112,435 Shares in GrafTech International Ltd. (NYSE:EAF) Acquired by Headlands Technologies LLC

Headlands Technologies LLC purchased a new position in GrafTech International Ltd. (NYSE:EAF) during the 4th quarter, Holdings Channel reports. The fund purchased 112,435 shares of the company’s stock, valued at approximately $195,000.

Several other institutional investors and hedge funds have also modified their holdings of EAF. Intech Investment Management LLC purchased a new position in GrafTech International during the third quarter valued at $81,000. The Manufacturers Life Insurance Company raised its stake in shares of GrafTech International by 30.0% in the third 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 period. BNP Paribas Financial Markets lifted its position in shares of GrafTech International by 19.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 127,831 shares of the company’s stock valued at $169,000 after buying an additional 20,769 shares in the last quarter. Paloma Partners Management Co bought a new position in shares of GrafTech International during the 3rd quarter valued at approximately $155,000. Finally, Jane Street Group LLC increased its holdings 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 acquiring an additional 106,091 shares in the last quarter. Hedge funds and other institutional investors own 92.83% of the company’s stock.

GrafTech International Stock Down 14.1 %

NYSE EAF opened at $0.67 on Friday. GrafTech International Ltd. has a 12 month low of $0.52 and a 12 month high of $2.53. The company has a current ratio of 4.55, a quick ratio of 1.98 and a debt-to-equity ratio of 57.38. The stock has a market cap of $172.88 million, a PE ratio of -1.32 and a beta of 1.15. The stock’s 50 day moving average is $1.15 and its 200 day moving average is $1.54.

GrafTech International (NYSE:EAF) last released its earnings results on Wednesday, February 12th. The company reported ($0.13) EPS for the quarter, topping the consensus estimate 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 period in the prior year, the firm earned ($0.27) EPS. Research analysts predict that GrafTech International Ltd. will post -0.57 EPS for the current fiscal year.

Insider Buying and Selling at GrafTech International

In other news, CFO Rory F. O’donnell bought 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 13th. The shares were bought at an average cost of $1.04 per share, for a total transaction of $52,000.00. Following the completion of the transaction, the chief financial officer now owns 100,000 shares of the company’s stock, valued at approximately $104,000. This represents 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. Insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. BMO Capital Markets lowered 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 report on Monday, February 10th. Royal Bank of Canada restated a “sector perform” rating and set a $2.00 target price on shares of GrafTech International in a research note on Monday, February 10th.

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.