Stifel Financial Corp Buys 3,284 Shares of Cadeler A/S (NYSE:CDLR)

Stifel Financial Corp increased its holdings in shares of Cadeler A/S (NYSE:CDLR) by 27.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,130 shares of the company’s stock after acquiring an additional 3,284 shares during the period. Stifel Financial Corp’s holdings in Cadeler A/S were worth $338,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Brightline Capital Management LLC lifted its stake in shares of Cadeler A/S by 1.2% in the 4th quarter. Brightline Capital Management LLC now owns 659,000 shares of the company’s stock valued at $14,715,000 after purchasing an additional 8,000 shares during the period. Franklin Resources Inc. lifted its position in Cadeler A/S by 1.9% during the third quarter. Franklin Resources Inc. now owns 219,296 shares of the company’s stock worth $6,199,000 after acquiring an additional 4,000 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Cadeler A/S in the fourth quarter valued at approximately $2,603,000. JPMorgan Chase & Co. increased its stake in Cadeler A/S by 3.9% in the fourth quarter. JPMorgan Chase & Co. now owns 73,958 shares of the company’s stock valued at $1,651,000 after acquiring an additional 2,787 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of Cadeler A/S during the fourth quarter worth $1,438,000. Institutional investors and hedge funds own 53.03% of the company’s stock.

Cadeler A/S Stock Performance

NYSE CDLR opened at $20.44 on Wednesday. The firm’s fifty day moving average price is $19.96 and its two-hundred day moving average price is $21.42. The stock has a market cap of $1.79 billion, a PE ratio of 24.93 and a beta of 0.52. Cadeler A/S has a fifty-two week low of $17.37 and a fifty-two week high of $28.75. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.81 and a current ratio of 1.82.

Cadeler A/S (NYSE:CDLR) last issued its quarterly earnings data on Tuesday, March 25th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.13. The business had revenue of $88.65 million during the quarter, compared to the consensus estimate of $82.84 million. On average, equities analysts expect that Cadeler A/S will post 0.69 EPS for the current fiscal 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.