O Shaughnessy Asset Management LLC Has $1.62 Million Stock Holdings in Woodside Energy Group Ltd (NYSE:WDS)

O Shaughnessy Asset Management LLC reduced its stake in Woodside Energy Group Ltd (NYSE:WDS) by 2.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 103,670 shares of the company’s stock after selling 2,313 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Woodside Energy Group were worth $1,617,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. FMR LLC lifted its position in shares of Woodside Energy Group by 92.2% in the 3rd quarter. FMR LLC now owns 2,023,151 shares of the company’s stock worth $34,879,000 after purchasing an additional 970,640 shares during the period. Raymond James Financial Inc. acquired a new position in Woodside Energy Group in the fourth quarter valued at $6,554,000. Summit Global Investments bought a new stake in Woodside Energy Group during the fourth quarter valued at $5,308,000. Natixis Advisors LLC raised its position in shares of Woodside Energy Group by 15.6% in the 4th quarter. Natixis Advisors LLC now owns 1,774,759 shares of the company’s stock worth $27,686,000 after acquiring an additional 239,308 shares in the last quarter. Finally, Jane Street Group LLC raised its position in shares of Woodside Energy Group by 154.0% in the 3rd quarter. Jane Street Group LLC now owns 308,503 shares of the company’s stock worth $5,319,000 after acquiring an additional 187,033 shares in the last quarter. 3.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on WDS shares. Citigroup raised Woodside Energy Group from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 25th. 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. Four investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Woodside Energy Group Stock Down 14.6 %

WDS stock opened at $11.63 on Friday. 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 fifty-two week low of $11.50 and a fifty-two week high of $20.22. The stock’s 50 day simple moving average is $14.89 and its 200 day simple moving average is $15.67. The company has a market cap of $22.07 billion, a P/E ratio of 14.18 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 $0.51 dividend. This represents a dividend yield of 7.6%. The ex-dividend date of this dividend was Friday, March 7th. Woodside Energy Group’s dividend payout ratio is currently 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.