Dimensional Fund Advisors LP Sells 41,393 Shares of Cadeler A/S (NYSE:CDLR)

Dimensional Fund Advisors LP lowered its stake in shares of Cadeler A/S (NYSE:CDLR - Free Report) by 7.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 498,677 shares of the company's stock after selling 41,393 shares during the period. Dimensional Fund Advisors LP owned 0.57% of Cadeler A/S worth $11,136,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. SG Americas Securities LLC purchased a new stake in shares of Cadeler A/S in the fourth quarter worth about $2,603,000. Marshall Wace LLP bought a new stake in Cadeler A/S in the fourth quarter worth $1,438,000. OLD Mission Capital LLC bought a new stake in Cadeler A/S during the fourth quarter worth approximately $435,000. JPMorgan Chase & Co. lifted its stake in shares of Cadeler A/S by 19.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 71,171 shares of the company's stock valued at $2,006,000 after purchasing an additional 11,483 shares during the last quarter. Finally, Brightline Capital Management LLC increased its position in shares of Cadeler A/S by 1.2% during the 4th quarter. Brightline Capital Management LLC now owns 659,000 shares of the company's stock valued at $14,715,000 after purchasing an additional 8,000 shares during the last quarter. Institutional investors own 53.03% of the company's stock.

Cadeler A/S Trading Down 4.0%

CDLR traded down $0.80 during trading on Thursday, reaching $19.33. The company had a trading volume of 16,879 shares, compared to its average volume of 55,940. 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 business has a 50 day simple moving average of $20.00 and a 200-day simple moving average of $21.41. The stock has a market cap of $1.70 billion, a P/E ratio of 23.56 and a beta of 0.52. Cadeler A/S has a 52 week low of $17.37 and a 52 week high of $28.75.

Cadeler A/S (NYSE:CDLR - Get Free Report) last released its quarterly earnings results on Tuesday, March 25th. The company reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.34 by $0.13. The firm had revenue of $88.65 million for the quarter, compared to analysts' expectations of $82.84 million. On average, equities analysts anticipate that Cadeler A/S will post 0.69 EPS 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.