Hsbc Holdings PLC Takes $2.61 Million Position in Woodside Energy Group Ltd $WDS

Hsbc Holdings PLC bought a new position in shares of Woodside Energy Group Ltd (NYSE:WDS) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 169,290 shares of the company’s stock, valued at approximately $2,606,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Vident Advisory LLC lifted its position in shares of Woodside Energy Group by 65.9% during the first quarter. Vident Advisory LLC now owns 78,364 shares of the company’s stock worth $1,136,000 after purchasing an additional 31,117 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Woodside Energy Group by 10.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 167,110 shares of the company’s stock worth $2,421,000 after buying an additional 16,340 shares during the period. Vise Technologies Inc. acquired a new stake in Woodside Energy Group during the 2nd quarter worth approximately $325,000. Callan Family Office LLC purchased a new position in Woodside Energy Group in the 2nd quarter valued at approximately $675,000. Finally, Abel Hall LLC acquired a new position in shares of Woodside Energy Group in the second quarter worth $650,000. 3.17% of the stock is currently owned by hedge funds and other institutional investors.

Woodside Energy Group Stock Down 1.8%

Woodside Energy Group stock opened at $16.58 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.74 and a current ratio of 1.90. The stock’s fifty day moving average is $15.95 and its two-hundred day moving average is $16.06. Woodside Energy Group Ltd has a 1-year low of $11.26 and a 1-year high of $17.70.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Woodside Energy Group in a research note on Wednesday, October 8th. Wall Street Zen raised Woodside Energy Group from a “sell” rating to a “hold” rating in a research report on Sunday, November 30th. One investment 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 stock. Based on data from MarketBeat.com, Woodside Energy Group has a consensus rating of “Moderate Buy”.

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.