Lighthouse Investment Partners LLC Acquires Shares of 13,262 Woodside Energy Group Ltd (NYSE:WDS)

Lighthouse Investment Partners LLC acquired a new position in Woodside Energy Group Ltd (NYSE:WDS) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 13,262 shares of the company’s stock, valued at approximately $249,000.

Other institutional investors have also recently made changes to their positions in the company. Natixis Advisors LLC boosted its position in Woodside Energy Group by 25.4% in the 2nd quarter. Natixis Advisors LLC now owns 1,826,619 shares of the company’s stock worth $34,359,000 after purchasing an additional 369,994 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Woodside Energy Group by 0.7% during the second quarter. Dimensional Fund Advisors LP now owns 869,713 shares of the company’s stock worth $16,360,000 after buying an additional 6,267 shares in the last quarter. Millennium Management LLC grew its position in Woodside Energy Group by 10.6% during the second quarter. Millennium Management LLC now owns 505,380 shares of the company’s stock valued at $9,506,000 after buying an additional 48,278 shares during the period. Nichols & Pratt Advisers LLP MA grew its position in 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 valued at $4,862,000 after buying an additional 1,031 shares during the period. Finally, Earnest Partners LLC increased its holdings in Woodside Energy Group by 4.3% in the second quarter. Earnest Partners LLC now owns 226,782 shares of the company’s stock valued at $4,266,000 after buying an additional 9,363 shares in the last quarter. Hedge funds and other institutional investors own 3.17% of the company’s stock.

Woodside Energy Group Price Performance

NYSE:WDS opened at $17.06 on Monday. The stock has a 50 day moving average of $17.24 and a two-hundred day moving average of $18.32. Woodside Energy Group Ltd has a 12 month low of $15.32 and a 12 month high of $23.64. 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 Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on WDS. Royal Bank of Canada upgraded Woodside Energy Group to a “moderate buy” rating in a research report on Tuesday, August 6th. Sanford C. Bernstein lowered Woodside Energy Group from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 20th. Macquarie raised Woodside Energy Group to a “strong-buy” rating in a research note on Sunday, June 23rd. The Goldman Sachs Group cut shares of Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 8th. Finally, Citigroup cut shares of Woodside Energy Group from a “neutral” rating to a “sell” rating in a research report on Wednesday, September 4th. 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’s stock. Based on data from MarketBeat, Woodside Energy Group currently has an average rating of “Hold”.

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.