Jane Street Group LLC Lowers Stake in Woodside Energy Group Ltd (NYSE:WDS)

Jane Street Group LLC lessened its position in Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 83.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 51,254 shares of the company's stock after selling 257,249 shares during the period. Jane Street Group LLC's holdings in Woodside Energy Group were worth $800,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Parvin Asset Management LLC bought a new stake in Woodside Energy Group in the 4th quarter worth $94,000. Schonfeld Strategic Advisors LLC bought a new stake in Woodside Energy Group in the 4th quarter worth $1,081,000. Northern Trust Corp grew its holdings in Woodside Energy Group by 713.0% in the 4th quarter. Northern Trust Corp now owns 1,089,286 shares of the company's stock worth $16,993,000 after acquiring an additional 955,303 shares during the last quarter. Syon Capital LLC grew its holdings in Woodside Energy Group by 147.1% in the 4th quarter. Syon Capital LLC now owns 28,507 shares of the company's stock worth $445,000 after acquiring an additional 16,969 shares during the last quarter. Finally, SIH Partners LLLP bought a new stake in Woodside Energy Group in the 4th quarter worth $1,453,000. Institutional investors own 3.17% of the company's stock.

Woodside Energy Group Trading Up 2.1%

Shares of NYSE:WDS traded up $0.31 on Thursday, hitting $14.57. The company had a trading volume of 812,909 shares, compared to its average volume of 954,477. The firm's 50-day simple moving average is $13.33 and its two-hundred day simple moving average is $14.67. 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 firm has a market capitalization of $27.66 billion, a price-to-earnings ratio of 17.76 and a beta of 0.61.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Citigroup raised shares of Woodside Energy Group from a "sell" rating to a "neutral" rating in a report on Tuesday, February 25th. Macquarie cut shares of Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 8th. Finally, Bank of America raised shares of Woodside Energy Group from a "neutral" rating to a "buy" rating in a research report on Wednesday, January 29th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently 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.