Woodside Energy Group Ltd (NYSE:WDS) Given Average Rating of “Hold” by Analysts

Shares of Woodside Energy Group Ltd (NYSE:WDS) have been given a consensus recommendation of “Hold” by the five brokerages that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a strong buy recommendation to the company.

Separately, Bank of America upgraded shares of Woodside Energy Group from a “neutral” rating to a “buy” rating in a report on Wednesday.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Avior Wealth Management LLC boosted its holdings in Woodside Energy Group by 155.3% in the third quarter. Avior Wealth Management LLC now owns 1,644 shares of the company’s stock valued at $28,000 after acquiring an additional 1,000 shares in the last quarter. R Squared Ltd bought a new stake in Woodside Energy Group in the fourth quarter valued at $30,000. Nisa Investment Advisors LLC boosted its holdings in Woodside Energy Group by 81.8% in the third quarter. Nisa Investment Advisors LLC now owns 2,000 shares of the company’s stock valued at $36,000 after acquiring an additional 900 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Woodside Energy Group by 43.6% in the fourth quarter. GAMMA Investing LLC now owns 2,176 shares of the company’s stock valued at $34,000 after acquiring an additional 661 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Woodside Energy Group during the 3rd quarter valued at $39,000. 3.17% of the stock is owned by hedge funds and other institutional investors.

Woodside Energy Group Stock Up 1.4 %

Shares of WDS stock traded up $0.22 on Wednesday, hitting $15.48. The stock had a trading volume of 100,466 shares, compared to its average volume of 794,376. The business has a 50 day moving average of $15.64 and a 200 day moving average of $16.57. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.09 and a current ratio of 1.24. Woodside Energy Group has a 12-month low of $14.34 and a 12-month high of $21.38.

About Woodside Energy Group

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.