Valueworks LLC Buys 96,508 Shares of Cadeler A/S Sponsored ADR $CDLR

Key Points

• Valueworks LLC increased its holdings in Cadeler A/S by 22.1% during Q1, now owning 532,438 shares which represents about 3.9% of its investment portfolio.
• Other institutional investors, including Rhumbline Advisers and Bank of America Corp DE, also raised their stakes in Cadeler A/S significantly, reflecting increased institutional interest.
• As of the latest figures, Cadeler A/S has a market capitalization of $1.98 billion and its stock has a twelve-month high of $28.75 and a low of $17.36.

Valueworks LLC lifted its stake in shares of Cadeler A/S Sponsored ADR (NYSE:CDLR - Free Report) by 22.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 532,438 shares of the company's stock after acquiring an additional 96,508 shares during the quarter. Cadeler A/S makes up approximately 3.9% of Valueworks LLC's holdings, making the stock its 10th biggest holding. Valueworks LLC owned about 0.61% of Cadeler A/S worth $10,468,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Rhumbline Advisers lifted its stake in shares of Cadeler A/S by 45.2% during 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 last quarter. JPMorgan Chase & Co. boosted its position in Cadeler A/S by 3.9% in the fourth quarter. JPMorgan Chase & Co. now owns 73,958 shares of the company's stock valued at $1,651,000 after buying an additional 2,787 shares during the last quarter. Stifel Financial Corp lifted its position in Cadeler A/S by 27.7% during the fourth quarter. Stifel Financial Corp now owns 15,130 shares of the company's stock valued at $338,000 after purchasing an additional 3,284 shares during the period. GAMMA Investing LLC boosted its stake 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 worth $177,000 after acquiring an additional 6,701 shares in the last quarter. Finally, AYAL Capital Advisors Ltd grew its holdings in Cadeler A/S by 9.9% in the fourth quarter. AYAL Capital Advisors Ltd now owns 110,455 shares of the company's stock valued at $2,466,000 after purchasing an additional 9,989 shares during the period. 53.03% of the stock is currently owned by institutional investors.

Cadeler A/S Price Performance

Shares of CDLR traded down $0.01 during mid-day trading on Thursday, hitting $21.14. 22,769 shares of the company were exchanged, compared to its average volume of 56,806. The stock has a market cap of $1.85 billion, a price-to-earnings ratio of 25.78 and a beta of 0.29. The company has a 50 day moving average of $20.86 and a 200-day moving average of $20.21. Cadeler A/S Sponsored ADR has a 1-year low of $17.36 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 quarterly earnings results on Tuesday, August 26th. The company reported $2.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.61 by $1.51. The firm had revenue of $136.09 million for the quarter, compared to analyst estimates of $128.33 million. Cadeler A/S had a return on equity of 20.17% and a net margin of 50.69%. Analysts expect that Cadeler A/S Sponsored ADR 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.