GrafTech International Ltd. (NYSE:EAF) Shares Bought by Tyler Stone Wealth Management

Tyler Stone Wealth Management lifted its position in shares of GrafTech International Ltd. (NYSE:EAF) by 24.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 76,100 shares of the company’s stock after acquiring an additional 15,000 shares during the period. Tyler Stone Wealth Management’s holdings in GrafTech International were worth $132,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. EntryPoint Capital LLC acquired a new stake in shares of GrafTech International during the fourth quarter worth $73,000. American Century Companies Inc. acquired a new stake in GrafTech International during the fourth quarter worth about $284,000. Quantbot Technologies LP bought a new position in GrafTech International in the fourth quarter worth about $142,000. Intech Investment Management LLC boosted its stake in GrafTech International by 34.6% in the fourth quarter. Intech Investment Management LLC now owns 83,041 shares of the company’s stock valued at $144,000 after acquiring an additional 21,362 shares during the period. Finally, William Blair Investment Management LLC grew its holdings in shares of GrafTech International by 2.1% during the fourth quarter. William Blair Investment Management LLC now owns 4,461,906 shares of the company’s stock valued at $7,719,000 after purchasing an additional 93,722 shares during the last quarter. 92.83% of the stock is currently owned by institutional investors.

GrafTech International Stock Down 4.2 %

Shares of GrafTech International stock opened at $1.04 on Thursday. The company has a debt-to-equity ratio of 57.38, a current ratio of 4.55 and a quick ratio of 1.98. GrafTech International Ltd. has a 1-year low of $0.52 and a 1-year high of $2.53. The business’s fifty day moving average price is $1.26 and its two-hundred day moving average price is $1.53. The company has a market capitalization of $266.27 million, a P/E ratio of -2.03 and a beta of 0.92.

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

Wall Street Analyst Weigh In

Several brokerages recently issued reports on EAF. Royal Bank of Canada reissued a “sector perform” rating and issued a $2.00 price target on shares of GrafTech International in a report on Monday, February 10th. Citigroup raised their target price on GrafTech International from $1.00 to $2.20 and gave the company a “neutral” rating in a research note on Tuesday, December 3rd. JPMorgan Chase & Co. upgraded shares of GrafTech International from an “underweight” rating to a “neutral” rating in a research report on Friday, December 6th. Finally, BMO Capital Markets cut their price objective on shares of GrafTech International from $2.00 to $1.50 and set a “market perform” rating on the stock in a research report on Monday, February 10th.

Insider Transactions at GrafTech International

In related news, CFO Rory F. O’donnell acquired 50,000 shares of the stock in a transaction that occurred on Thursday, February 13th. The shares were acquired at an average price of $1.04 per share, for a total transaction of $52,000.00. Following the completion of the purchase, the chief financial officer now directly owns 100,000 shares of the company’s stock, valued at $104,000. The trade was a 100.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 0.60% of the company’s stock.

About GrafTech International

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.