Quadrant Capital Group LLC Boosts Stake in Woodside Energy Group Ltd (NYSE:WDS)

Quadrant Capital Group LLC lifted its holdings in shares of Woodside Energy Group Ltd (NYSE:WDS) by 28.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 33,223 shares of the company’s stock after acquiring an additional 7,363 shares during the quarter. Quadrant Capital Group LLC’s holdings in Woodside Energy Group were worth $518,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of WDS. Huntington National Bank increased its holdings in Woodside Energy Group by 482.5% during the 4th quarter. Huntington National Bank now owns 1,730 shares of the company’s stock worth $27,000 after purchasing an additional 1,433 shares during the last quarter. R Squared Ltd bought a new stake in shares of Woodside Energy Group in the fourth quarter worth $30,000. Addison Advisors LLC increased its stake in shares of Woodside Energy Group by 559.9% in the fourth quarter. Addison Advisors LLC now owns 1,973 shares of the company’s stock worth $31,000 after buying an additional 1,674 shares during the last quarter. GAMMA Investing LLC raised its holdings in Woodside Energy Group by 43.6% in the fourth quarter. GAMMA Investing LLC now owns 2,176 shares of the company’s stock valued at $34,000 after acquiring an additional 661 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in Woodside Energy Group during the 3rd quarter valued at $39,000. Institutional investors and hedge funds own 3.17% of the company’s stock.

Woodside Energy Group Trading Down 0.9 %

Woodside Energy Group stock opened at $11.52 on Tuesday. Woodside Energy Group Ltd has a 1 year low of $11.26 and a 1 year high of $20.22. The firm’s 50-day moving average is $14.81 and its 200-day moving average is $15.63. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.09 and a current ratio of 1.24. The company has a market cap of $21.88 billion, a P/E ratio of 14.05 and a beta of 0.76.

Woodside Energy Group Cuts Dividend

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

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Citigroup upgraded shares of Woodside Energy Group from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 25th. Bank of America upgraded Woodside Energy Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 29th. Four equities research 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 company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

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.