United Capital Financial Advisors LLC Boosts Stock Position in Woodside Energy Group Ltd (NYSE:WDS)

United Capital Financial Advisors LLC lifted its stake in Woodside Energy Group Ltd (NYSE:WDS) by 17.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 17,675 shares of the company’s stock after purchasing an additional 2,587 shares during the period. United Capital Financial Advisors LLC’s holdings in Woodside Energy Group were worth $276,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Huntington National Bank increased its stake in shares of Woodside Energy Group by 482.5% in the 4th quarter. Huntington National Bank now owns 1,730 shares of the company’s stock worth $27,000 after acquiring an additional 1,433 shares during the last quarter. R Squared Ltd purchased a new stake in shares of Woodside Energy Group in the fourth quarter valued at about $30,000. Addison Advisors LLC raised its stake in Woodside Energy Group by 559.9% during the fourth quarter. Addison Advisors LLC now owns 1,973 shares of the company’s stock worth $31,000 after purchasing an additional 1,674 shares during the period. GAMMA Investing LLC raised its stake in Woodside Energy Group by 43.6% during the fourth quarter. GAMMA Investing LLC now owns 2,176 shares of the company’s stock worth $34,000 after purchasing an additional 661 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Woodside Energy Group in the 3rd quarter valued at approximately $39,000. Hedge funds and other institutional investors own 3.17% of the company’s stock.

Analyst Upgrades and Downgrades

WDS has been the topic of several analyst reports. Macquarie lowered shares of Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 8th. Bank of America upgraded Woodside Energy Group from a “neutral” rating to a “buy” rating in a report on Wednesday, January 29th. Finally, Citigroup upgraded shares of Woodside Energy Group from a “sell” rating to a “neutral” rating in a report on Tuesday, February 25th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

Woodside Energy Group Stock Down 0.6 %

NYSE:WDS opened at $12.73 on Tuesday. Woodside Energy Group Ltd has a 52 week low of $11.26 and a 52 week high of $20.17. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 0.13. The stock’s fifty day moving average is $14.08 and its two-hundred day moving average is $15.22. The stock has a market capitalization of $24.17 billion, a price-to-earnings ratio of 15.52 and a beta of 0.76.

Woodside Energy Group Cuts Dividend

The company also recently announced a semi-annual dividend, which was paid on Wednesday, April 2nd. Investors of record on Friday, March 7th were issued a dividend of $0.51 per share. This represents a yield of 7.6%. The ex-dividend date was Friday, March 7th. Woodside Energy Group’s dividend payout ratio (DPR) 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.