Trium Capital LLP Acquires 4,636 Shares of Cadeler A/S (NYSE:CDLR)

Trium Capital LLP increased its holdings in Cadeler A/S (NYSE:CDLR) by 39.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,363 shares of the company’s stock after buying an additional 4,636 shares during the period. Trium Capital LLP’s holdings in Cadeler A/S were worth $410,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of CDLR. NBC Securities Inc. bought a new position in Cadeler A/S in the fourth quarter worth about $331,000. Cowen AND Company LLC purchased a new position in Cadeler A/S in the fourth quarter worth $1,566,000. Norges Bank acquired a new position in shares of Cadeler A/S during the fourth quarter worth $15,681,000. Franklin Resources Inc. purchased a new stake in shares of Cadeler A/S during the 4th quarter valued at $4,318,000. Finally, Privium Fund Management UK Ltd acquired a new stake in shares of Cadeler A/S in the 4th quarter worth $1,337,000. Institutional investors own 53.03% of the company’s stock.

Cadeler A/S Stock Performance

CDLR opened at $24.48 on Monday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.28 and a current ratio of 2.29. The firm’s 50-day moving average price is $25.66 and its 200-day moving average price is $22.03. Cadeler A/S has a 52-week low of $16.29 and a 52-week high of $27.32.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus upped their target price on Cadeler A/S from $34.00 to $37.00 and gave the company a “buy” rating in a research report on Monday, June 24th.

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.