of $27.39 billion, a price-to-earnings ratio of 17.59 and a beta of 1.03.
Woodside Energy Group Cuts Dividend
The business also recently disclosed a semi-annual dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be given a dividend of $0.51 per share. This represents a dividend yield of 7.6%. The ex-dividend date of this dividend is Friday, March 7th. Woodside Energy Group's dividend payout ratio is currently 124.39%.
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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