Two Sigma Investments LP Takes $991,000 Position in Woodside Energy Group Ltd (NYSE:WDS)

Two Sigma Investments LP purchased a new stake in Woodside Energy Group Ltd (NYSE:WDS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 63,546 shares of the company's stock, valued at approximately $991,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Northern Trust Corp boosted its holdings in shares of Woodside Energy Group by 713.0% in the 4th quarter. Northern Trust Corp now owns 1,089,286 shares of the company's stock valued at $16,993,000 after purchasing an additional 955,303 shares during the last quarter. Marshall Wace LLP purchased a new stake in Woodside Energy Group during the fourth quarter valued at about $7,809,000. Raymond James Financial Inc. acquired a new stake in Woodside Energy Group during the fourth quarter worth about $6,554,000. Summit Global Investments acquired a new stake in Woodside Energy Group during the fourth quarter worth about $5,308,000. Finally, Natixis Advisors LLC raised its holdings in shares of Woodside Energy Group by 15.6% in the 4th quarter. Natixis Advisors LLC now owns 1,774,759 shares of the company's stock worth $27,686,000 after purchasing an additional 239,308 shares during the period. Institutional investors and hedge funds own 3.17% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on WDS shares. Citigroup upgraded 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. Five analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, Woodside Energy Group has a consensus rating of "Hold".

Woodside Energy Group Stock Down 0.5%

NYSE WDS traded down $0.08 on Monday, reaching $14.97. The company had a trading volume of 2,512,392 shares, compared to its average volume of 959,940. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.24 and a quick ratio of 1.09. Woodside Energy Group Ltd has a 1 year low of $11.26 and a 1 year high of $20.17. The firm has a 50-day moving average of $13.32 and a 200-day moving average of $14.61. The firm has a market capitalization of $28.42 billion, a PE ratio of 18.26 and a beta of 0.63.

Woodside Energy Group 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.