TT International Asset Management LTD Raises Stock Position in Cadeler A/S Sponsored ADR (NYSE:CDLR)

TT International Asset Management LTD grew its position in shares of Cadeler A/S Sponsored ADR (NYSE:CDLR - Free Report) by 5.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 250,202 shares of the company's stock after acquiring an additional 13,806 shares during the quarter. Cadeler A/S accounts for approximately 0.7% of TT International Asset Management LTD's portfolio, making the stock its 20th largest holding. TT International Asset Management LTD owned about 0.29% of Cadeler A/S worth $4,919,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. NBC Securities Inc. grew its position in Cadeler A/S by 148,926.9% in the 1st quarter. NBC Securities Inc. now owns 38,747 shares of the company's stock worth $761,000 after purchasing an additional 38,721 shares in the last quarter. Rhumbline Advisers grew its stake in Cadeler A/S by 45.2% in the 1st quarter. Rhumbline Advisers now owns 2,167 shares of the company's stock valued at $43,000 after purchasing an additional 675 shares during the period. GAMMA Investing LLC increased its position in shares of Cadeler A/S by 288.5% during the 1st quarter. GAMMA Investing LLC now owns 9,024 shares of the company's stock valued at $177,000 after purchasing an additional 6,701 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Cadeler A/S by 866.6% in the 4th quarter. Bank of America Corp DE now owns 54,119 shares of the company's stock worth $1,208,000 after buying an additional 48,520 shares during the last quarter. Finally, AYAL Capital Advisors Ltd grew 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 valued at $2,466,000 after buying an additional 9,989 shares during the period. 53.03% of the stock is owned by hedge funds and other institutional investors.

Cadeler A/S Stock Performance

Cadeler A/S stock traded up $0.35 during trading on Tuesday, hitting $21.30. The stock had a trading volume of 99,156 shares, compared to its average volume of 47,059. Cadeler A/S Sponsored ADR has a 1 year low of $17.37 and a 1 year high of $28.75. The company has a quick ratio of 1.17, a current ratio of 1.19 and a debt-to-equity ratio of 0.82. The stock's 50 day moving average is $20.52 and its two-hundred day moving average is $20.51. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 25.98 and a beta of 0.33.

Cadeler A/S (NYSE:CDLR - Get Free Report) last issued its earnings results on Tuesday, March 25th. The company reported $0.47 EPS for the quarter, topping the consensus estimate 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. Cadeler A/S had a return on equity of 7.40% and a net margin of 29.82%. As a group, analysts predict that Cadeler A/S Sponsored ADR will post 0.69 EPS for the current year.

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.