Lighthouse Investment Partners LLC purchased a new stake in shares of Woodside Energy Group Ltd (NYSE:WDS – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 13,262 shares of the company’s stock, valued at approximately $249,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new position in shares of Woodside Energy Group during the second quarter valued at approximately $29,000. Russell Investments Group Ltd. grew its position in Woodside Energy Group by 54.3% in the 1st quarter. Russell Investments Group Ltd. now owns 1,710 shares of the company’s stock valued at $34,000 after acquiring an additional 602 shares during the last quarter. Whittier Trust Co. increased its stake in Woodside Energy Group by 25.1% in the second quarter. Whittier Trust Co. now owns 3,063 shares of the company’s stock worth $58,000 after purchasing an additional 615 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Woodside Energy Group by 97.3% during the second quarter. EverSource Wealth Advisors LLC now owns 3,307 shares of the company’s stock worth $60,000 after purchasing an additional 1,631 shares during the last quarter. Finally, Optiver Holding B.V. purchased a new stake in shares of Woodside Energy Group during the fourth quarter valued at $72,000. 3.17% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
WDS has been the subject of a number of research analyst reports. Sanford C. Bernstein lowered shares of Woodside Energy Group from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 20th. Macquarie upgraded Woodside Energy Group to a “strong-buy” rating in a report on Sunday, June 23rd. Royal Bank of Canada upgraded Woodside Energy Group to a “moderate buy” rating in a report on Tuesday, August 6th. The Goldman Sachs Group cut Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 8th. Finally, Morgan Stanley downgraded Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a report on Tuesday, August 27th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Woodside Energy Group presently has a consensus rating of “Hold”.
Woodside Energy Group Stock Up 1.8 %
Shares of WDS stock opened at $17.06 on Monday. The company’s 50 day moving average is $17.24 and its 200 day moving average is $18.32. 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 52-week low of $15.32 and a 52-week high of $23.64.
Woodside Energy Group Increases Dividend
The business also recently declared a Semi-Annual dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Friday, September 6th will be given a $0.67 dividend. This represents a dividend yield of 6.8%. This is a positive change from Woodside Energy Group’s previous Semi-Annual dividend of $0.60. The ex-dividend date of this dividend is Friday, September 6th.
About Woodside Energy Group
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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