Smartleaf Asset Management LLC Purchases 2,379 Shares of Woodside Energy Group Ltd (NYSE:WDS)

Smartleaf Asset Management LLC lifted its position in Woodside Energy Group Ltd (NYSE:WDS) by 201.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 3,558 shares of the company’s stock after purchasing an additional 2,379 shares during the period. Smartleaf Asset Management LLC’s holdings in Woodside Energy Group were worth $54,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. QRG Capital Management Inc. grew its holdings in shares of Woodside Energy Group by 56.2% in the fourth quarter. QRG Capital Management Inc. now owns 43,710 shares of the company’s stock worth $682,000 after purchasing an additional 15,728 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in shares of Woodside Energy Group by 25.5% in the fourth quarter. Oppenheimer & Co. Inc. now owns 57,243 shares of the company’s stock worth $893,000 after purchasing an additional 11,620 shares during the last quarter. Addison Advisors LLC grew its holdings in shares of Woodside Energy Group by 559.9% in the fourth quarter. Addison Advisors LLC now owns 1,973 shares of the company’s stock worth $31,000 after purchasing an additional 1,674 shares during the last quarter. WESPAC Advisors LLC grew its holdings in shares of Woodside Energy Group by 65.7% in the fourth quarter. WESPAC Advisors LLC now owns 44,540 shares of the company’s stock worth $695,000 after purchasing an additional 17,666 shares during the last quarter. Finally, Cromwell Holdings LLC grew its holdings in shares of Woodside Energy Group by 34.1% in the fourth quarter. Cromwell Holdings LLC now owns 5,957 shares of the company’s stock worth $93,000 after purchasing an additional 1,515 shares during the last quarter. Institutional investors own 3.17% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on WDS shares. Bank of America upgraded shares of Woodside Energy Group from a “neutral” rating to a “buy” rating in a report on Wednesday, January 29th. Citigroup upgraded shares of Woodside Energy Group from a “sell” rating to a “neutral” rating in a report on Tuesday, February 25th. Four investment 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 company. According to data from MarketBeat.com, Woodside Energy Group currently has a consensus rating of “Moderate Buy”.

Woodside Energy Group Stock Performance

NYSE:WDS opened at $14.36 on Tuesday. Woodside Energy Group Ltd has a twelve month low of $14.22 and a twelve month high of $20.30. The stock has a market cap of $27.26 billion, a P/E ratio of 17.51 and a beta of 1.03. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 0.13. The firm’s fifty day simple moving average is $15.47 and its 200 day simple moving average is $16.04.

Woodside Energy Group Cuts Dividend

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

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.