CLSA upgraded shares of Woodside Energy Group (NYSE:WDS - Free Report) to a strong-buy rating in a research note released on Tuesday,Zacks.com reports.
WDS has been the topic of a number of other reports. Macquarie lowered shares of Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research 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. Five analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold".
Check Out Our Latest Research Report on WDS
Woodside Energy Group Trading Up 1.0%
WDS stock traded up $0.16 during trading hours on Tuesday, hitting $15.66. 663,035 shares of the stock were exchanged, compared to its average volume of 957,537. 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 company has a 50-day simple moving average of $14.25 and a two-hundred day simple moving average of $14.63. Woodside Energy Group has a 12 month low of $11.26 and a 12 month high of $20.17.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC boosted its holdings in shares of Woodside Energy Group by 782.3% during the 1st quarter. GAMMA Investing LLC now owns 19,199 shares of the company's stock valued at $278,000 after acquiring an additional 17,023 shares in the last quarter. Northern Trust Corp increased its holdings 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 purchasing an additional 955,303 shares during the period. Dimensional Fund Advisors LP increased its holdings in 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 during the period. Summit Global Investments acquired a new position in Woodside Energy Group during the 4th quarter worth about $5,308,000. Finally, Two Sigma Investments LP bought a new stake in shares of Woodside Energy Group in the 4th quarter valued at about $991,000. Institutional investors own 3.17% of the company's stock.
About Woodside Energy Group
(
Get 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.
Recommended Stories
Before you consider Woodside Energy Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Woodside Energy Group wasn't on the list.
While Woodside Energy Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
