Valueworks LLC Increases Holdings in 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 boosted its holdings in Cadeler A/S Sponsored ADR (NYSE:CDLR - Free Report) by 22.1% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 532,438 shares of the company's stock after acquiring an additional 96,508 shares during the quarter. Cadeler A/S accounts for about 3.9% of Valueworks LLC's investment portfolio, making the stock its 10th largest position. Valueworks LLC owned 0.61% of Cadeler A/S worth $10,468,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Rhumbline Advisers increased 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 worth $43,000 after acquiring an additional 675 shares during the last quarter. GAMMA Investing LLC increased its stake 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 acquiring an additional 6,701 shares during the last quarter. Stifel Financial Corp increased its stake 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 acquiring an additional 3,284 shares during the last quarter. NBC Securities Inc. increased its stake 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 acquiring an additional 38,721 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in 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 acquiring an additional 48,520 shares during the last quarter. 53.03% of the stock is currently owned by institutional investors.

Cadeler A/S Price Performance

Shares of NYSE CDLR opened at $22.53 on Friday. The firm has a market capitalization of $1.98 billion, a P/E ratio of 27.48 and a beta of 0.29. 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 simple moving average is $20.85 and its two-hundred day simple moving average is $20.20. Cadeler A/S Sponsored ADR has a twelve month low of $17.36 and a twelve month high of $28.75.

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.

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