BNP Paribas Financial Markets Purchases Shares of 8,794 Cadeler A/S (NYSE:CDLR)

BNP Paribas Financial Markets acquired a new position in Cadeler A/S (NYSE:CDLR) during the third quarter, according to its most recent 13F filing with the SEC. The firm acquired 8,794 shares of the company’s stock, valued at approximately $248,000.

A number of other large investors also recently modified their holdings of the company. Trium Capital LLP boosted its position in 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 period. Summit Securities Group LLC lifted its stake in shares of 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 purchasing an additional 11,031 shares in the last quarter. Price Jennifer C. purchased a new stake in shares of Cadeler A/S in the second quarter worth about $1,955,000. Finally, Encompass Capital Advisors LLC raised its holdings in shares of Cadeler A/S by 1.2% during the 2nd quarter. Encompass Capital Advisors LLC now owns 1,015,310 shares of the company’s stock valued at $25,413,000 after buying an additional 11,638 shares during the period. 53.03% of the stock is currently owned by hedge funds and other institutional investors.

Cadeler A/S Stock Performance

NYSE CDLR opened at $22.75 on Tuesday. The business has a 50 day moving average price of $25.42 and a two-hundred day moving average price of $25.57. Cadeler A/S has a fifty-two week low of $16.29 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 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.