2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. grew its stake in shares of GrafTech International Ltd. ( NYSE:EAF – Free Report ) by 25.
2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 613,586 shares of the company’s stock after acquiring an additional 123,574 shares during the quarter. Russell Investments Group Ltd.
’s holdings in GrafTech International were worth $1,062,000 as of its most recent SEC filing. Several other large investors have also recently modified their holdings of the stock. JPMorgan Chase & Co.
raised its holdings in GrafTech International by 475.6% in the third quarter. JPMorgan Chase & Co.
now owns 2,458,829 shares of the company’s stock worth $3,246,000 after buying an additional 2,031,652 shares during the last quarter. Franklin Resources Inc. increased its position in shares of 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.
Cannell & Spears LLC raised its holdings in GrafTech International by 138.3% in the 4th quarter. Cannell & Spears LLC now owns 1,122,155 shares of the company’s stock worth $1,941,000 after acquiring an additional 651,250 shares during the last quarter.
American Century Companies Inc. bought a new position in GrafTech International in the 4th quarter valued at approximately $284,000. Finally, Virtu Financial LLC boosted its stake in GrafTech International by 385.
5% during the 3rd quarter. Virtu Financial LLC now owns 175,702 shares of the company’s stock valued at $232,000 after purchasing an additional 139,513 shares during the last quarter. Hedge funds and other institutional investors own 92.
83% of the company’s stock. GrafTech International Trading Down 12.5 % Shares of GrafTech International stock opened at $0.
56 on Tuesday. GrafTech International Ltd. has a 1-year low of $0.
52 and a 1-year high of $2.53. The company’s fifty day simple moving average is $0.
95 and its 200-day simple moving average is $1.49. The company has a debt-to-equity ratio of 57.
38, a current ratio of 4.55 and a quick ratio of 1.98.
The stock has a market capitalization of $144.00 million, a PE ratio of -1.10 and a beta of 1.
15. Analyst Upgrades and Downgrades EAF has been the subject of several research analyst reports. BMO Capital Markets reduced their price objective on GrafTech International from $2.
00 to $1.50 and set a “market perform” rating for the company in a report on Monday, February 10th. Royal Bank of Canada restated a “sector perform” rating and issued a $2.
00 target price on shares of GrafTech International in a report on Monday, February 10th. Get Our Latest Report on EAF Insider Activity at GrafTech International In other GrafTech International news, CFO Rory F. O’donnell purchased 50,000 shares of the stock in a transaction that occurred on Thursday, February 13th.
The shares were bought at an average cost of $1.04 per share, with a total value of $52,000.00.
Following the acquisition, the chief financial officer now owns 100,000 shares in the company, valued at approximately $104,000. This trade represents a 100.00 % increase in their ownership of the stock.
The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link . 0.72% of the stock is owned by corporate insiders.
About GrafTech International ( Free Report ) 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.
See Also Want to see what other hedge funds are holding EAF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GrafTech International Ltd. ( NYSE:EAF – Free Report ).
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