Cambridge Investment Research Advisors Inc. Invests $766,000 in Woodside Energy Group Ltd (NYSE:WDS)

Cambridge Investment Research Advisors Inc. bought a new stake in shares of Woodside Energy Group Ltd (NYSE:WDS – Get Rating) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 31,644 shares of the company’s stock, valued at approximately $766,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in WDS. Hikari Tsushin Inc. bought a new stake in shares of Woodside Energy Group during the 4th quarter worth $857,000. Oppenheimer & Co. Inc. bought a new position in shares of Woodside Energy Group in the fourth quarter worth about $305,000. Commonwealth Equity Services LLC bought a new position in shares of Woodside Energy Group in the fourth quarter worth about $475,000. LPL Financial LLC acquired a new stake in shares of Woodside Energy Group during the 4th quarter worth approximately $1,214,000. Finally, South Dakota Investment Council acquired a new stake in shares of Woodside Energy Group during the 4th quarter worth approximately $235,000. 3.26% of the stock is owned by institutional investors and hedge funds.

Woodside Energy Group Stock Performance

NYSE WDS opened at $23.21 on Tuesday. The business has a 50 day simple moving average of $22.38 and a 200 day simple moving average of $23.89. The company has a quick ratio of 1.30, a current ratio of 1.41 and a debt-to-equity ratio of 0.13. Woodside Energy Group Ltd has a one year low of $19.11 and a one year high of $26.93.

Woodside Energy Group Increases Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Wednesday, April 5th. Stockholders of record on Thursday, March 9th were given a $1.42 dividend. The ex-dividend date of this dividend was Wednesday, March 8th. This is a boost from Woodside Energy Group’s previous Semi-Annual dividend of $1.05. This represents a dividend yield of 8.4%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on WDS. The Goldman Sachs Group cut shares of Woodside Energy Group from a “buy” rating to a “neutral” rating in a report on Sunday, April 30th. JPMorgan Chase & Co. raised shares of Woodside Energy Group from an “underweight” rating to a “neutral” rating in a research report on Friday, April 21st.

Woodside Energy Group Profile

(Get Rating)

Woodside Energy Group Ltd. engages in the exploration, evaluation, development, and production of hydrocarbon and oil and gas properties. It operates through the following segments: North West Shelf, Pluto, Australia Oil, Wheatstone, Development, and Others. The North West Shelf segment produces liquefied natural gas, pipeline natural gas, condensate, liquefied petroleum gas and crude oil from the North West Shelf ventures.