Greenleaf Trust Sells 24,903 Shares of Woodside Energy Group Ltd (NYSE:WDS)

Greenleaf Trust decreased its holdings in Woodside Energy Group Ltd (NYSE:WDS) by 44.7% in the third quarter, Holdings Channel reports. The fund owned 30,793 shares of the company’s stock after selling 24,903 shares during the quarter. Greenleaf Trust’s holdings in Woodside Energy Group were worth $531,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new stake in shares of Woodside Energy Group in the 1st quarter valued at approximately $92,000. Naviter Wealth LLC lifted its position in Woodside Energy Group by 73.6% in the first quarter. Naviter Wealth LLC now owns 41,947 shares of the company’s stock worth $861,000 after buying an additional 17,784 shares during the last quarter. First Trust Direct Indexing L.P. boosted its stake in Woodside Energy Group by 23.5% during the first quarter. First Trust Direct Indexing L.P. now owns 56,021 shares of the company’s stock worth $1,119,000 after buying an additional 10,655 shares during the period. Mckinley Capital Management LLC increased its position in 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 acquiring an additional 613 shares during the last quarter. Finally, Signaturefd LLC raised its stake in shares of Woodside Energy Group by 7.2% in the first quarter. Signaturefd LLC now owns 48,984 shares of the company’s stock valued at $978,000 after acquiring an additional 3,301 shares during the period. Hedge funds and other institutional investors own 3.17% of the company’s stock.

Woodside Energy Group Price Performance

Shares of NYSE:WDS opened at $16.11 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 0.13. The firm’s 50 day simple moving average is $17.16 and its 200-day simple moving average is $17.99. Woodside Energy Group Ltd has a one year low of $15.32 and a one year high of $22.33.

Woodside Energy Group Increases Dividend

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

Analyst Upgrades and Downgrades

WDS has been the subject of a number of recent analyst reports. Royal Bank of Canada raised shares of Woodside Energy Group to a “moderate buy” rating in a research note on Tuesday, August 6th. Sanford C. Bernstein lowered Woodside Energy Group from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 20th. Citigroup downgraded Woodside Energy Group from a “neutral” rating to a “sell” rating in a report on Wednesday, September 4th. Morgan Stanley cut Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a report on Tuesday, August 27th. Finally, The Goldman Sachs Group lowered Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 8th. One research 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’s stock. According to data from MarketBeat.com, Woodside Energy Group 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.