Woodside Energy Group Ltd (NYSE:WDS) Shares Bought by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA grew its holdings in shares of Woodside Energy Group Ltd (NYSE:WDS) by 2.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 198,071 shares of the company’s stock after purchasing an additional 4,398 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Woodside Energy Group were worth $3,090,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of WDS. GAMMA Investing LLC lifted its holdings in Woodside Energy Group by 43.6% in the 4th quarter. GAMMA Investing LLC now owns 2,176 shares of the company’s stock valued at $34,000 after acquiring an additional 661 shares during the last quarter. Virtu Financial LLC lifted its stake in Woodside Energy Group by 7.1% during the fourth quarter. Virtu Financial LLC now owns 12,215 shares of the company’s stock valued at $191,000 after purchasing an additional 813 shares during the last quarter. Mission Wealth Management LP boosted its holdings in Woodside Energy Group by 8.2% during the fourth quarter. Mission Wealth Management LP now owns 11,650 shares of the company’s stock worth $182,000 after buying an additional 881 shares in the last quarter. Sei Investments Co. grew its position in Woodside Energy Group by 2.1% in the fourth quarter. Sei Investments Co. now owns 56,689 shares of the company’s stock worth $884,000 after buying an additional 1,153 shares during the last quarter. Finally, Rhumbline Advisers increased its holdings in shares of Woodside Energy Group by 3.1% in the fourth quarter. Rhumbline Advisers now owns 43,629 shares of the company’s stock valued at $681,000 after buying an additional 1,314 shares in the last quarter. 3.17% of the stock is currently owned by institutional investors.

Woodside Energy Group Stock Performance

NYSE WDS opened at $11.52 on Tuesday. The company’s fifty day moving average is $14.81 and its two-hundred day moving average is $15.63. The firm has a market capitalization of $21.88 billion, a price-to-earnings ratio of 14.05 and a beta of 0.76. 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 $20.22.

Woodside Energy Group Cuts Dividend

The firm also recently disclosed 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. This represents a dividend yield of 7.6%. The ex-dividend date of this dividend was Friday, March 7th. Woodside Energy Group’s payout ratio is 124.39%.

Analyst Ratings Changes

Several research firms have issued reports on WDS. Citigroup upgraded Woodside Energy Group from a “sell” rating to a “neutral” rating in a report on Tuesday, February 25th. Bank of America upgraded shares of Woodside Energy Group from a “neutral” rating to a “buy” rating in a report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, 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.