GrafTech International Ltd. (NYSE:EAF) Stock Holdings Increased by Invesco Ltd.

Invesco Ltd. increased its stake in shares of GrafTech International Ltd. (NYSE:EAF) by 1.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,751,163 shares of the company’s stock after purchasing an additional 42,268 shares during the quarter. Invesco Ltd. owned approximately 1.07% of GrafTech International worth $4,760,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EAF. Jane Street Group LLC increased its position in GrafTech International by 13.6% in the 3rd quarter. Jane Street Group LLC now owns 885,147 shares of the company’s stock worth $1,168,000 after purchasing an additional 106,091 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of GrafTech International by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 5,053,060 shares of the company’s stock valued at $6,671,000 after buying an additional 59,424 shares in the last quarter. Virtu Financial LLC increased its holdings in GrafTech International by 385.5% in the third quarter. Virtu Financial LLC now owns 175,702 shares of the company’s stock worth $232,000 after buying an additional 139,513 shares during the last quarter. Franklin Resources Inc. raised its position in GrafTech International by 81.0% during the third quarter. Franklin Resources Inc. now owns 4,536,232 shares of the company’s stock valued at $6,623,000 after acquiring an additional 2,029,350 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in GrafTech International by 475.6% in the third quarter. JPMorgan Chase & Co. now owns 2,458,829 shares of the company’s stock valued at $3,246,000 after acquiring an additional 2,031,652 shares during the last quarter. 92.83% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at GrafTech International

In other GrafTech International news, CFO Rory F. O’donnell bought 50,000 shares of the firm’s stock in a transaction dated Thursday, February 13th. The shares were acquired at an average cost of $1.04 per share, for a total transaction of $52,000.00. Following the transaction, the chief financial officer now owns 100,000 shares in the company, valued at approximately $104,000. The trade was a 100.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.72% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on EAF shares. BMO Capital Markets dropped their price target on shares of GrafTech International from $2.00 to $1.50 and set a “market perform” rating on the stock in a research note on Monday, February 10th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $2.00 price target on shares of GrafTech International in a research report on Monday, February 10th.

GrafTech International Price Performance

NYSE EAF opened at $0.70 on Friday. The stock has a market capitalization of $181.30 million, a PE ratio of -1.38 and a beta of 1.15. The stock has a 50-day simple moving average of $0.91 and a 200 day simple moving average of $1.46. The company has a debt-to-equity ratio of 57.38, a quick ratio of 1.98 and a current ratio of 4.55. GrafTech International Ltd. has a twelve month low of $0.52 and a twelve month high of $2.53.

GrafTech International (NYSE:EAF) last released its earnings results on Friday, April 25th. The company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.15) by $0.02. The firm had revenue of $111.84 million during the quarter, compared to analysts’ expectations of $122.33 million. GrafTech International had a negative net margin of 24.34% and a negative return on equity of 709.85%. During the same period in the prior year, the company earned ($0.10) EPS. Research analysts anticipate that GrafTech International Ltd. will post -0.57 EPS for the current year.

GrafTech International 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.