XY Capital Ltd Takes Position in Woodside Energy Group Ltd (NYSE:WDS)

Key Points

• XY Capital Ltd has acquired a new position in Woodside Energy Group Ltd, purchasing 93,992 shares valued at approximately $1.36 million, making it the company's 23rd largest holding.
• Woodside Energy Group's shares recently opened at $17.41 and have a market cap of $33.05 billion, with a P/E ratio of 21.23.
• CLSA has upgraded Woodside Energy Group to a "strong-buy" rating, contributing to a mixed sentiment among analysts, as the average rating remains at "Hold."

XY Capital Ltd bought a new position in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 93,992 shares of the company's stock, valued at approximately $1,362,000. Woodside Energy Group accounts for approximately 0.4% of XY Capital Ltd's holdings, making the stock its 23rd biggest position.

Several other institutional investors have also bought and sold shares of the stock. Charles Schwab Investment Management Inc. boosted its position in Woodside Energy Group by 10.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 167,110 shares of the company's stock valued at $2,421,000 after buying an additional 16,340 shares in the last quarter. ABC Arbitrage SA bought a new position in shares of Woodside Energy Group in the first quarter valued at approximately $330,000. Argent Trust Co raised its stake in shares of Woodside Energy Group by 36.3% in the first quarter. Argent Trust Co now owns 15,400 shares of the company's stock valued at $223,000 after acquiring an additional 4,100 shares during the last quarter. Cedar Wealth Management LLC acquired a new position in shares of Woodside Energy Group in the 1st quarter worth approximately $376,000. Finally, Moors & Cabot Inc. bought a new stake in Woodside Energy Group during the 1st quarter worth approximately $146,000. Institutional investors and hedge funds own 3.17% of the company's stock.

Woodside Energy Group Stock Up 0.7%

Shares of NYSE:WDS opened at $17.41 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.29 and a debt-to-equity ratio of 0.25. The firm has a market cap of $33.05 billion, a P/E ratio of 21.23 and a beta of 0.67. Woodside Energy Group Ltd has a 12 month low of $11.26 and a 12 month high of $18.44. The company's 50-day moving average price is $15.95 and its two-hundred day moving average price is $14.79.

Wall Street Analyst Weigh In

Separately, CLSA upgraded Woodside Energy Group to a "strong-buy" rating in a research report on Tuesday, June 24th. Five equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold".

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.