International Assets Investment Management LLC Takes $282,000 Position in Woodside Energy Group Ltd (NYSE:WDS)

International Assets Investment Management LLC purchased a new stake in shares of Woodside Energy Group Ltd (NYSE:WDS) in the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 16,361 shares of the company’s stock, valued at approximately $282,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Natixis Advisors LLC boosted its holdings in shares of Woodside Energy Group by 25.4% during the second quarter. Natixis Advisors LLC now owns 1,826,619 shares of the company’s stock valued at $34,359,000 after acquiring an additional 369,994 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Woodside Energy Group by 0.7% during the second quarter. Dimensional Fund Advisors LP now owns 869,713 shares of the company’s stock valued at $16,360,000 after acquiring an additional 6,267 shares during the period. Millennium Management LLC boosted its holdings in shares of 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 acquiring an additional 48,278 shares during the period. Nichols & Pratt Advisers LLP MA boosted its holdings in shares of 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 acquiring an additional 1,031 shares during the period. Finally, Earnest Partners LLC boosted its holdings in shares of Woodside Energy Group by 4.3% during the second quarter. Earnest Partners LLC now owns 226,782 shares of the company’s stock valued at $4,266,000 after acquiring an additional 9,363 shares during the period. Institutional investors and hedge funds own 3.17% of the company’s stock.

Woodside Energy Group Stock Performance

Shares of WDS opened at $15.58 on Thursday. Woodside Energy Group Ltd has a 52-week low of $15.28 and a 52-week high of $21.63. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average price of $16.82 and a 200 day moving average price of $17.76.

Woodside Energy Group Increases Dividend

The firm also recently disclosed a Semi-Annual dividend, which was paid on Thursday, October 3rd. Stockholders of record on Friday, September 6th were given a dividend of $0.67 per share. This is a positive change from Woodside Energy Group’s previous Semi-Annual dividend of $0.60. The ex-dividend date was Friday, September 6th. This represents a dividend yield of 6.8%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Citigroup downgraded shares of Woodside Energy Group from a “neutral” rating to a “sell” rating in a report on Wednesday, September 4th. Morgan Stanley lowered shares of Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, August 27th. Royal Bank of Canada upgraded shares of Woodside Energy Group to a “moderate buy” rating in a research report on Tuesday, August 6th. The Goldman Sachs Group lowered shares of Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 8th. Finally, Sanford C. Bernstein lowered shares of Woodside Energy Group from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 20th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus 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.