XY Capital Ltd Grows Stock Position in Woodside Energy Group Ltd $WDS

XY Capital Ltd grew its position in Woodside Energy Group Ltd (NYSE:WDS) by 1,029.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 150,417 shares of the company’s stock after acquiring an additional 137,099 shares during the quarter. Woodside Energy Group comprises 1.5% of XY Capital Ltd’s holdings, making the stock its 13th largest position. XY Capital Ltd’s holdings in Woodside Energy Group were worth $2,345,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Geneos Wealth Management Inc. lifted its position in shares of Woodside Energy Group by 111.3% in the first quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company’s stock valued at $30,000 after acquiring an additional 1,102 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Woodside Energy Group by 38.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,317 shares of the company’s stock valued at $36,000 after acquiring an additional 646 shares in the last quarter. V Square Quantitative Management LLC purchased a new position in shares of Woodside Energy Group in the fourth quarter valued at approximately $50,000. Manchester Capital Management LLC lifted its position in shares of Woodside Energy Group by 2,616.5% in the fourth quarter. Manchester Capital Management LLC now owns 3,450 shares of the company’s stock valued at $54,000 after acquiring an additional 3,323 shares in the last quarter. Finally, Allworth Financial LP lifted its position in shares of Woodside Energy Group by 19.3% in the fourth quarter. Allworth Financial LP now owns 3,907 shares of the company’s stock valued at $61,000 after acquiring an additional 633 shares in the last quarter. Hedge funds and other institutional investors own 3.17% of the company’s stock.

Insider Buying and Selling

In related news, insider Mark Anthony Abbotsford sold 7,500 shares of Woodside Energy Group stock in a transaction that occurred 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 transaction, the insider owned 24,467 shares in the company, valued at approximately $588,676.02. This trade represents a 23.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.04% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Woodside Energy Group in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Woodside Energy Group currently has a consensus rating of “Buy”.

Woodside Energy Group Stock Performance

Shares of Woodside Energy Group stock opened at $21.78 on Friday. Woodside Energy Group Ltd has a one year low of $14.27 and a one year high of $25.19. The company has a current ratio of 1.59, a quick ratio of 1.46 and a debt-to-equity ratio of 0.28. The business’s 50 day moving average price is $22.83 and its 200 day moving average price is $19.90.

Woodside Energy Group 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.