Optiver Holding B.V. Cuts Stock Holdings in Cadeler A/S Sponsored ADR $CDLR

Optiver Holding B.V. cut its holdings in Cadeler A/S Sponsored ADR (NYSE:CDLR) by 61.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,391 shares of the company’s stock after selling 83,107 shares during the period. Optiver Holding B.V.’s holdings in Cadeler A/S were worth $1,209,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in CDLR. Renaissance Technologies LLC purchased a new stake in shares of Cadeler A/S during the 1st quarter valued at approximately $271,000. Cetera Investment Advisers boosted its stake in Cadeler A/S by 25.4% during the first quarter. Cetera Investment Advisers now owns 33,250 shares of the company’s stock valued at $782,000 after buying an additional 6,741 shares during the period. QRG Capital Management Inc. purchased a new position in shares of Cadeler A/S during the first quarter worth about $243,000. Blue Trust Inc. bought a new position in shares of Cadeler A/S in the 1st quarter worth $42,000. Finally, Invesco Ltd. raised its position in Cadeler A/S by 50.0% during the fourth quarter. Invesco Ltd. now owns 644,239 shares of the company’s stock valued at $11,976,000 after purchasing an additional 214,683 shares in the last quarter. Hedge funds and other institutional investors own 53.03% of the company’s stock.

Cadeler A/S Stock Up 0.1%

NYSE CDLR opened at $22.70 on Friday. The stock’s 50 day moving average is $23.05 and its 200 day moving average is $24.35. Cadeler A/S Sponsored ADR has a 12 month low of $15.37 and a 12 month high of $30.01. The stock has a market cap of $2.19 billion, a PE ratio of 6.54 and a beta of 0.68. The company has a current ratio of 1.31, a quick ratio of 1.29 and a debt-to-equity ratio of 0.87.

Cadeler A/S (NYSE:CDLR) last released its earnings results on Wednesday, May 20th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.24). The business had revenue of $144.38 million for the quarter, compared to the consensus estimate of $174.30 million. Cadeler A/S had a net margin of 39.61% and a return on equity of 18.00%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on CDLR shares. Wall Street Zen cut Cadeler A/S from a “hold” rating to a “sell” rating in a report on Sunday, July 5th. Weiss Ratings lowered Cadeler A/S from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 21st. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Cadeler A/S Company Profile

Cadeler A/S is a Denmark-based specialist in offshore wind turbine installation and related services. The company operates a fleet of dynamically positioned (DP3) self-propelled jack-up vessels designed for the transportation, installation and commissioning of foundation structures, turbine towers, nacelles and blades. Cadeler’s capabilities encompass project planning, logistics coordination and offshore operations, enabling wind farm developers to deploy large-scale turbines in challenging marine environments.

The company’s two flagship vessels, Wind Orca and Wind Osprey, are equipped to work in water depths of up to 70 meters and to handle the installation of next-generation turbines.