US Bancorp DE Sells 58,789 Shares of Woodside Energy Group Ltd (NYSE:WDS)

US Bancorp DE decreased its position in shares of Woodside Energy Group Ltd (NYSE:WDS) by 30.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 131,461 shares of the company’s stock after selling 58,789 shares during the period. US Bancorp DE’s holdings in Woodside Energy Group were worth $2,266,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Natixis Advisors LLC lifted its holdings in shares of Woodside Energy Group by 25.4% during the 2nd quarter. Natixis Advisors LLC now owns 1,826,619 shares of the company’s stock valued at $34,359,000 after purchasing an additional 369,994 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Woodside Energy Group by 0.7% in the second quarter. Dimensional Fund Advisors LP now owns 869,713 shares of the company’s stock valued at $16,360,000 after buying an additional 6,267 shares during the last quarter. Millennium Management LLC boosted its holdings in Woodside Energy Group by 10.6% in the second quarter. Millennium Management LLC now owns 505,380 shares of the company’s stock worth $9,506,000 after acquiring an additional 48,278 shares in the last quarter. Nichols & Pratt Advisers LLP MA grew its stake in shares of Woodside Energy Group by 0.4% during the second quarter. Nichols & Pratt Advisers LLP MA now owns 258,480 shares of the company’s stock worth $4,862,000 after acquiring an additional 1,031 shares during the last quarter. Finally, Earnest Partners LLC increased its holdings in shares of Woodside Energy Group by 4.3% during the second quarter. Earnest Partners LLC now owns 226,782 shares of the company’s stock valued at $4,266,000 after acquiring an additional 9,363 shares in the last quarter. 3.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

WDS has been the subject of a number of recent analyst reports. Morgan Stanley cut shares of Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, August 27th. Citigroup lowered shares of Woodside Energy Group from a “neutral” rating to a “sell” rating in a report on Wednesday, September 4th. Royal Bank of Canada upgraded Woodside Energy Group to a “moderate buy” rating in a research note on Tuesday, August 6th. The Goldman Sachs Group downgraded Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 8th. Finally, Sanford C. Bernstein cut Woodside Energy Group from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 20th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a strong buy rating to the company. According to MarketBeat, Woodside Energy Group currently has a consensus rating of “Hold”.

Woodside Energy Group Stock Performance

NYSE:WDS opened at $15.58 on Thursday. 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 company’s fifty day moving average price is $16.82 and its 200-day moving average price is $17.76. Woodside Energy Group Ltd has a 1-year low of $15.28 and a 1-year high of $21.63.

Woodside Energy Group Increases Dividend

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

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.