Valueworks LLC Decreases Stock Holdings in Cadeler A/S (NYSE:CDLR)

Valueworks LLC reduced its stake in shares of Cadeler A/S (NYSE:CDLR - Free Report) by 7.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 435,930 shares of the company's stock after selling 34,258 shares during the period. Cadeler A/S makes up approximately 3.2% of Valueworks LLC's portfolio, making the stock its 13th biggest holding. Valueworks LLC owned 0.50% of Cadeler A/S worth $9,734,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Apriem Advisors grew its position in shares of Cadeler A/S by 3.5% during the 4th quarter. Apriem Advisors now owns 15,000 shares of the company's stock valued at $335,000 after acquiring an additional 512 shares during the period. Stifel Financial Corp boosted its holdings 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 buying an additional 3,284 shares during the last quarter. OLD Mission Capital LLC acquired a new stake in Cadeler A/S in the 4th quarter worth about $435,000. Bank of America Corp DE boosted its holdings 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 buying an additional 48,520 shares during the last quarter. Finally, Marshall Wace LLP acquired a new stake in Cadeler A/S in the 4th quarter worth about $1,438,000. 53.03% of the stock is owned by institutional investors and hedge funds.

Cadeler A/S Price Performance

CDLR stock traded up $0.84 during trading on Friday, hitting $19.76. The stock had a trading volume of 43,948 shares, compared to its average volume of 50,578. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.82 and a quick ratio of 1.81. Cadeler A/S has a twelve month low of $17.37 and a twelve month high of $28.75. The stock has a market capitalization of $1.73 billion, a P/E ratio of 24.10 and a beta of 0.52. The company's 50-day moving average price is $20.04 and its two-hundred day moving average price is $21.03.

Cadeler A/S (NYSE:CDLR - Get Free Report) last posted its quarterly earnings data on Tuesday, March 25th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.13. The firm had revenue of $88.65 million during the quarter, compared to analyst estimates of $82.84 million. As a group, research analysts predict that Cadeler A/S 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.