Cadeler A/S (NYSE:CDLR) Stock Position Raised by Yaupon Capital Management LP

Yaupon Capital Management LP raised its holdings in shares of Cadeler A/S (NYSE:CDLR) by 61.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 114,641 shares of the company’s stock after purchasing an additional 43,435 shares during the period. Yaupon Capital Management LP’s holdings in Cadeler A/S were worth $3,231,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Trium Capital LLP boosted its holdings in shares of 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 buying an additional 4,636 shares during the period. BNP Paribas Financial Markets acquired a new position in shares of Cadeler A/S in the 3rd quarter valued at $248,000. Summit Securities Group LLC boosted its holdings in Cadeler A/S by 129.0% during the second quarter. Summit Securities Group LLC now owns 19,584 shares of the company’s stock valued at $490,000 after purchasing an additional 11,031 shares in the last quarter. Encompass Capital Advisors LLC boosted its holdings in shares of Cadeler A/S by 1.2% in the 2nd quarter. Encompass Capital Advisors LLC now owns 1,015,310 shares of the company’s stock worth $25,413,000 after acquiring an additional 11,638 shares in the last quarter. Finally, Price Jennifer C. acquired a new stake in shares of Cadeler A/S in the second quarter valued at $1,955,000. Hedge funds and other institutional investors own 53.03% of the company’s stock.

Cadeler A/S Price Performance

Shares of NYSE:CDLR opened at $24.12 on Friday. The business has a 50-day moving average price of $26.06 and a two-hundred day moving average price of $25.51. 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 1-year low of $16.29 and a 1-year high of $28.75.

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.