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

TT International Asset Management LTD decreased its holdings in Cadeler A/S (NYSE:CDLR) by 4.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 236,396 shares of the company’s stock after selling 9,777 shares during the period. Cadeler A/S makes up approximately 0.8% of TT International Asset Management LTD’s portfolio, making the stock its 18th biggest position. TT International Asset Management LTD’s holdings in Cadeler A/S were worth $5,278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. GAMMA Investing LLC purchased a new stake in shares of Cadeler A/S during the 4th quarter worth about $52,000. Franklin Resources Inc. raised its position in shares of Cadeler A/S by 1.9% in the 3rd quarter. Franklin Resources Inc. now owns 219,296 shares of the company’s stock valued at $6,199,000 after purchasing an additional 4,000 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in shares of Cadeler A/S in the 3rd quarter valued at approximately $248,000. JPMorgan Chase & Co. raised its position in shares of Cadeler A/S by 19.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 71,171 shares of the company’s stock valued at $2,006,000 after purchasing an additional 11,483 shares in the last quarter. Finally, Encompass Capital Advisors LLC raised its position in shares of Cadeler A/S by 1.2% in the 2nd quarter. Encompass Capital Advisors LLC now owns 1,015,310 shares of the company’s stock valued at $25,413,000 after purchasing an additional 11,638 shares in the last quarter. Hedge funds and other institutional investors own 53.03% of the company’s stock.

Cadeler A/S Stock Down 3.5 %

CDLR stock opened at $21.67 on Monday. 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 12-month low of $16.29 and a 12-month high of $28.75. The stock’s 50 day simple moving average is $23.58 and its 200 day simple moving average is $25.34.

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.