D. E. Shaw & Co. Inc. Makes New $1.43 Million Investment in Woodside Energy Group Ltd (NYSE:WDS)

D. E. Shaw & Co. Inc. purchased a new stake in Woodside Energy Group Ltd (NYSE:WDS - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 91,425 shares of the company's stock, valued at approximately $1,426,000.

Other hedge funds also recently modified their holdings of the company. Natixis Advisors LLC increased its holdings in shares of Woodside Energy Group by 15.6% during the fourth quarter. Natixis Advisors LLC now owns 1,774,759 shares of the company's stock valued at $27,686,000 after acquiring an additional 239,308 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of 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 in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Woodside Energy Group by 5.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 853,601 shares of the company's stock valued at $13,315,000 after buying an additional 42,172 shares during the last quarter. First Trust Advisors LP grew its holdings in Woodside Energy Group by 28.9% during the fourth quarter. First Trust Advisors LP now owns 702,363 shares of the company's stock worth $10,957,000 after buying an additional 157,618 shares in the last quarter. Finally, Marshall Wace LLP bought a new position in Woodside Energy Group during the 4th quarter valued at $7,809,000. Institutional investors own 3.17% of the company's stock.

Analyst Ratings Changes

Several equities analysts have commented on WDS shares. Citigroup raised shares of Woodside Energy Group from a "sell" rating to a "neutral" rating in a research report on Tuesday, February 25th. Bank of America raised shares of Woodside Energy Group from a "neutral" rating to a "buy" rating in a report on Wednesday, January 29th. Finally, Macquarie lowered shares of Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 8th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold".

Woodside Energy Group Stock Performance

WDS traded up $0.24 during trading hours on Wednesday, hitting $14.25. The stock had a trading volume of 134,450 shares, compared to its average volume of 951,556. The stock has a market cap of $27.05 billion, a PE ratio of 17.37 and a beta of 0.61. Woodside Energy Group Ltd has a 1 year low of $11.26 and a 1 year 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 company's fifty day simple moving average is $13.33 and its 200 day simple moving average is $14.68.

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.