US Bancorp DE Sells 44,764 Shares of Woodside Energy Group Ltd (NYSE:WDS)

US Bancorp DE cut its holdings in Woodside Energy Group Ltd (NYSE:WDS) by 34.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 86,697 shares of the company’s stock after selling 44,764 shares during the period. US Bancorp DE’s holdings in Woodside Energy Group were worth $1,352,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in WDS. Wealth Enhancement Advisory Services LLC bought a new position in shares of Woodside Energy Group in the third quarter worth about $183,000. Nisa Investment Advisors LLC increased its stake in shares of Woodside Energy Group by 81.8% in the third quarter. Nisa Investment Advisors LLC now owns 2,000 shares of the company’s stock worth $36,000 after purchasing an additional 900 shares during the period. XY Capital Ltd increased its stake in Woodside Energy Group by 554.0% during the third quarter. XY Capital Ltd now owns 334,833 shares of the company’s stock valued at $5,773,000 after acquiring an additional 283,633 shares during the period. Oppenheimer & Co. Inc. increased its stake in Woodside Energy Group by 18.7% during the third quarter. Oppenheimer & Co. Inc. now owns 45,623 shares of the company’s stock valued at $787,000 after acquiring an additional 7,174 shares during the period. Finally, Hourglass Capital LLC increased its stake in Woodside Energy Group by 10.5% during the third quarter. Hourglass Capital LLC now owns 219,471 shares of the company’s stock valued at $3,784,000 after acquiring an additional 20,912 shares during the period. 3.17% of the stock is currently owned by institutional investors.

Woodside Energy Group Stock Down 4.4 %

NYSE WDS opened at $14.43 on Friday. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13. The stock’s 50 day moving average is $15.49 and its two-hundred day moving average is $16.07. The company has a market capitalization of $27.39 billion, a price-to-earnings ratio of 17.59 and a beta of 1.03. Woodside Energy Group Ltd has a 1-year low of $14.34 and a 1-year high of $20.30.

Woodside Energy Group Cuts Dividend

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

Analyst Ratings Changes

WDS has been the topic of several research reports. Citigroup upgraded 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 research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Woodside Energy Group 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.