Choreo LLC Makes New $202,000 Investment in Woodside Energy Group Ltd (NYSE:WDS)

Choreo LLC bought a new position in shares of Woodside Energy Group Ltd (NYSE:WDS) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 10,667 shares of the company’s stock, valued at approximately $202,000.

A number of other large investors have also made changes to their positions in the stock. Rothschild Investment LLC purchased a new stake in shares of Woodside Energy Group in the second quarter valued at about $29,000. Russell Investments Group Ltd. grew its stake in shares of Woodside Energy Group by 54.3% in the 1st quarter. Russell Investments Group Ltd. now owns 1,710 shares of the company’s stock valued at $34,000 after buying an additional 602 shares during the period. Whittier Trust Co. increased its holdings in shares of Woodside Energy Group by 25.1% during the 2nd quarter. Whittier Trust Co. now owns 3,063 shares of the company’s stock worth $58,000 after buying an additional 615 shares during the last quarter. Optiver Holding B.V. purchased a new stake in shares of Woodside Energy Group during the 4th quarter valued at approximately $72,000. Finally, Lindbrook Capital LLC lifted its holdings in Woodside Energy Group by 18.1% in the first quarter. Lindbrook Capital LLC now owns 4,118 shares of the company’s stock valued at $82,000 after acquiring an additional 632 shares during the last quarter. 3.17% of the stock is currently owned by hedge funds and other institutional investors.

Woodside Energy Group Stock Performance

WDS stock opened at $16.80 on Friday. The business’s fifty day moving average price is $17.50 and its 200 day moving average price is $18.42. Woodside Energy Group Ltd has a 12-month low of $15.32 and a 12-month high of $23.64. 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 Increases Dividend

The firm also recently declared a Semi-Annual dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Friday, September 6th will be paid a dividend of $0.67 per share. The ex-dividend date is Friday, September 6th. This is a positive change from Woodside Energy Group’s previous Semi-Annual dividend of $0.60. This represents a yield of 6.8%.

Wall Street Analyst Weigh In

Several research firms have issued reports on WDS. Citigroup cut Woodside Energy Group from a “neutral” rating to a “sell” rating in a research note on Wednesday, September 4th. Royal Bank of Canada upgraded shares of Woodside Energy Group to a “moderate buy” rating in a report on Tuesday, August 6th. Morgan Stanley cut shares of Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, August 27th. Macquarie upgraded shares of Woodside Energy Group to a “strong-buy” rating in a research report on Sunday, June 23rd. Finally, Sanford C. Bernstein lowered shares of Woodside Energy Group from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 20th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently 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.