Signaturefd LLC Increases Holdings in Woodside Energy Group Ltd (NYSE:WDS)

Signaturefd LLC grew its holdings in shares of Woodside Energy Group Ltd (NYSE:WDS) by 31.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 70,073 shares of the company’s stock after buying an additional 16,879 shares during the quarter. Signaturefd LLC’s holdings in Woodside Energy Group were worth $1,093,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Corient Private Wealth LLC raised its position in shares of Woodside Energy Group by 46.0% during the 4th quarter. Corient Private Wealth LLC now owns 108,043 shares of the company’s stock valued at $1,685,000 after buying an additional 34,054 shares in the last quarter. Natixis Advisors LLC raised its position in shares of Woodside Energy Group by 15.6% during the 4th quarter. Natixis Advisors LLC now owns 1,774,759 shares of the company’s stock valued at $27,686,000 after buying an additional 239,308 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in Woodside Energy Group by 30.9% during the 4th quarter. Sequoia Financial Advisors LLC now owns 19,770 shares of the company’s stock valued at $308,000 after purchasing an additional 4,666 shares during the last quarter. Meriwether Wealth & Planning LLC bought a new position in Woodside Energy Group during the 4th quarter valued at about $295,000. Finally, Dorsey & Whitney Trust CO LLC bought a new position in Woodside Energy Group during the 4th quarter valued at about $170,000. 3.17% of the stock is currently owned by hedge funds and other institutional investors.

Woodside Energy Group Price Performance

Shares of WDS stock opened at $14.51 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.24 and a quick ratio of 1.09. The company has a market capitalization of $27.54 billion, a P/E ratio of 17.69 and a beta of 1.03. The company’s 50-day simple moving average is $15.31 and its two-hundred day simple moving average is $15.88. Woodside Energy Group Ltd has a one year low of $14.11 and a one year high of $20.30.

Woodside Energy Group Cuts Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. 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 equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, 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.