TT International Asset Management LTD Lowers Holdings in Cadeler A/S (NYSE:CDLR)

TT International Asset Management LTD trimmed its position in Cadeler A/S (NYSE:CDLR) by 4.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 236,396 shares of the company’s stock after selling 9,777 shares during the period. Cadeler A/S makes up about 0.8% of TT International Asset Management LTD’s holdings, making the stock its 18th biggest position. TT International Asset Management LTD owned approximately 0.27% of Cadeler A/S worth $5,278,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CDLR. Price Jennifer C. purchased a new position in Cadeler A/S in the 2nd quarter valued at $1,955,000. Yaupon Capital Management LP grew its position in Cadeler A/S by 61.0% in the 3rd quarter. Yaupon Capital Management LP now owns 114,641 shares of the company’s stock valued at $3,231,000 after buying an additional 43,435 shares during the last quarter. Encompass Capital Advisors LLC lifted its holdings in Cadeler A/S by 1.2% in the second quarter. Encompass Capital Advisors LLC now owns 1,015,310 shares of the company’s stock valued at $25,413,000 after acquiring an additional 11,638 shares during the period. JPMorgan Chase & Co. lifted its holdings in Cadeler A/S by 19.2% in the third quarter. JPMorgan Chase & Co. now owns 71,171 shares of the company’s stock valued at $2,006,000 after acquiring an additional 11,483 shares during the period. Finally, BNP Paribas Financial Markets acquired a new stake in Cadeler A/S in the third quarter valued at $248,000. 53.03% of the stock is currently owned by hedge funds and other institutional investors.

Cadeler A/S Trading Down 3.5 %

Shares of CDLR stock opened at $21.67 on Monday. The firm has a 50-day moving average price of $23.58 and a 200 day moving average price of $25.34. Cadeler A/S has a twelve month low of $16.29 and a twelve month high of $28.75. 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 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.