BNP Paribas Financial Markets Makes New $248,000 Investment in Cadeler A/S (NYSE:CDLR)

BNP Paribas Financial Markets bought a new stake in Cadeler A/S (NYSE:CDLR) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,794 shares of the company’s stock, valued at approximately $248,000.

A number of other hedge funds have also made changes to their positions in the company. Trium Capital LLP raised its position in shares of Cadeler A/S by 39.5% during the 2nd quarter. Trium Capital LLP now owns 16,363 shares of the company’s stock worth $410,000 after purchasing an additional 4,636 shares during the last quarter. Summit Securities Group LLC increased its position in Cadeler A/S by 129.0% during the second quarter. Summit Securities Group LLC now owns 19,584 shares of the company’s stock worth $490,000 after buying an additional 11,031 shares in the last quarter. Price Jennifer C. acquired a new position in shares of Cadeler A/S in the second quarter worth $1,955,000. Finally, Encompass Capital Advisors LLC lifted its position in shares of 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 in the last quarter. Hedge funds and other institutional investors own 53.03% of the company’s stock.

Cadeler A/S Trading Down 1.4 %

CDLR opened at $22.75 on Tuesday. The business’s fifty day simple moving average is $25.42 and its 200 day simple moving average is $25.57. Cadeler A/S has a 52 week low of $16.29 and a 52 week high of $28.75. The company has a quick ratio of 1.81, a current ratio of 1.82 and a debt-to-equity ratio of 0.49.

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.