Tower Research Capital LLC TRC lessened its stake in Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 89.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,194 shares of the company's stock after selling 18,987 shares during the quarter. Tower Research Capital LLC TRC's holdings in Woodside Energy Group were worth $34,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its holdings in shares of Woodside Energy Group by 5.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 853,601 shares of the company's stock valued at $13,315,000 after purchasing an additional 42,172 shares in the last quarter. First Trust Advisors LP boosted its position in Woodside Energy Group by 28.9% in the 4th quarter. First Trust Advisors LP now owns 702,363 shares of the company's stock valued at $10,957,000 after buying an additional 157,618 shares during the last quarter. Forum Financial Management LP increased its stake in shares of Woodside Energy Group by 181.9% in the 4th quarter. Forum Financial Management LP now owns 73,556 shares of the company's stock valued at $1,147,000 after buying an additional 47,465 shares during the period. Balanced Rock Investment Advisors LLC acquired a new stake in shares of Woodside Energy Group in the 4th quarter valued at $180,000. Finally, Marshall Wace LLP bought a new stake in shares of Woodside Energy Group during the fourth quarter worth $7,809,000. 3.17% of the stock is owned by institutional investors.
Woodside Energy Group Trading Up 0.5%
NYSE:WDS opened at $14.27 on Thursday. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13. Woodside Energy Group Ltd has a 1-year low of $11.26 and a 1-year high of $20.17. The firm has a market capitalization of $27.10 billion, a price-to-earnings ratio of 17.40 and a beta of 0.61. The business's 50-day moving average price is $13.41 and its two-hundred day moving average price is $14.80.
Woodside Energy Group Cuts Dividend
The company also recently declared a semi-annual dividend, which was paid on Wednesday, April 2nd. Investors of record on Friday, March 7th were given a $0.51 dividend. The ex-dividend date was Friday, March 7th. This represents a dividend yield of 7.6%. Woodside Energy Group's dividend payout ratio is 124.39%.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on WDS shares. Macquarie cut Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 8th. Citigroup upgraded shares of Woodside Energy Group from a "sell" rating to a "neutral" rating in a research report on Tuesday, February 25th. Finally, Bank of America upgraded shares of Woodside Energy Group from a "neutral" rating to a "buy" rating in a report on Wednesday, January 29th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold".
Check Out Our Latest Stock Analysis on Woodside Energy Group
Woodside Energy Group Profile
(
Free Report)
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.
Further Reading
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