Woodside Energy Group Ltd (NYSE:WDS) Shares Sold by Caprock Group LLC

Caprock Group LLC reduced its position in shares of Woodside Energy Group Ltd (NYSE:WDS) by 4.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,542 shares of the company’s stock after selling 838 shares during the period. Caprock Group LLC’s holdings in Woodside Energy Group were worth $332,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of WDS. Russell Investments Group Ltd. grew its holdings in Woodside Energy Group by 54.3% during the first quarter. Russell Investments Group Ltd. now owns 1,710 shares of the company’s stock worth $34,000 after acquiring an additional 602 shares during the period. Earnest Partners LLC increased its stake 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 in the last quarter. Silvercrest Asset Management Group LLC increased its stake in Woodside Energy Group by 18.8% in the 1st 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 in the last quarter. Bayesian Capital Management LP purchased a new position in Woodside Energy Group in the 1st quarter worth about $557,000. Finally, Tidal Investments LLC purchased a new position in Woodside Energy Group in the 1st quarter worth about $272,000. 3.17% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on WDS. Citigroup cut Woodside Energy Group from a “neutral” rating to a “sell” rating in a research note on Wednesday, September 4th. Morgan Stanley cut Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, August 27th. Sanford C. Bernstein cut 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 Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 8th. Finally, Royal Bank of Canada upgraded Woodside Energy Group to a “moderate buy” rating in a research report on Tuesday, August 6th. One equities research 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Woodside Energy Group Price Performance

Shares of Woodside Energy Group stock opened at $16.35 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. Woodside Energy Group Ltd has a 52-week low of $15.24 and a 52-week high of $21.63. The stock has a 50-day simple moving average of $16.53 and a 200-day simple moving average of $17.57.

Woodside Energy Group Increases Dividend

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

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.