PKO Investment Management Joint Stock Co Invests $1.03 Million in Woodside Energy Group Ltd (NYSE:WDS)

PKO Investment Management Joint Stock Co purchased a new position in Woodside Energy Group Ltd (NYSE:WDS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 66,000 shares of the company's stock, valued at approximately $1,030,000.

A number of other hedge funds have also recently made changes to their positions in WDS. Huntington National Bank raised its holdings in Woodside Energy Group by 482.5% in the 4th quarter. Huntington National Bank now owns 1,730 shares of the company's stock worth $27,000 after acquiring an additional 1,433 shares during the last quarter. R Squared Ltd purchased a new position in Woodside Energy Group in the 4th quarter worth approximately $30,000. Greenline Partners LLC purchased a new position in Woodside Energy Group in the 4th quarter worth approximately $30,000. Addison Advisors LLC raised its holdings in Woodside Energy Group by 559.9% in the 4th quarter. Addison Advisors LLC now owns 1,973 shares of the company's stock worth $31,000 after acquiring an additional 1,674 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in Woodside Energy Group by 201.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,558 shares of the company's stock worth $54,000 after acquiring an additional 2,379 shares during the last quarter. 3.17% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on WDS. Citigroup upgraded shares of Woodside Energy Group from a "sell" rating to a "neutral" rating in a report on Tuesday, February 25th. Macquarie lowered shares of Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 8th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold".

Woodside Energy Group Stock Performance

WDS traded up $0.19 during mid-day trading on Monday, reaching $14.52. 1,120,927 shares of the company traded hands, compared to its average volume of 954,886. The stock has a market capitalization of $27.58 billion, a P/E ratio of 17.71 and a beta of 0.61. 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 moving average price is $13.32 and its 200-day moving average price is $14.65. Woodside Energy Group Ltd has a 52-week low of $11.26 and a 52-week high of $20.17.

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.