Signaturefd LLC Decreases Stock Position in Woodside Energy Group Ltd (NYSE:WDS)

Signaturefd LLC decreased its holdings in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 32.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,648 shares of the company's stock after selling 22,425 shares during the quarter. Signaturefd LLC's holdings in Woodside Energy Group were worth $690,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Huntington National Bank boosted its stake in Woodside Energy Group by 482.5% in the fourth quarter. Huntington National Bank now owns 1,730 shares of the company's stock worth $27,000 after buying an additional 1,433 shares in the last quarter. Greenline Partners LLC purchased a new stake in Woodside Energy Group in the fourth quarter worth approximately $30,000. Bessemer Group Inc. boosted its stake in Woodside Energy Group by 135.6% in the fourth quarter. Bessemer Group Inc. now owns 3,603 shares of the company's stock worth $56,000 after buying an additional 2,074 shares in the last quarter. Parvin Asset Management LLC purchased a new stake in Woodside Energy Group in the fourth quarter worth approximately $94,000. Finally, NewEdge Advisors LLC lifted its position in Woodside Energy Group by 679.8% in the fourth quarter. NewEdge Advisors LLC now owns 6,683 shares of the company's stock valued at $104,000 after purchasing an additional 5,826 shares during the last quarter. Hedge funds and other institutional investors own 3.17% of the company's stock.

Analyst Ratings Changes

WDS has been the subject of a number of recent analyst reports. Macquarie downgraded Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 8th. CLSA upgraded Woodside Energy Group to a "strong-buy" rating in a report on Tuesday, June 24th. Five analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold".

Woodside Energy Group Stock Performance

NYSE WDS traded down $0.12 during trading hours on Friday, hitting $15.77. The company's stock had a trading volume of 511,103 shares, compared to its average volume of 953,827. Woodside Energy Group Ltd has a 12 month low of $11.26 and a 12 month high of $19.29. The company's 50 day simple moving average is $15.18 and its two-hundred day simple moving average is $14.69. The company has a market cap of $29.94 billion, a P/E ratio of 19.23 and a beta of 0.64. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.29 and a quick ratio of 1.17.

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.