International Assets Investment Management LLC Takes $282,000 Position in Woodside Energy Group Ltd (NYSE:WDS)

International Assets Investment Management LLC acquired a new stake in shares of Woodside Energy Group Ltd (NYSE:WDS) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 16,361 shares of the company’s stock, valued at approximately $282,000.

Other hedge funds also recently made changes to their positions in the company. Natixis Advisors LLC increased its stake in shares of Woodside Energy Group by 25.4% in the second quarter. Natixis Advisors LLC now owns 1,826,619 shares of the company’s stock worth $34,359,000 after buying an additional 369,994 shares during the last quarter. Bank of Montreal Can bought a new stake in shares of Woodside Energy Group in the second quarter worth $3,961,000. Hsbc Holdings PLC bought a new stake in shares of Woodside Energy Group in the second quarter worth $3,283,000. Capital World Investors increased its stake in shares of Woodside Energy Group by 213.2% in the first quarter. Capital World Investors now owns 137,056 shares of the company’s stock worth $2,737,000 after buying an additional 93,301 shares during the last quarter. Finally, MADDEN SECURITIES Corp increased its stake in shares of Woodside Energy Group by 47.2% in the third quarter. MADDEN SECURITIES Corp now owns 220,272 shares of the company’s stock worth $3,797,000 after buying an additional 70,660 shares during the last quarter. Hedge funds and other institutional investors own 3.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Royal Bank of Canada upgraded shares of Woodside Energy Group to a “moderate buy” rating in a research note on Tuesday, August 6th. Sanford C. Bernstein lowered shares of Woodside Energy Group from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 20th. The Goldman Sachs Group lowered shares of Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 8th. Citigroup downgraded shares of Woodside Energy Group from a “neutral” rating to a “sell” rating in a report on Wednesday, September 4th. Finally, Morgan Stanley downgraded shares of Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a report on Tuesday, August 27th. One investment 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 stock. According to MarketBeat.com, Woodside Energy Group currently has an average rating of “Hold”.

Woodside Energy Group Stock Performance

Woodside Energy Group stock opened at $15.58 on Thursday. The company has a fifty day moving average price of $16.82 and a two-hundred day moving average price of $17.76. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 0.13. Woodside Energy Group Ltd has a 12 month low of $15.28 and a 12 month high of $21.63.

Woodside Energy Group Increases Dividend

The firm also recently disclosed a Semi-Annual dividend, which was paid on Thursday, October 3rd. Shareholders of record on Friday, September 6th were issued a $0.67 dividend. This represents a yield of 6.8%. The ex-dividend date was Friday, September 6th. This is an increase from Woodside Energy Group’s previous Semi-Annual dividend of $0.60.

Woodside Energy Group Company 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.