MADDEN SECURITIES Corp Lowers Position in Woodside Energy Group Ltd (NYSE:WDS)

MADDEN SECURITIES Corp trimmed its holdings in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 89.2% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 19,150 shares of the company's stock after selling 158,900 shares during the period. MADDEN SECURITIES Corp's holdings in Woodside Energy Group were worth $277,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of WDS. Northern Trust Corp boosted its holdings in shares of Woodside Energy Group by 713.0% during the 4th quarter. Northern Trust Corp now owns 1,089,286 shares of the company's stock worth $16,993,000 after buying an additional 955,303 shares in the last quarter. Marshall Wace LLP acquired a new position in shares of Woodside Energy Group during the fourth quarter worth approximately $7,809,000. Raymond James Financial Inc. acquired a new position in shares of Woodside Energy Group during the fourth quarter worth approximately $6,554,000. Voloridge Investment Management LLC acquired a new position in shares of Woodside Energy Group during the fourth quarter worth approximately $5,388,000. Finally, Summit Global Investments acquired a new position in shares of Woodside Energy Group during the fourth quarter worth approximately $5,308,000. 3.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on WDS shares. Citigroup raised Woodside Energy Group from a "sell" rating to a "neutral" rating in a research report on Tuesday, February 25th. Macquarie lowered Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 8th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Woodside Energy Group presently has an average rating of "Hold".

Woodside Energy Group Stock Up 5.3%

NYSE WDS traded up $0.82 on Friday, reaching $16.28. The company had a trading volume of 1,401,466 shares, compared to its average volume of 954,387. The stock has a market capitalization of $30.92 billion, a P/E ratio of 19.86 and a beta of 0.63. The company's fifty day moving average is $13.52 and its 200 day moving average is $14.61. Woodside Energy Group Ltd has a 52-week low of $11.26 and a 52-week 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.

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.