Cadeler A/S (NYSE:CDLR) Position Boosted by TT International Asset Management LTD

TT International Asset Management LTD lifted its stake in Cadeler A/S (NYSE:CDLR - Free Report) by 71.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 246,173 shares of the company's stock after purchasing an additional 102,712 shares during the period. Cadeler A/S accounts for approximately 0.9% of TT International Asset Management LTD's holdings, making the stock its 20th largest position. TT International Asset Management LTD owned about 0.28% of Cadeler A/S worth $6,937,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. BNP Paribas Financial Markets bought a new stake in Cadeler A/S in the third quarter worth about $248,000. Trium Capital LLP lifted its position in Cadeler A/S by 39.5% during the second quarter. Trium Capital LLP now owns 16,363 shares of the company's stock valued at $410,000 after purchasing an additional 4,636 shares during the period. Summit Securities Group LLC lifted its position in Cadeler A/S by 129.0% during the second quarter. Summit Securities Group LLC now owns 19,584 shares of the company's stock valued at $490,000 after purchasing an additional 11,031 shares during the period. Price Jennifer C. acquired a new position in shares of Cadeler A/S in the second quarter worth about $1,955,000. Finally, Yaupon Capital Management LP increased its stake in shares of Cadeler A/S by 61.0% during the third quarter. Yaupon Capital Management LP now owns 114,641 shares of the company's stock worth $3,231,000 after purchasing an additional 43,435 shares in the last quarter. Hedge funds and other institutional investors own 53.03% of the company's stock.

Cadeler A/S Stock Performance

Shares of Cadeler A/S stock traded down $0.12 during mid-day trading on Wednesday, hitting $23.64. The stock had a trading volume of 29,286 shares, compared to its average volume of 84,614. The firm has a 50-day moving average of $25.82 and a two-hundred day moving average of $25.59. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.81 and a current ratio of 1.82. Cadeler A/S has a 12-month low of $16.29 and a 12-month high of $28.75.

Cadeler A/S Company Profile

Cadeler A/S operates as an offshore wind farm transportation and installation contractor in Denmark. It also provides wind farm construction, maintenance, decommissioning, and other tasks within the offshore industry, as well as marine and engineering services. The company owns and operates four offshore jack-up windfarm installation vessels.