International Assets Investment Management LLC Takes Position in Woodside Energy Group Ltd (NYSE:WDS)

International Assets Investment Management LLC purchased a new position in shares of Woodside Energy Group Ltd (NYSE:WDS) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 47,895 shares of the company’s stock, valued at approximately $1,010,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of WDS. Raymond James & Associates increased its stake in Woodside Energy Group by 15.5% during the 3rd quarter. Raymond James & Associates now owns 492,367 shares of the company’s stock worth $11,467,000 after buying an additional 66,165 shares in the last quarter. UBS Group AG raised its stake in Woodside Energy Group by 324.4% in the 3rd quarter. UBS Group AG now owns 143,178 shares of the company’s stock valued at $3,335,000 after purchasing an additional 109,445 shares during the last quarter. Citigroup Inc. lifted its holdings in Woodside Energy Group by 45.4% in the 3rd quarter. Citigroup Inc. now owns 14,768 shares of the company’s stock valued at $344,000 after purchasing an additional 4,610 shares in the last quarter. FMR LLC boosted its stake in Woodside Energy Group by 10.3% during the 3rd quarter. FMR LLC now owns 1,118,056 shares of the company’s stock worth $26,040,000 after purchasing an additional 104,176 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its holdings in shares of Woodside Energy Group by 786.3% during the third quarter. Qube Research & Technologies Ltd now owns 214,886 shares of the company’s stock worth $5,005,000 after buying an additional 190,642 shares in the last quarter. 3.17% of the stock is owned by hedge funds and other institutional investors.

Woodside Energy Group Price Performance

Shares of NYSE WDS opened at $18.43 on Tuesday. The stock has a market capitalization of $18.13 billion, a price-to-earnings ratio of 14.18 and a beta of 1.07. Woodside Energy Group Ltd has a 52 week low of $18.19 and a 52 week high of $25.84. The firm has a 50-day simple moving average of $19.66 and a 200-day simple moving average of $20.59. The company has a quick ratio of 0.90, a current ratio of 1.03 and a debt-to-equity ratio of 0.14.

Woodside Energy Group Cuts Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Thursday, April 4th. Shareholders of record on Friday, March 8th were issued a $0.60 dividend. The ex-dividend date was Thursday, March 7th. This represents a yield of 7%. Woodside Energy Group’s payout ratio is 89.23%.

Woodside Energy Group Profile

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.