Atria Investments Inc Has $494,000 Stock Position in Woodside Energy Group Ltd (NYSE:WDS)

Atria Investments Inc cut its stake in Woodside Energy Group Ltd (NYSE:WDS) by 5.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,661 shares of the company’s stock after selling 1,736 shares during the period. Atria Investments Inc’s holdings in Woodside Energy Group were worth $494,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. XY Capital Ltd increased its position in shares of Woodside Energy Group by 554.0% during the 3rd quarter. XY Capital Ltd now owns 334,833 shares of the company’s stock worth $5,773,000 after purchasing an additional 283,633 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in Woodside Energy Group by 81.8% during the third quarter. Nisa Investment Advisors LLC now owns 2,000 shares of the company’s stock worth $36,000 after buying an additional 900 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Woodside Energy Group during the third quarter worth approximately $183,000. Mediolanum International Funds Ltd bought a new position in shares of Woodside Energy Group in the third quarter valued at approximately $702,000. Finally, Ballentine Partners LLC raised its stake in shares of Woodside Energy Group by 48.0% in the third quarter. Ballentine Partners LLC now owns 28,467 shares of the company’s stock valued at $491,000 after acquiring an additional 9,239 shares during the last quarter. Institutional investors own 3.17% of the company’s stock.

Woodside Energy Group Stock Performance

WDS stock opened at $15.92 on Thursday. 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 Ltd has a twelve month low of $15.24 and a twelve month high of $21.63. The business has a fifty day moving average of $16.53 and a 200-day moving average of $17.59.

Woodside Energy Group Increases Dividend

The company also recently disclosed a Semi-Annual dividend, which was paid on Thursday, October 3rd. Shareholders of record on Friday, September 6th were issued a dividend of $0.67 per share. This is a boost 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.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Citigroup cut 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. Sanford C. Bernstein downgraded shares of Woodside Energy Group from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 20th. Morgan Stanley lowered shares of Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a report on Tuesday, August 27th. Finally, The Goldman Sachs Group downgraded shares of Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 8th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

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.