Woodside Energy Group Ltd $WDS Shares Bought by Virtu Financial LLC

Key Points

• Virtu Financial LLC increased its stake in Woodside Energy Group Ltd by 157.0% in the first quarter, now holding 31,391 shares valued at approximately $455,000.
• The stock received a "strong-buy" rating from CLSA, contributing to a consensus rating of "Moderate Buy" among analysts.
• Woodside Energy Group's shares are currently trading at $17.69, with a 12-month range between $11.26 and $18.44.

Virtu Financial LLC boosted its holdings in Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 157.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 31,391 shares of the company's stock after buying an additional 19,176 shares during the period. Virtu Financial LLC's holdings in Woodside Energy Group were worth $455,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mission Wealth Management LP increased its position in Woodside Energy Group by 8.9% during the 1st quarter. Mission Wealth Management LP now owns 12,692 shares of the company's stock worth $184,000 after purchasing an additional 1,042 shares in the last quarter. Cullen Frost Bankers Inc. lifted its position in Woodside Energy Group by 10.1% during the first quarter. Cullen Frost Bankers Inc. now owns 12,164 shares of the company's stock valued at $176,000 after buying an additional 1,119 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in Woodside Energy Group by 10.2% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 12,434 shares of the company's stock worth $194,000 after buying an additional 1,155 shares during the period. JPMorgan Chase & Co. increased its position in shares of Woodside Energy Group by 4.0% in the fourth quarter. JPMorgan Chase & Co. now owns 36,997 shares of the company's stock worth $577,000 after acquiring an additional 1,417 shares in the last quarter. Finally, Greenline Partners LLC purchased a new position in shares of Woodside Energy Group in the 4th quarter valued at $30,000. Hedge funds and other institutional investors own 3.17% of the company's stock.

Analysts Set New Price Targets

Separately, CLSA raised shares of Woodside Energy Group to a "strong-buy" rating in a research report on Tuesday, June 24th. Four analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy".

Woodside Energy Group Stock Down 0.3%

NYSE WDS traded down $0.05 on Monday, reaching $17.45. The company had a trading volume of 380,479 shares, compared to its average volume of 904,488. 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 Ltd has a 1 year low of $11.26 and a 1 year high of $18.44. The firm has a 50-day moving average of $16.35 and a 200-day moving average of $14.87. The firm has a market capitalization of $33.14 billion, a PE ratio of 21.28 and a beta of 0.67.

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.