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

TT International Asset Management LTD grew its stake in shares of Cadeler A/S Sponsored ADR (NYSE:CDLR - Free Report) by 5.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 250,202 shares of the company's stock after buying an additional 13,806 shares during the quarter. Cadeler A/S accounts for 0.7% of TT International Asset Management LTD's investment portfolio, making the stock its 20th biggest position. TT International Asset Management LTD owned 0.29% of Cadeler A/S worth $4,919,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Rhumbline Advisers raised its position in Cadeler A/S by 45.2% in the 1st quarter. Rhumbline Advisers now owns 2,167 shares of the company's stock worth $43,000 after purchasing an additional 675 shares during the period. GAMMA Investing LLC raised its position in Cadeler A/S by 288.5% in the 1st quarter. GAMMA Investing LLC now owns 9,024 shares of the company's stock worth $177,000 after purchasing an additional 6,701 shares during the period. Apriem Advisors raised its position in Cadeler A/S by 3.5% in the 4th 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. Stifel Financial Corp raised its position in Cadeler A/S by 27.7% in the 4th quarter. Stifel Financial Corp now owns 15,130 shares of the company's stock worth $338,000 after purchasing an additional 3,284 shares during the period. Finally, OLD Mission Capital LLC purchased a new position in Cadeler A/S in the 4th quarter worth $435,000. Hedge funds and other institutional investors own 53.03% of the company's stock.

Cadeler A/S Trading Down 1.8%

NYSE:CDLR traded down $0.38 during trading hours on Friday, reaching $20.86. The company's stock had a trading volume of 83,628 shares, compared to its average volume of 47,541. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of 25.44 and a beta of 0.33. The firm has a 50-day simple moving average of $20.51 and a 200-day simple moving average of $20.54. 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 debt-to-equity ratio of 0.82, a quick ratio of 1.17 and a current ratio of 1.19.

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 analysts' consensus estimates of $0.34 by $0.13. The company had revenue of $88.65 million for the quarter, compared to analysts' expectations of $82.84 million. Cadeler A/S had a net margin of 29.82% and a return on equity of 7.40%. Research analysts expect that Cadeler A/S Sponsored ADR will post 0.69 EPS for the current fiscal 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.