F M Investments LLC Takes $5.33 Million Position in Cadeler A/S (NYSE:CDLR)

F M Investments LLC bought a new stake in Cadeler A/S (NYSE:CDLR) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 289,741 shares of the company’s stock, valued at approximately $5,331,000. Cadeler A/S makes up about 3.0% of F M Investments LLC’s holdings, making the stock its 8th biggest holding.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus started coverage on Cadeler A/S in a report on Thursday, January 4th. They issued a “buy” rating and a $35.00 price target for the company.

Cadeler A/S Trading Up 2.7 %

CDLR traded up $0.47 on Tuesday, reaching $17.98. The company’s stock had a trading volume of 38,665 shares, compared to its average volume of 107,760. Cadeler A/S has a 1 year low of $16.29 and a 1 year high of $19.70. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.72 and a current ratio of 2.75. The firm has a 50 day moving average of $17.71.

Cadeler A/S Profile

Cadeler A/S operates as an offshore wind farm transportation and installation contractor in Denmark. It also provides wind farm maintenance, construction, 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.