Massachusetts Financial Services Co. MA Has $3.09 Million Stock Holdings in Woodside Energy Group Ltd (NYSE:WDS)

Massachusetts Financial Services Co. MA increased its stake in shares of Woodside Energy Group Ltd (NYSE:WDS) by 2.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 198,071 shares of the company’s stock after buying an additional 4,398 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Woodside Energy Group were worth $3,090,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in WDS. Franklin Resources Inc. boosted its holdings in Woodside Energy Group by 15.0% in the fourth quarter. Franklin Resources Inc. now owns 17,791 shares of the company’s stock valued at $278,000 after acquiring an additional 2,325 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Woodside Energy Group by 4.0% in the 4th quarter. JPMorgan Chase & Co. now owns 36,997 shares of the company’s stock valued at $577,000 after purchasing an additional 1,417 shares during the last quarter. LPL Financial LLC grew its position in shares of Woodside Energy Group by 90.1% during the 4th quarter. LPL Financial LLC now owns 57,238 shares of the company’s stock worth $893,000 after buying an additional 27,133 shares during the period. Sei Investments Co. raised its stake in shares of Woodside Energy Group by 2.1% during the fourth quarter. Sei Investments Co. now owns 56,689 shares of the company’s stock worth $884,000 after buying an additional 1,153 shares during the last quarter. Finally, Virtu Financial LLC lifted its holdings in Woodside Energy Group by 7.1% in the fourth quarter. Virtu Financial LLC now owns 12,215 shares of the company’s stock valued at $191,000 after buying an additional 813 shares during the period. Institutional investors own 3.17% of the company’s stock.

Analyst Ratings Changes

WDS has been the subject of several recent research reports. Bank of America upgraded shares of Woodside Energy Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 29th. Citigroup raised Woodside Energy Group from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 25th. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Woodside Energy Group Stock Down 0.9 %

NYSE:WDS opened at $11.52 on Tuesday. The company has a market cap of $21.88 billion, a PE ratio of 14.05 and a beta of 0.76. The stock has a 50-day simple moving average of $14.81 and a 200 day simple moving average of $15.63. 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 52-week low of $11.26 and a 52-week high of $20.22.

Woodside Energy Group Cuts Dividend

The business also recently declared a semi-annual dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th were paid a $0.51 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a yield of 7.6%. Woodside Energy Group’s dividend payout ratio is 124.39%.

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.