Segantii Capital Management Ltd Takes $9.24 Million Position in Cadeler A/S (NYSE:CDLR)

Segantii Capital Management Ltd acquired a new position in shares of Cadeler A/S (NYSE:CDLR - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 500,000 shares of the company's stock, valued at approximately $9,241,000. Segantii Capital Management Ltd owned approximately 0.61% of Cadeler A/S at the end of the most recent reporting period.

Separately, F M Investments LLC bought a new position in shares of Cadeler A/S in the fourth quarter valued at $5,331,000. Institutional investors own 53.03% of the company's stock.

Cadeler A/S Trading Down 0.9 %

Shares of NYSE:CDLR traded down $0.17 during midday trading on Thursday, hitting $19.43. 189,989 shares of the company's stock were exchanged, compared to its average volume of 120,949. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.75 and a quick ratio of 2.72. The business's 50 day moving average price is $18.15. Cadeler A/S has a 12 month low of $16.29 and a 12 month high of $20.19.

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 maintenance, construction, 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.