Atria Investments Inc Sells 1,736 Shares of Woodside Energy Group Ltd (NYSE:WDS)

Atria Investments Inc trimmed its holdings in Woodside Energy Group Ltd (NYSE:WDS) by 5.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,661 shares of the company’s stock after selling 1,736 shares during the period. Atria Investments Inc’s holdings in Woodside Energy Group were worth $494,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Russell Investments Group Ltd. boosted its holdings in Woodside Energy Group by 54.3% in the first quarter. Russell Investments Group Ltd. now owns 1,710 shares of the company’s stock worth $34,000 after purchasing an additional 602 shares in the last quarter. O Shaughnessy Asset Management LLC raised its stake in shares of Woodside Energy Group by 58.1% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 86,645 shares of the company’s stock valued at $1,730,000 after acquiring an additional 31,824 shares in the last quarter. Capital World Investors lifted its holdings in Woodside Energy Group by 213.2% in the 1st quarter. Capital World Investors now owns 137,056 shares of the company’s stock worth $2,737,000 after purchasing an additional 93,301 shares during the last quarter. Earnest Partners LLC lifted its holdings in Woodside Energy Group by 13.5% in the 1st quarter. Earnest Partners LLC now owns 217,419 shares of the company’s stock worth $4,342,000 after purchasing an additional 25,880 shares during the last quarter. Finally, Silvercrest Asset Management Group LLC boosted its position in Woodside Energy Group by 18.8% during the first quarter. Silvercrest Asset Management Group LLC now owns 64,151 shares of the company’s stock worth $1,281,000 after purchasing an additional 10,171 shares during the period. Institutional investors and hedge funds own 3.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on WDS. Royal Bank of Canada upgraded shares of Woodside Energy Group to a “moderate buy” rating in a research note on Tuesday, August 6th. Morgan Stanley cut shares of Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a report on Tuesday, August 27th. Citigroup lowered Woodside Energy Group from a “neutral” rating to a “sell” rating in a research note on Wednesday, September 4th. Sanford C. Bernstein cut Woodside Energy Group from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 20th. Finally, The Goldman Sachs Group lowered Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 8th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold”.

Woodside Energy Group Stock Down 0.3 %

NYSE WDS opened at $15.92 on Thursday. The company’s fifty day moving average is $16.53 and its two-hundred day moving average is $17.59. Woodside Energy Group Ltd has a 52-week low of $15.24 and a 52-week high of $21.63. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.09 and a current ratio of 1.24.

Woodside Energy Group Increases Dividend

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

About Woodside Energy Group

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.