Cadeler A/S Sponsored ADR $CDLR Shares Acquired by Yaupon Capital Management LP

Key Points

• Yaupon Capital Management LP increased its stake in Cadeler A/S by 17.7% in the 1st quarter, owning approximately 134,950 shares, valued at $2.65 million.
• Several institutional investors, including NBC Securities Inc. and Bank of America Corp DE, significantly boosted their holdings in Cadeler A/S, showing strong interest in the company.
• Wall Street Zen upgraded Cadeler A/S from a "hold" to a "buy" rating as analysts anticipate positive earnings performance for the company.

Yaupon Capital Management LP lifted its holdings in Cadeler A/S Sponsored ADR (NYSE:CDLR - Free Report) by 17.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 134,950 shares of the company's stock after buying an additional 20,309 shares during the period. Yaupon Capital Management LP owned approximately 0.15% of Cadeler A/S worth $2,653,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Valueworks LLC raised its stake in Cadeler A/S by 22.1% during the first quarter. Valueworks LLC now owns 532,438 shares of the company's stock worth $10,468,000 after purchasing an additional 96,508 shares during the period. Bank of America Corp DE raised its stake in Cadeler A/S by 866.6% during the fourth quarter. Bank of America Corp DE now owns 54,119 shares of the company's stock worth $1,208,000 after purchasing an additional 48,520 shares during the period. NBC Securities Inc. raised its stake in Cadeler A/S by 148,926.9% during the first quarter. NBC Securities Inc. now owns 38,747 shares of the company's stock worth $761,000 after purchasing an additional 38,721 shares during the period. TT International Asset Management LTD raised its stake in Cadeler A/S by 5.8% during the first quarter. TT International Asset Management LTD now owns 250,202 shares of the company's stock worth $4,919,000 after purchasing an additional 13,806 shares during the period. Finally, GAMMA Investing LLC raised its stake in Cadeler A/S by 288.5% during the first 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. 53.03% of the stock is owned by hedge funds and other institutional investors.

Cadeler A/S Stock Down 1.7%

Shares of CDLR stock traded down $0.36 during trading on Friday, reaching $21.20. The company's stock had a trading volume of 19,106 shares, compared to its average volume of 47,189. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.99 and a quick ratio of 0.98. The company has a market capitalization of $1.86 billion, a price-to-earnings ratio of 7.11 and a beta of 0.28. The stock's 50-day moving average price is $20.98 and its 200 day moving average price is $20.38. Cadeler A/S Sponsored ADR has a 1-year low of $17.36 and a 1-year high of $28.75.

Cadeler A/S (NYSE:CDLR - Get Free Report) last announced its quarterly earnings data on Tuesday, August 26th. The company reported $2.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.61 by $1.51. Cadeler A/S had a net margin of 50.69% and a return on equity of 19.18%. The firm had revenue of $136.09 million during the quarter, compared to analysts' expectations of $128.33 million. On average, research analysts anticipate that Cadeler A/S Sponsored ADR will post 0.69 EPS for the current year.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Cadeler A/S from a "hold" rating to a "buy" rating in a research note on Saturday, August 30th.

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.