XY Capital Ltd Sells 185,826 Shares of Woodside Energy Group Ltd (NYSE:WDS)

XY Capital Ltd lessened its stake in shares of Woodside Energy Group Ltd (NYSE:WDS) by 78.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,200 shares of the company’s stock after selling 185,826 shares during the quarter. Woodside Energy Group makes up about 0.6% of XY Capital Ltd’s portfolio, making the stock its 15th biggest position. XY Capital Ltd’s holdings in Woodside Energy Group were worth $963,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of WDS. Russell Investments Group Ltd. lifted 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 last quarter. Mckinley Capital Management LLC lifted its position in shares of Woodside Energy Group by 1.4% during the first quarter. Mckinley Capital Management LLC now owns 44,683 shares of the company’s stock valued at $892,000 after buying an additional 613 shares during the last quarter. Whittier Trust Co. lifted its position in shares of Woodside Energy Group by 25.1% during the second quarter. Whittier Trust Co. now owns 3,063 shares of the company’s stock valued at $58,000 after buying an additional 615 shares during the last quarter. Lindbrook Capital LLC boosted its holdings in shares of Woodside Energy Group by 18.1% in the 1st quarter. Lindbrook Capital LLC now owns 4,118 shares of the company’s stock valued at $82,000 after buying an additional 632 shares in the last quarter. Finally, Confluence Investment Management LLC grew its position in shares of Woodside Energy Group by 3.2% in the 2nd quarter. Confluence Investment Management LLC now owns 24,698 shares of the company’s stock worth $465,000 after buying an additional 759 shares during the last quarter. Institutional investors own 3.17% of the company’s stock.

Woodside Energy Group Trading Down 1.4 %

NYSE WDS opened at $17.39 on Friday. Woodside Energy Group Ltd has a 12-month low of $16.13 and a 12-month high of $24.85. The company has a fifty day simple moving average of $18.21 and a two-hundred day simple moving average of $18.69. The company has a quick ratio of 0.90, a current ratio of 1.24 and a debt-to-equity ratio of 0.13.

Woodside Energy Group Increases Dividend

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

Wall Street Analysts Forecast Growth

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

Woodside Energy Group Company 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.