UBS Group AG Buys 968,707 Shares of Woodside Energy Group Ltd $WDS

UBS Group AG grew its stake in shares of Woodside Energy Group Ltd (NYSE:WDS) by 381.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,222,912 shares of the company’s stock after acquiring an additional 968,707 shares during the period. UBS Group AG owned 0.06% of Woodside Energy Group worth $19,065,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Geneos Wealth Management Inc. increased its stake in shares of Woodside Energy Group by 111.3% during the first quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company’s stock worth $30,000 after purchasing an additional 1,102 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Woodside Energy Group by 38.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,317 shares of the company’s stock valued at $36,000 after purchasing an additional 646 shares during the period. V Square Quantitative Management LLC acquired a new position in Woodside Energy Group in the 4th quarter valued at $50,000. NewEdge Advisors LLC grew its holdings in Woodside Energy Group by 21.9% in the 2nd quarter. NewEdge Advisors LLC now owns 4,171 shares of the company’s stock valued at $64,000 after buying an additional 750 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in Woodside Energy Group by 256.8% during the 4th quarter. Farther Finance Advisors LLC now owns 4,278 shares of the company’s stock worth $67,000 after buying an additional 3,079 shares during the period. Institutional investors own 3.17% of the company’s stock.

Woodside Energy Group Trading Up 3.2%

Shares of NYSE WDS opened at $22.27 on Tuesday. The stock’s fifty day moving average is $23.07 and its 200 day moving average is $18.97. Woodside Energy Group Ltd has a 52 week low of $13.39 and a 52 week high of $25.19. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.46 and a current ratio of 1.59.

Woodside Energy Group Announces Dividend

The company also recently announced a dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 6th were given a $0.59 dividend. The ex-dividend date was Friday, March 6th. This represents a dividend yield of 594.0%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Woodside Energy Group from a “sell” rating to a “hold” rating in a report on Monday, January 19th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Woodside Energy Group has an average rating of “Buy”.

Insider Buying and Selling at Woodside Energy Group

In other news, insider Mark Anthony Abbotsford sold 7,500 shares of the business’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $24.06, for a total transaction of $180,450.00. Following the completion of the transaction, the insider owned 24,467 shares of the company’s stock, valued at approximately $588,676.02. The trade was a 23.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.04% of the company’s stock.

Woodside Energy Group Company Profile

Woodside Energy Group (NYSE: WDS) is an Australia-based energy company focused on the exploration, development, production and marketing of oil and natural gas, with a strong emphasis on liquefied natural gas (LNG). The company’s activities span the upstream value chain, including exploration and appraisal of hydrocarbon resources, development and operation of production facilities, and the sale and delivery of hydrocarbons to global customers.

Woodside’s operations center on conventional oil and gas projects and large-scale LNG processing and export, supported by project management, engineering and commercial trading capabilities.