D. E. Shaw & Co. Inc. Acquires Shares of 91,425 Woodside Energy Group Ltd (NYSE:WDS)

D. E. Shaw & Co. Inc. bought a new position in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 91,425 shares of the company's stock, valued at approximately $1,426,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Northern Trust Corp increased its holdings 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 valued at $16,993,000 after purchasing an additional 955,303 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Woodside Energy Group by 5.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 853,601 shares of the company's stock valued at $13,315,000 after acquiring an additional 42,172 shares during the last quarter. Summit Global Investments acquired a new stake in shares of Woodside Energy Group in the 4th quarter valued at approximately $5,308,000. Rhumbline Advisers boosted its stake in Woodside Energy Group by 3.1% during the 4th quarter. Rhumbline Advisers now owns 43,629 shares of the company's stock worth $681,000 after acquiring an additional 1,314 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Woodside Energy Group during the fourth quarter valued at approximately $6,554,000. Institutional investors and hedge funds own 3.17% of the company's stock.

Woodside Energy Group Stock Up 0.4%

Woodside Energy Group stock traded up $0.06 during midday trading on Tuesday, reaching $14.00. The stock had a trading volume of 501,748 shares, compared to its average volume of 952,240. The stock has a market capitalization of $26.57 billion, a P/E ratio of 17.07 and a beta of 0.61. The firm's fifty day simple moving average is $13.34 and its 200-day simple moving average is $14.69. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.09 and a current ratio of 1.24. Woodside Energy Group Ltd has a 1-year low of $11.26 and a 1-year high of $20.17.

Wall Street Analysts Forecast Growth

WDS has been the topic of several recent analyst reports. Bank of America upgraded Woodside Energy Group from a "neutral" rating to a "buy" rating in a report on Wednesday, January 29th. Citigroup raised shares of Woodside Energy Group from a "sell" rating to a "neutral" rating in a research note on Tuesday, February 25th. Finally, Macquarie downgraded shares of 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 and one has assigned a buy rating to the stock. According to MarketBeat.com, Woodside Energy Group presently has an average rating of "Hold".

Woodside Energy Group Company 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.