XY Capital Ltd Cuts Stock Holdings in Woodside Energy Group Ltd (NYSE:WDS)

XY Capital Ltd reduced its stake in Woodside Energy Group Ltd (NYSE:WDS) by 78.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 51,200 shares of the company’s stock after selling 185,826 shares during the period. Woodside Energy Group makes up 0.6% of XY Capital Ltd’s portfolio, making the stock its 15th largest holding. XY Capital Ltd’s holdings in Woodside Energy Group were worth $963,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Rothschild Investment LLC bought a new stake in shares of Woodside Energy Group in the second quarter worth about $29,000. Russell Investments Group Ltd. boosted its stake in shares of Woodside Energy Group by 54.3% during the 1st quarter. Russell Investments Group Ltd. now owns 1,710 shares of the company’s stock worth $34,000 after purchasing an additional 602 shares during the period. Whittier Trust Co. grew its holdings in Woodside Energy Group by 25.1% during the 2nd quarter. Whittier Trust Co. now owns 3,063 shares of the company’s stock valued at $58,000 after purchasing an additional 615 shares during the last quarter. Optiver Holding B.V. purchased a new stake in Woodside Energy Group in the 4th quarter worth about $72,000. Finally, Lindbrook Capital LLC lifted its stake in Woodside Energy Group by 18.1% in the first quarter. Lindbrook Capital LLC now owns 4,118 shares of the company’s stock worth $82,000 after purchasing an additional 632 shares during the last quarter. Hedge funds and other institutional investors own 3.17% of the company’s stock.

Woodside Energy Group Stock Down 1.4 %

Shares of WDS stock opened at $17.39 on Friday. Woodside Energy Group Ltd has a twelve month low of $16.13 and a twelve month high of $24.85. The company has a current ratio of 1.24, a quick ratio of 0.90 and a debt-to-equity ratio of 0.13. The stock has a fifty day simple moving average of $18.21 and a two-hundred day simple moving average of $18.69.

Woodside Energy Group Increases Dividend

The firm also recently announced a Semi-Annual dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Friday, September 6th will be issued a dividend of $0.67 per share. This represents a yield of 6.8%. This is a boost from Woodside Energy Group’s previous Semi-Annual dividend of $0.60. The ex-dividend date is Friday, September 6th.

Analysts Set New Price Targets

Several brokerages have recently weighed in on WDS. Citigroup downgraded Woodside Energy Group from a “neutral” rating to a “sell” rating in a report on Wednesday. Sanford C. Bernstein downgraded Woodside Energy Group from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 20th. The Goldman Sachs Group cut shares of Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 8th. Morgan Stanley lowered shares of Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a report on Tuesday, August 27th. Finally, Macquarie upgraded shares of Woodside Energy Group to a “strong-buy” rating in a research note on Sunday, June 23rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average 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.