64,409 Shares in Cadeler A/S (NYSE:CDLR) Bought by Marshall Wace LLP

Marshall Wace LLP purchased a new stake in Cadeler A/S (NYSE:CDLR - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor 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 hedge funds and other institutional investors also recently bought and sold shares of the company. Franklin Resources Inc. grew its position in Cadeler A/S by 1.9% during the third quarter. Franklin Resources Inc. now owns 219,296 shares of the company's stock worth $6,199,000 after buying an additional 4,000 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Cadeler A/S by 19.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 71,171 shares of the company's stock worth $2,006,000 after purchasing an additional 11,483 shares in the last quarter. GAMMA Investing LLC bought a new stake in shares of Cadeler A/S during the fourth quarter valued at approximately $52,000. SG Americas Securities LLC acquired a new position in shares of Cadeler A/S in the fourth quarter valued at $2,603,000. Finally, Apriem Advisors lifted its position in Cadeler A/S by 3.5% in 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. 53.03% of the stock is currently owned by institutional investors and hedge funds.

Cadeler A/S Trading Up 0.2 %

Shares of Cadeler A/S stock opened at $20.53 on Tuesday. Cadeler A/S has a 52-week low of $17.37 and a 52-week high of $28.75. The firm has a market capitalization of $1.80 billion, a PE ratio of 25.04 and a beta of 0.59. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.82 and a quick ratio of 1.81. The company's fifty day moving average price is $19.44 and its two-hundred day moving average price is $21.88.

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

Cadeler A/S 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.

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