Callan Capital LLC Takes $237,000 Position in Woodside Energy Group Ltd (NYSE:WDS)

Callan Capital LLC acquired a new stake in Woodside Energy Group Ltd (NYSE:WDS - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,337 shares of the company's stock, valued at approximately $237,000.

Other hedge funds have also modified their holdings of the company. Huntington National Bank increased its holdings in shares of Woodside Energy Group by 482.5% in the fourth quarter. Huntington National Bank now owns 1,730 shares of the company's stock valued at $27,000 after purchasing an additional 1,433 shares during the period. Greenline Partners LLC acquired a new stake in Woodside Energy Group during the fourth quarter worth about $30,000. Smartleaf Asset Management LLC grew its holdings in Woodside Energy Group by 201.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,558 shares of the company's stock worth $54,000 after acquiring an additional 2,379 shares during the period. Bessemer Group Inc. grew its holdings in Woodside Energy Group by 135.6% during the fourth quarter. Bessemer Group Inc. now owns 3,603 shares of the company's stock worth $56,000 after acquiring an additional 2,074 shares during the period. Finally, Parvin Asset Management LLC acquired a new stake in Woodside Energy Group during the fourth quarter worth about $94,000. 3.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

WDS has been the topic of several analyst reports. CLSA raised Woodside Energy Group to a "strong-buy" rating in a report on Tuesday, June 24th. Macquarie downgraded Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 8th. Five research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Woodside Energy Group has a consensus rating of "Hold".

Woodside Energy Group Price Performance

WDS stock traded down $0.08 during mid-day trading on Wednesday, reaching $15.71. 460,916 shares of the company's stock were exchanged, compared to its average volume of 956,084. The company has a market cap of $29.83 billion, a price-to-earnings ratio of 19.16 and a beta of 0.64. The stock's 50 day moving average is $14.75 and its 200 day moving average is $14.67. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.29 and a quick ratio of 1.17. Woodside Energy Group Ltd has a 12-month low of $11.26 and a 12-month high of $20.17.

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.