Marshall Wace LLP Buys New Position in Cadeler A/S (NYSE:CDLR)

Marshall Wace LLP purchased a new position in shares of Cadeler A/S (NYSE:CDLR - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 64,409 shares of the company's stock, valued at approximately $1,438,000. Marshall Wace LLP owned 0.07% of Cadeler A/S at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Brightline Capital Management LLC raised its position in Cadeler A/S by 1.2% during the fourth quarter. Brightline Capital Management LLC now owns 659,000 shares of the company's stock worth $14,715,000 after acquiring an additional 8,000 shares in the last quarter. OLD Mission Capital LLC acquired a new stake in Cadeler A/S in the 4th quarter valued at about $435,000. JPMorgan Chase & Co. lifted its stake in Cadeler A/S by 3.9% in the 4th quarter. JPMorgan Chase & Co. now owns 73,958 shares of the company's stock valued at $1,651,000 after purchasing an additional 2,787 shares during the last quarter. Apriem Advisors grew its holdings in Cadeler A/S by 3.5% during the fourth quarter. Apriem Advisors now owns 15,000 shares of the company's stock worth $335,000 after purchasing an additional 512 shares during the period. Finally, SG Americas Securities LLC acquired a new position in Cadeler A/S during the fourth quarter worth approximately $2,603,000. Institutional investors own 53.03% of the company's stock.

Cadeler A/S Stock Performance

Shares of NYSE CDLR traded up $0.91 during midday trading on Friday, hitting $21.82. 51,622 shares of the company's stock were exchanged, compared to its average volume of 62,348. Cadeler A/S has a 12 month low of $17.37 and a 12 month high of $28.75. The company's 50 day moving average price is $19.64 and its 200 day moving average price is $21.70. The company has a quick ratio of 1.81, a current ratio of 1.82 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $1.91 billion, a PE ratio of 26.61 and a beta of 0.52.

Cadeler A/S (NYSE:CDLR - Get Free Report) last posted its earnings results on Tuesday, March 25th. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.34 by $0.13. The firm had revenue of $88.65 million during the quarter, compared to analyst estimates of $82.84 million. As a group, analysts predict that Cadeler A/S will post 0.69 earnings per share for the current fiscal year.

About Cadeler A/S

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.