Ameriprise Financial Inc. Sells 1,787 Shares of Woodside Energy Group Ltd (NYSE:WDS)

Ameriprise Financial Inc. trimmed its position in shares of Woodside Energy Group Ltd (NYSE:WDS) by 4.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,644 shares of the company’s stock after selling 1,787 shares during the period. Ameriprise Financial Inc.’s holdings in Woodside Energy Group were worth $556,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Mercer Global Advisors Inc. ADV raised its stake in Woodside Energy Group by 10.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 12,434 shares of the company’s stock worth $194,000 after buying an additional 1,155 shares in the last quarter. Parvin Asset Management LLC bought a new position in Woodside Energy Group in the fourth quarter worth about $94,000. Schonfeld Strategic Advisors LLC bought a new position in Woodside Energy Group in the fourth quarter worth about $1,081,000. Northern Trust Corp raised its stake in Woodside Energy Group by 713.0% in 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. Finally, Syon Capital LLC raised its stake in Woodside Energy Group by 147.1% in the fourth quarter. Syon Capital LLC now owns 28,507 shares of the company’s stock worth $445,000 after buying an additional 16,969 shares in the last quarter. 3.17% of the stock is owned by institutional investors.

Woodside Energy Group Trading Down 0.1%

NYSE:WDS opened at $14.50 on Wednesday. The company’s 50 day moving average price is $13.31 and its 200-day moving average price is $14.65. Woodside Energy Group Ltd has a 52 week low of $11.26 and a 52 week high of $20.17. 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 stock has a market cap of $27.53 billion, a price-to-earnings ratio of 17.68 and a beta of 0.61.

Analyst Ratings Changes

A number of research firms recently issued reports on WDS. Citigroup raised shares of Woodside Energy Group from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 25th. Macquarie downgraded shares of Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 8th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus 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.