Valueworks LLC Sells 34,258 Shares of Cadeler A/S (NYSE:CDLR)

Valueworks LLC lowered its holdings in shares of Cadeler A/S (NYSE:CDLR) by 7.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 435,930 shares of the company’s stock after selling 34,258 shares during the quarter. Cadeler A/S accounts for about 3.2% of Valueworks LLC’s portfolio, making the stock its 13th largest position. Valueworks LLC owned about 0.50% of Cadeler A/S worth $9,734,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Apriem Advisors boosted its stake in shares of Cadeler A/S by 3.5% during the 4th quarter. Apriem Advisors now owns 15,000 shares of the company’s stock worth $335,000 after purchasing an additional 512 shares during the period. JPMorgan Chase & Co. increased its stake in Cadeler A/S by 3.9% in the 4th quarter. JPMorgan Chase & Co. now owns 73,958 shares of the company’s stock worth $1,651,000 after buying an additional 2,787 shares during the period. Stifel Financial Corp increased its stake in Cadeler A/S by 27.7% in the 4th quarter. Stifel Financial Corp now owns 15,130 shares of the company’s stock worth $338,000 after buying an additional 3,284 shares during the period. Brightline Capital Management LLC increased its stake in Cadeler A/S by 1.2% in the 4th quarter. Brightline Capital Management LLC now owns 659,000 shares of the company’s stock worth $14,715,000 after buying an additional 8,000 shares during the period. Finally, AYAL Capital Advisors Ltd increased its stake in Cadeler A/S by 9.9% in the 4th quarter. AYAL Capital Advisors Ltd now owns 110,455 shares of the company’s stock worth $2,466,000 after buying an additional 9,989 shares during the period. Institutional investors own 53.03% of the company’s stock.

Cadeler A/S Trading Down 0.9%

CDLR stock opened at $19.56 on Tuesday. The company has a market capitalization of $1.72 billion, a PE ratio of 23.85 and a beta of 0.52. Cadeler A/S has a 12 month low of $17.37 and a 12 month high of $28.75. The firm’s 50-day moving average is $20.04 and its 200 day moving average is $21.18. 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 (NYSE:CDLR) last posted its earnings results on Tuesday, March 25th. The company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.13. The business had revenue of $88.65 million for the quarter, compared to analysts’ expectations of $82.84 million. On average, research analysts anticipate that Cadeler A/S will post 0.69 EPS for the current year.

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.