ICONIQ Capital LLC decreased its stake in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 48.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 22,393 shares of the company's stock after selling 21,426 shares during the quarter. ICONIQ Capital LLC's holdings in Woodside Energy Group were worth $324,000 as of its most recent filing with the SEC.
Several other hedge funds have also made changes to their positions in the stock. Smartleaf Asset Management LLC boosted its stake in Woodside Energy Group by 24.9% during the first quarter. Smartleaf Asset Management LLC now owns 4,445 shares of the company's stock worth $66,000 after buying an additional 887 shares in the last quarter. Mission Wealth Management LP raised its stake in shares of Woodside Energy Group by 8.9% in the 1st quarter. Mission Wealth Management LP now owns 12,692 shares of the company's stock valued at $184,000 after buying an additional 1,042 shares in the last quarter. Cullen Frost Bankers Inc. lifted its holdings in shares of Woodside Energy Group by 10.1% during the 1st quarter. Cullen Frost Bankers Inc. now owns 12,164 shares of the company's stock worth $176,000 after acquiring an additional 1,119 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in shares of Woodside Energy Group by 10.2% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 12,434 shares of the company's stock valued at $194,000 after acquiring an additional 1,155 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Woodside Energy Group by 4.0% during the 4th quarter. JPMorgan Chase & Co. now owns 36,997 shares of the company's stock valued at $577,000 after acquiring an additional 1,417 shares in the last quarter. Institutional investors own 3.17% of the company's stock.
Wall Street Analyst Weigh In
WDS has been the subject of several recent research reports. CLSA raised shares of Woodside Energy Group to a "strong-buy" rating in a research report on Tuesday, June 24th. Wall Street Zen lowered Woodside Energy Group from a "hold" rating to a "sell" rating in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy".
Check Out Our Latest Report on Woodside Energy Group
Woodside Energy Group Price Performance
NYSE:WDS opened at $17.4850 on Tuesday. The company has a quick ratio of 1.74, a current ratio of 1.90 and a debt-to-equity ratio of 0.31. The firm has a market cap of $33.20 billion, a PE ratio of 21.32 and a beta of 0.67. Woodside Energy Group Ltd has a 12 month low of $11.26 and a 12 month high of $18.44. The company's 50-day moving average price is $16.53 and its two-hundred day moving average price is $14.94.
Woodside Energy Group Increases Dividend
The firm also recently announced a semi-annual dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Friday, August 29th will be issued a $0.53 dividend. This represents a dividend yield of 700.0%. The ex-dividend date of this dividend is Friday, August 29th. This is an increase from Woodside Energy Group's previous semi-annual dividend of $0.51. Woodside Energy Group's dividend payout ratio (DPR) is presently 124.39%.
Woodside Energy Group Profile
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Free Report)
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.
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