NBC Securities Inc. Has $761,000 Stock Holdings in Cadeler A/S (NYSE:CDLR)

NBC Securities Inc. boosted its stake in Cadeler A/S (NYSE:CDLR - Free Report) by 148,926.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 38,747 shares of the company's stock after acquiring an additional 38,721 shares during the period. NBC Securities Inc.'s holdings in Cadeler A/S were worth $761,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Marshall Wace LLP acquired a new position in shares of Cadeler A/S during the fourth quarter worth about $1,438,000. Bank of America Corp DE boosted its position in Cadeler A/S by 866.6% during the fourth quarter. Bank of America Corp DE now owns 54,119 shares of the company's stock worth $1,208,000 after acquiring an additional 48,520 shares during the last quarter. OLD Mission Capital LLC acquired a new stake in Cadeler A/S during the fourth quarter worth approximately $435,000. AYAL Capital Advisors Ltd boosted its position in Cadeler A/S by 9.9% during the fourth quarter. AYAL Capital Advisors Ltd now owns 110,455 shares of the company's stock worth $2,466,000 after acquiring an additional 9,989 shares during the last quarter. Finally, Brightline Capital Management LLC boosted its holdings in shares of Cadeler A/S by 1.2% in 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. 53.03% of the stock is owned by hedge funds and other institutional investors.

Cadeler A/S Stock Up 2.0%

Shares of NYSE:CDLR traded up $0.41 during midday trading on Thursday, hitting $21.07. 52,127 shares of the company's stock traded hands, compared to its average volume of 48,172. Cadeler A/S has a twelve month low of $17.37 and a twelve month high of $28.75. The company has a market cap of $1.85 billion, a PE ratio of 25.70 and a beta of 0.33. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.81 and a current ratio of 1.82. The firm's fifty day moving average price is $19.95 and its two-hundred day moving average price is $20.80.

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 company had revenue of $88.65 million for the quarter, compared to the consensus estimate of $82.84 million. On average, equities research 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.