Mission Wealth Management LP Buys 881 Shares of Woodside Energy Group Ltd (NYSE:WDS)

Mission Wealth Management LP increased its stake in Woodside Energy Group Ltd (NYSE:WDS) by 8.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,650 shares of the company’s stock after purchasing an additional 881 shares during the quarter. Mission Wealth Management LP’s holdings in Woodside Energy Group were worth $182,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of WDS. International Assets Investment Management LLC bought a new position in Woodside Energy Group in the 3rd quarter worth $282,000. Wealth Enhancement Advisory Services LLC bought a new position in Woodside Energy Group in the 3rd quarter worth $183,000. Nisa Investment Advisors LLC raised its holdings in Woodside Energy Group by 81.8% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,000 shares of the company’s stock worth $36,000 after purchasing an additional 900 shares during the period. XY Capital Ltd raised its holdings in Woodside Energy Group by 554.0% in 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 during the period. Finally, Oppenheimer & Co. Inc. raised its holdings in Woodside Energy Group by 18.7% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 45,623 shares of the company’s stock worth $787,000 after purchasing an additional 7,174 shares during the period. 3.17% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

WDS has been the topic of a number of recent research reports. Citigroup raised Woodside Energy Group from a “sell” rating to a “neutral” rating in a report on Tuesday, February 25th. Bank of America upgraded Woodside Energy Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 29th. 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 stock. Based on data from MarketBeat.com, Woodside Energy Group currently has a consensus rating of “Moderate Buy”.

Woodside Energy Group Trading Down 0.4 %

Shares of WDS stock opened at $15.09 on Friday. Woodside Energy Group Ltd has a 52-week low of $14.34 and a 52-week high of $20.30. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.09 and a current ratio of 1.24. The firm has a market capitalization of $28.65 billion, a PE ratio of 18.40 and a beta of 1.03. The stock has a fifty day simple moving average of $15.51 and a two-hundred day simple moving average of $16.10.

Woodside Energy Group Cuts Dividend

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