Trium Capital LLP Decreases Stake in Cadeler A/S (NYSE:CDLR)

Trium Capital LLP reduced its stake in shares of Cadeler A/S (NYSE:CDLR) by 2.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,951 shares of the company’s stock after selling 412 shares during the period. Trium Capital LLP’s holdings in Cadeler A/S were worth $449,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in CDLR. Summit Securities Group LLC lifted its holdings in shares of Cadeler A/S by 129.0% in the 2nd quarter. Summit Securities Group LLC now owns 19,584 shares of the company’s stock valued at $490,000 after buying an additional 11,031 shares during the period. Price Jennifer C. purchased a new stake in Cadeler A/S in the 2nd quarter worth approximately $1,955,000. Lighthouse Investment Partners LLC acquired a new stake in shares of Cadeler A/S during the 4th quarter worth approximately $3,021,000. Janus Henderson Group PLC increased its holdings in shares of Cadeler A/S by 107.3% during the 1st quarter. Janus Henderson Group PLC now owns 792,218 shares of the company’s stock valued at $14,371,000 after purchasing an additional 410,148 shares in the last quarter. Finally, Encompass Capital Advisors LLC lifted its stake 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 during the period. Hedge funds and other institutional investors own 53.03% of the company’s stock.

Cadeler A/S Stock Up 0.8 %

Shares of NYSE:CDLR opened at $28.41 on Tuesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.29 and a quick ratio of 2.28. The business has a 50-day moving average price of $26.28 and a 200 day moving average price of $23.41. Cadeler A/S has a 12-month low of $16.29 and a 12-month high of $28.75.

Cadeler A/S (NYSE:CDLR) last released its quarterly earnings results on Tuesday, August 27th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.03). The firm had revenue of $67.98 million during the quarter, compared to analyst estimates of $73.00 million. As a group, analysts expect that Cadeler A/S will post 0.66 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus lifted their price target on Cadeler A/S from $34.00 to $37.00 and gave the company a “buy” rating in a research note on Monday, June 24th.

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.