Sequoia Financial Advisors LLC Buys 4,666 Shares of Woodside Energy Group Ltd (NYSE:WDS)

Sequoia Financial Advisors LLC raised its stake in shares of Woodside Energy Group Ltd (NYSE:WDS) by 30.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,770 shares of the company’s stock after purchasing an additional 4,666 shares during the period. Sequoia Financial Advisors LLC’s holdings in Woodside Energy Group were worth $308,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. FMR LLC lifted its holdings in shares of Woodside Energy Group by 92.2% in the 3rd quarter. FMR LLC now owns 2,023,151 shares of the company’s stock valued at $34,879,000 after acquiring an additional 970,640 shares during the last quarter. Associated Banc Corp lifted its holdings in shares of Woodside Energy Group by 0.6% in the 3rd quarter. Associated Banc Corp now owns 842,490 shares of the company’s stock valued at $14,525,000 after acquiring an additional 5,067 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Woodside Energy Group in the 4th quarter valued at about $6,554,000. Jane Street Group LLC lifted its holdings in shares of Woodside Energy Group by 154.0% in the 3rd quarter. Jane Street Group LLC now owns 308,503 shares of the company’s stock valued at $5,319,000 after acquiring an additional 187,033 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in shares of Woodside Energy Group by 22.6% in the 3rd quarter. Stifel Financial Corp now owns 298,463 shares of the company’s stock valued at $5,146,000 after acquiring an additional 55,078 shares during the last quarter. Institutional investors own 3.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on WDS. Bank of America raised shares of Woodside Energy Group from a “neutral” rating to a “buy” rating in a report on Wednesday, January 29th. Citigroup raised shares of Woodside Energy Group from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 25th. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Woodside Energy Group has a consensus rating of “Moderate Buy”.

Woodside Energy Group Stock Performance

Woodside Energy Group stock opened at $14.68 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.24 and a quick ratio of 1.09. Woodside Energy Group Ltd has a 1-year low of $14.11 and a 1-year high of $20.30. The firm has a market capitalization of $27.88 billion, a P/E ratio of 17.90 and a beta of 1.03. The company’s 50-day moving average is $15.28 and its 200 day moving average is $15.87.

Woodside Energy Group Cuts Dividend

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