Cadeler A/S (NYSE:CDLR) Shares Acquired by Franklin Resources Inc.

Franklin Resources Inc. increased its holdings in shares of Cadeler A/S (NYSE:CDLR) by 1.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 219,296 shares of the company’s stock after acquiring an additional 4,000 shares during the quarter. Franklin Resources Inc.’s holdings in Cadeler A/S were worth $6,199,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CDLR. BNP Paribas Financial Markets purchased a new position in Cadeler A/S in the 3rd quarter worth approximately $248,000. Trium Capital LLP lifted its position in Cadeler A/S by 39.5% during the second quarter. Trium Capital LLP now owns 16,363 shares of the company’s stock worth $410,000 after buying an additional 4,636 shares in the last quarter. Price Jennifer C. acquired a new position in Cadeler A/S during the second quarter worth $1,955,000. Yaupon Capital Management LP grew its holdings in Cadeler A/S by 61.0% in the 3rd quarter. Yaupon Capital Management LP now owns 114,641 shares of the company’s stock valued at $3,231,000 after buying an additional 43,435 shares in the last quarter. Finally, TT International Asset Management LTD increased its stake in shares of Cadeler A/S by 71.6% in the 3rd quarter. TT International Asset Management LTD now owns 246,173 shares of the company’s stock worth $6,937,000 after acquiring an additional 102,712 shares during the last quarter. Hedge funds and other institutional investors own 53.03% of the company’s stock.

Cadeler A/S Trading Up 3.0 %

Shares of CDLR stock opened at $22.41 on Monday. 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 has a twelve month low of $16.29 and a twelve month high of $28.75. The company’s 50-day moving average price is $24.95 and its 200-day moving average price is $25.50.

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.