Woodside Energy Group Ltd (NYSE:WDS) Shares Acquired by Versant Capital Management Inc

Versant Capital Management Inc increased its position in Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 3,482.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 20,025 shares of the company's stock after purchasing an additional 19,466 shares during the period. Versant Capital Management Inc's holdings in Woodside Energy Group were worth $290,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Northern Trust Corp lifted its stake in Woodside Energy Group by 713.0% in the fourth quarter. Northern Trust Corp now owns 1,089,286 shares of the company's stock valued at $16,993,000 after buying an additional 955,303 shares during the last quarter. Marshall Wace LLP purchased a new stake in Woodside Energy Group in the 4th quarter valued at $7,809,000. Raymond James Financial Inc. acquired a new stake in Woodside Energy Group during the 4th quarter worth $6,554,000. Voloridge Investment Management LLC purchased a new position in Woodside Energy Group during the 4th quarter worth $5,388,000. Finally, Summit Global Investments purchased a new stake in shares of Woodside Energy Group in the fourth quarter valued at about $5,308,000. 3.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Woodside Energy Group Stock Performance

Shares of NYSE:WDS traded up $0.17 during midday trading on Wednesday, hitting $14.69. The stock had a trading volume of 292,660 shares, compared to its average volume of 951,522. Woodside Energy Group Ltd has a 1 year low of $11.26 and a 1 year high of $20.17. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13. The stock has a 50 day moving average price of $13.31 and a two-hundred day moving average price of $14.65. The company has a market capitalization of $27.89 billion, a PE ratio of 17.91 and a beta of 0.61.

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.