Mariner LLC Has $1.43 Million Stake in Woodside Energy Group Ltd (NYSE:WDS)

Mariner LLC grew its position in Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 37.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 91,564 shares of the company's stock after acquiring an additional 24,926 shares during the quarter. Mariner LLC's holdings in Woodside Energy Group were worth $1,428,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in WDS. Bessemer Group Inc. raised its stake in Woodside Energy Group by 135.6% during the fourth quarter. Bessemer Group Inc. now owns 3,603 shares of the company's stock worth $56,000 after acquiring an additional 2,074 shares during the period. Raymond James Financial Inc. bought a new position in shares of Woodside Energy Group during the fourth quarter valued at approximately $6,554,000. Quadrant Capital Group LLC raised its position in shares of Woodside Energy Group by 28.5% during the 4th quarter. Quadrant Capital Group LLC now owns 33,223 shares of the company's stock worth $518,000 after purchasing an additional 7,363 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of Woodside Energy Group by 71.0% in the 4th quarter. Russell Investments Group Ltd. now owns 19,659 shares of the company's stock worth $307,000 after purchasing an additional 8,164 shares during the last quarter. Finally, Pitcairn Co. acquired a new position in Woodside Energy Group during the 4th quarter valued at approximately $271,000. 3.17% of the stock is owned by institutional investors and hedge funds.

Woodside Energy Group Stock Down 0.3 %

Woodside Energy Group stock traded down $0.05 during mid-day trading on Thursday, hitting $12.91. The company's stock had a trading volume of 200,239 shares, compared to its average volume of 950,680. 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 52-week low of $11.26 and a 52-week high of $20.17. The firm's 50 day moving average is $13.77 and its 200 day moving average is $15.02. The company has a market cap of $24.50 billion, a PE ratio of 15.78 and a beta of 0.76.

Woodside Energy Group Cuts Dividend

The firm also recently declared a semi-annual dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th were issued a dividend of $0.51 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a dividend yield of 7.6%. Woodside Energy Group's dividend payout ratio is currently 124.39%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on WDS shares. Citigroup raised Woodside Energy Group from a "sell" rating to a "neutral" rating in a research report on Tuesday, February 25th. Bank of America upgraded shares of Woodside Energy Group from a "neutral" rating to a "buy" rating in a research report on Wednesday, January 29th. Finally, Macquarie downgraded Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 8th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold".

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.