International Assets Investment Management LLC Buys New Stake in Woodside Energy Group Ltd (NYSE:WDS)

International Assets Investment Management LLC acquired a new stake in Woodside Energy Group Ltd (NYSE:WDS) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 47,895 shares of the company’s stock, valued at approximately $1,010,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Pacer Advisors Inc. raised its holdings in shares of Woodside Energy Group by 22.1% during the 4th quarter. Pacer Advisors Inc. now owns 2,528,194 shares of the company’s stock valued at $53,320,000 after buying an additional 457,710 shares during the period. Natixis Advisors L.P. raised its stake in shares of Woodside Energy Group by 6.7% during the third quarter. Natixis Advisors L.P. now owns 1,234,587 shares of the company’s stock valued at $28,754,000 after purchasing an additional 77,172 shares during the period. FMR LLC lifted its position in shares of Woodside Energy Group by 10.3% during the third quarter. FMR LLC now owns 1,118,056 shares of the company’s stock worth $26,040,000 after purchasing an additional 104,176 shares in the last quarter. Cadinha & Co. LLC boosted its stake in shares of Woodside Energy Group by 1.4% in the third quarter. Cadinha & Co. LLC now owns 547,987 shares of the company’s stock valued at $12,763,000 after purchasing an additional 7,822 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in Woodside Energy Group by 34.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 535,626 shares of the company’s stock valued at $12,475,000 after purchasing an additional 137,885 shares in the last quarter. Institutional investors and hedge funds own 3.17% of the company’s stock.

Woodside Energy Group Stock Performance

Shares of WDS stock opened at $18.43 on Tuesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.03 and a quick ratio of 0.90. The company’s fifty day moving average price is $19.66 and its two-hundred day moving average price is $20.59. The firm has a market capitalization of $18.13 billion, a P/E ratio of 14.18 and a beta of 1.07. Woodside Energy Group Ltd has a 12 month low of $18.19 and a 12 month high of $25.84.

Woodside Energy Group Cuts Dividend

The firm also recently declared a semi-annual dividend, which was paid on Thursday, April 4th. Investors of record on Friday, March 8th were paid a $0.60 dividend. This represents a dividend yield of 7%. The ex-dividend date of this dividend was Thursday, March 7th. Woodside Energy Group’s dividend payout ratio (DPR) is 89.23%.

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.