Barclays PLC Decreases Stake in GrafTech International Ltd. (NYSE:EAF)

Barclays PLC cut its holdings in shares of GrafTech International Ltd. (NYSE:EAF) by 76.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 369,948 shares of the company’s stock after selling 1,220,957 shares during the period. Barclays PLC owned approximately 0.14% of GrafTech International worth $488,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Geode Capital Management LLC boosted its holdings in shares of GrafTech International by 1.2% during the 3rd quarter. Geode Capital Management LLC now owns 5,053,060 shares of the company’s stock valued at $6,671,000 after acquiring an additional 59,424 shares during the last quarter. Public Employees Retirement System of Ohio lifted its position in GrafTech International by 55.0% during the third quarter. Public Employees Retirement System of Ohio now owns 51,115 shares of the company’s stock valued at $67,000 after purchasing an additional 18,130 shares during the period. Jane Street Group LLC boosted its holdings in GrafTech International by 13.6% in the third 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. Paloma Partners Management Co bought a new stake in GrafTech International in the 3rd quarter worth approximately $155,000. Finally, BNP Paribas Financial Markets raised its stake in 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 during the last quarter. 92.83% of the stock is currently owned by institutional investors.

GrafTech International Stock Up 9.8 %

Shares of EAF stock opened at $1.83 on Friday. The company has a current ratio of 3.79, a quick ratio of 1.98 and a debt-to-equity ratio of 57.38. GrafTech International Ltd. has a 12 month low of $0.52 and a 12 month high of $2.53. The stock has a market cap of $471.39 million, a P/E ratio of -1.57 and a beta of 0.99. The company has a 50 day simple moving average of $1.89 and a two-hundred day simple moving average of $1.38.

GrafTech International (NYSE:EAF) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.01. The firm had revenue of $130.65 million during the quarter, compared to analyst estimates of $128.14 million. GrafTech International had a negative return on equity of 459.99% and a negative net margin of 55.21%. During the same period in the prior year, the business posted ($0.08) EPS. On average, research analysts expect that GrafTech International Ltd. will post -0.43 earnings per share for the current year.

Analyst Ratings Changes

EAF has been the topic of a number of research reports. Citigroup raised their price target on GrafTech International from $1.00 to $2.20 and gave the stock a “neutral” rating in a research note on Tuesday, December 3rd. JPMorgan Chase & Co. raised GrafTech International from an “underweight” rating to a “neutral” rating in a report on Friday, December 6th.

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.