U S Global Investors Inc. Buys 35,000 Shares of Woodside Energy Group Ltd $WDS

U S Global Investors Inc. increased its stake in shares of Woodside Energy Group Ltd (NYSE:WDS) by 87.5% during the first quarter, HoldingsChannel reports. The fund owned 75,000 shares of the company’s stock after buying an additional 35,000 shares during the period. U S Global Investors Inc.’s holdings in Woodside Energy Group were worth $1,791,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Arax Advisory Partners lifted its position in Woodside Energy Group by 257.0% in the 4th quarter. Arax Advisory Partners now owns 1,660 shares of the company’s stock valued at $26,000 after acquiring an additional 1,195 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in Woodside Energy Group by 111.3% during the 1st 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 in the last quarter. EFG International AG bought a new position in Woodside Energy Group during the 4th quarter worth about $32,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Woodside Energy Group in the 4th quarter valued at about $35,000. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of 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. 3.17% of the stock is currently owned by institutional investors and hedge funds.

Woodside Energy Group Stock Up 0.7%

Shares of NYSE WDS traded up $0.15 during midday trading on Friday, reaching $20.15. The company’s stock had a trading volume of 354,892 shares, compared to its average volume of 1,153,333. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.59 and a quick ratio of 1.46. Woodside Energy Group Ltd has a fifty-two week low of $14.27 and a fifty-two week high of $25.19. The stock has a 50 day simple moving average of $21.32 and a 200-day simple moving average of $20.42.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Woodside Energy Group in a research report on Monday, June 8th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold”.

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.