Choreo LLC Makes New Investment in Woodside Energy Group Ltd (NYSE:WDS)

Choreo LLC acquired a new stake in Woodside Energy Group Ltd (NYSE:WDS) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 10,667 shares of the company’s stock, valued at approximately $202,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rothschild Investment LLC purchased a new position in Woodside Energy Group in the second quarter worth approximately $29,000. Russell Investments Group Ltd. lifted its position in shares of Woodside Energy Group by 54.3% during the 1st quarter. Russell Investments Group Ltd. now owns 1,710 shares of the company’s stock worth $34,000 after purchasing an additional 602 shares during the last quarter. Whittier Trust Co. lifted its position in shares of Woodside Energy Group by 25.1% during the 2nd quarter. Whittier Trust Co. now owns 3,063 shares of the company’s stock worth $58,000 after purchasing an additional 615 shares during the last quarter. Optiver Holding B.V. acquired a new position in shares of Woodside Energy Group during the fourth quarter worth $72,000. Finally, Lindbrook Capital LLC increased its holdings in Woodside Energy Group by 18.1% in the first quarter. Lindbrook Capital LLC now owns 4,118 shares of the company’s stock valued at $82,000 after buying an additional 632 shares during the last quarter. 3.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

WDS has been the subject of several analyst reports. Morgan Stanley cut Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, August 27th. The Goldman Sachs Group lowered shares of Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 8th. Macquarie upgraded shares of Woodside Energy Group to a “strong-buy” rating in a research report on Sunday, June 23rd. Citigroup downgraded shares of Woodside Energy Group from a “neutral” rating to a “sell” rating in a research report on Wednesday, September 4th. Finally, Sanford C. Bernstein cut shares of Woodside Energy Group from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 20th. One research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Woodside Energy Group Trading Down 0.8 %

NYSE:WDS opened at $16.80 on Friday. Woodside Energy Group Ltd has a 52-week low of $15.32 and a 52-week high of $23.64. The stock’s 50 day moving average price is $17.50 and its 200 day moving average price is $18.42. 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 firm also recently announced a Semi-Annual dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Friday, September 6th will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Friday, September 6th. This is a positive change from Woodside Energy Group’s previous Semi-Annual dividend of $0.60. This represents a dividend yield of 6.8%.

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.