Woodside Energy Group (NYSE:WDS) Cut to “Sell” at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen lowered shares of Woodside Energy Group (NYSE:WDS – Free Report) from a hold rating to a sell rating in a research note issued to investors on Monday morning.

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Woodside Energy Group in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Woodside Energy Group currently has an average rating of “Moderate Buy”.

Check Out Our Latest Report on WDS

Woodside Energy Group Stock Up 0.0%

Shares of NYSE:WDS opened at $16.49 on Monday. The business’s 50-day simple moving average is $16.04 and its 200 day simple moving average is $16.11. The company has a current ratio of 1.90, a quick ratio of 1.74 and a debt-to-equity ratio of 0.31. Woodside Energy Group has a one year low of $11.26 and a one year high of $17.70.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in WDS. Geneos Wealth Management Inc. increased its position in Woodside Energy Group by 111.3% in the first quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company’s stock worth $30,000 after buying an additional 1,102 shares during the period. Rothschild Investment LLC increased its holdings in shares of Woodside Energy Group by 137.7% in the 2nd quarter. Rothschild Investment LLC now owns 2,073 shares of the company’s stock worth $32,000 after acquiring an additional 1,201 shares during the period. MAI Capital Management lifted its position in Woodside Energy Group by 206.6% in the 2nd quarter. MAI Capital Management now owns 2,287 shares of the company’s stock valued at $35,000 after purchasing an additional 1,541 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position 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 last quarter. Finally, GAMMA Investing LLC boosted its stake in Woodside Energy Group by 105.5% during the 2nd quarter. GAMMA Investing LLC now owns 2,723 shares of the company’s stock valued at $42,000 after purchasing an additional 1,398 shares during the period. 3.17% of the stock is currently owned by institutional investors.

About Woodside Energy Group

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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.

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