Captrust Financial Advisors Has $178,000 Holdings in Woodside Energy Group Ltd (NYSE:WDS)

Captrust Financial Advisors cut its holdings in Woodside Energy Group Ltd (NYSE:WDS) by 52.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,409 shares of the company’s stock after selling 12,604 shares during the period. Captrust Financial Advisors’ holdings in Woodside Energy Group were worth $178,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of WDS. Northern Trust Corp grew its stake in Woodside Energy Group by 713.0% during the fourth quarter. Northern Trust Corp now owns 1,089,286 shares of the company’s stock worth $16,993,000 after buying an additional 955,303 shares in the last quarter. Marshall Wace LLP bought a new position in Woodside Energy Group in the 4th quarter valued at approximately $7,809,000. Raymond James Financial Inc. bought a new position in Woodside Energy Group during the 4th quarter worth approximately $6,554,000. Summit Global Investments bought a new position in Woodside Energy Group during the 4th quarter worth approximately $5,308,000. Finally, Natixis Advisors LLC raised its holdings in Woodside Energy Group by 15.6% during the 4th quarter. Natixis Advisors LLC now owns 1,774,759 shares of the company’s stock worth $27,686,000 after purchasing an additional 239,308 shares during the last quarter. 3.17% of the stock is currently owned by institutional investors and hedge funds.

Woodside Energy Group Price Performance

WDS opened at $13.77 on Friday. The company has a market capitalization of $26.14 billion, a price-to-earnings ratio of 16.79 and a beta of 0.61. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average price of $13.36 and a 200-day moving average price of $14.73. Woodside Energy Group Ltd has a twelve month low of $11.26 and a twelve month high of $20.17.

Woodside Energy Group Cuts Dividend

The company also recently announced a semi-annual dividend, which was paid on Wednesday, April 2nd. Investors of record on Friday, March 7th were issued a dividend of $0.51 per share. This represents a yield of 7.6%. The ex-dividend date was Friday, March 7th. Woodside Energy Group’s dividend payout ratio (DPR) is presently 124.39%.

Analysts Set New Price Targets

Several brokerages have recently commented on WDS. Macquarie downgraded shares of Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 8th. Bank of America upgraded Woodside Energy Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 29th. Finally, Citigroup upgraded Woodside Energy Group from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 25th. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

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.