Terril Brothers Inc. Makes New Investment in GrafTech International Ltd. (NYSE:EAF)

Terril Brothers Inc. acquired a new position in shares of GrafTech International Ltd. (NYSE:EAF) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 20,000 shares of the company’s stock, valued at approximately $44,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Strategic Financial Concepts LLC acquired a new stake in shares of GrafTech International in the third quarter valued at about $44,000. CWM LLC lifted its stake in shares of GrafTech International by 211.9% in the fourth quarter. CWM LLC now owns 14,000 shares of the company’s stock valued at $31,000 after purchasing an additional 9,511 shares during the period. J.W. Cole Advisors Inc. lifted its stake in shares of GrafTech International by 39.2% in the third quarter. J.W. Cole Advisors Inc. now owns 14,726 shares of the company’s stock valued at $56,000 after purchasing an additional 4,147 shares during the period. Jaffetilchin Investment Partners LLC acquired a new position in GrafTech International during the third quarter worth about $63,000. Finally, Jump Financial LLC acquired a new position in GrafTech International during the third quarter worth about $72,000. Institutional investors and hedge funds own 92.83% of the company’s stock.

Insider Activity

In other news, major shareholder Colonial House Capital Ltd acquired 2,303,599 shares of the business’s stock in a transaction dated Tuesday, April 16th. The stock was acquired at an average price of $1.78 per share, with a total value of $4,100,406.22. Following the completion of the transaction, the insider now directly owns 29,535,575 shares in the company, valued at approximately $52,573,323.50. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

EAF has been the subject of a number of research reports. Royal Bank of Canada cut their target price on shares of GrafTech International from $3.00 to $2.00 and set a “sector perform” rating for the company in a research report on Friday, February 16th. UBS Group initiated coverage on shares of GrafTech International in a research report on Tuesday, January 16th. They set a “neutral” rating and a $2.00 target price for the company. Citigroup cut their target price on shares of GrafTech International from $4.00 to $2.00 and set a “neutral” rating for the company in a research report on Wednesday, January 10th. Finally, BMO Capital Markets cut their target price on shares of GrafTech International from $2.00 to $1.50 and set a “market perform” rating for the company in a research report on Thursday, February 15th. Five investment analysts have rated the stock with a hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $1.88.

GrafTech International Trading Down 1.9 %

Shares of NYSE:EAF traded down $0.03 during trading on Friday, reaching $1.58. The stock had a trading volume of 5,450,320 shares, compared to its average volume of 3,144,827. The business has a fifty day moving average price of $1.56 and a 200-day moving average price of $2.03. The company has a debt-to-equity ratio of 11.90, a quick ratio of 1.81 and a current ratio of 3.54. GrafTech International Ltd. has a fifty-two week low of $1.18 and a fifty-two week high of $5.32.

GrafTech International (NYSE:EAF) last posted its quarterly earnings data on Friday, April 26th. The company reported ($0.10) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.08. The business had revenue of $136.80 million during the quarter, compared to analyst estimates of $125.73 million. GrafTech International had a negative net margin of 41.14% and a negative return on equity of 39.57%. The company’s revenue was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.02) earnings per share. As a group, analysts predict that GrafTech International Ltd. will post -0.52 earnings per share for the current fiscal 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.