163,959 Shares in GrafTech International Ltd. (NYSE:EAF) Bought by American Century Companies Inc.

American Century Companies Inc. acquired a new stake in shares of GrafTech International Ltd. (NYSE:EAF) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 163,959 shares of the company’s stock, valued at approximately $284,000. American Century Companies Inc. owned about 0.06% of GrafTech International at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in EAF. Cibc World Markets Corp bought a new stake in shares of GrafTech International in the 4th quarter valued at approximately $42,000. Sonora Investment Management Group LLC increased its stake in GrafTech International by 31.8% during the fourth quarter. Sonora Investment Management Group LLC now owns 29,025 shares of the company’s stock valued at $50,000 after purchasing an additional 7,000 shares during the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of GrafTech International by 55.0% during the third quarter. Public Employees Retirement System of Ohio now owns 51,115 shares of the company’s stock worth $67,000 after purchasing an additional 18,130 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of GrafTech International by 30.0% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 101,449 shares of the company’s stock worth $134,000 after buying an additional 23,413 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new position in shares of GrafTech International in the 4th quarter valued at about $142,000. 92.83% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Royal Bank of Canada reissued a “sector perform” rating and issued a $2.00 target price on shares of GrafTech International in a report on Monday, February 10th. BMO Capital Markets cut their price target on GrafTech International from $2.00 to $1.50 and set a “market perform” rating on the stock in a report on Monday, February 10th.

GrafTech International Price Performance

NYSE EAF opened at $0.64 on Monday. The company has a 50-day moving average price of $1.03 and a two-hundred day moving average price of $1.52. GrafTech International Ltd. has a 52 week low of $0.52 and a 52 week high of $2.53. The stock has a market cap of $164.75 million, a price-to-earnings ratio of -1.25 and a beta of 1.15. The company has a current ratio of 4.55, a quick ratio of 1.98 and a debt-to-equity ratio of 57.38.

GrafTech International (NYSE:EAF) last issued its quarterly earnings data on Wednesday, February 12th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.01. GrafTech International had a negative return on equity of 709.85% and a negative net margin of 24.34%. During the same period last year, the business posted ($0.27) earnings per share. Analysts forecast that GrafTech International Ltd. will post -0.57 EPS for the current year.

Insider Transactions at GrafTech International

In related news, CFO Rory F. O’donnell acquired 50,000 shares of GrafTech International stock in a transaction that occurred on Thursday, February 13th. The stock was acquired at an average price of $1.04 per share, with a total value of $52,000.00. Following the completion of the acquisition, the chief financial officer now directly owns 100,000 shares of the company’s stock, valued at $104,000. This trade represents a 100.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.60% of the company’s stock.

GrafTech International Company Profile

GrafTech International Ltd. research, develops, manufactures, and sells graphite and carbon-based solutions worldwide. The company offers graphite electrodes to produce electric arc furnace steel and other ferrous and non-ferrous metals; and petroleum needle coke, a crystalline form of carbon used in the production of graphite electrodes and synthetic graphite.