Cwm LLC Makes New Investment in GrafTech International Ltd. (NYSE:EAF)

Cwm LLC bought a new position in GrafTech International Ltd. (NYSE:EAFGet Rating) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 6,536 shares of the company’s stock, valued at approximately $28,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Quantbot Technologies LP purchased a new stake in GrafTech International in the first quarter worth approximately $29,000. Point72 Hong Kong Ltd purchased a new stake in GrafTech International in the first quarter worth approximately $60,000. Tyler Stone Wealth Management boosted its stake in GrafTech International by 56.4% in the second quarter. Tyler Stone Wealth Management now owns 6,900 shares of the company’s stock worth $49,000 after buying an additional 2,488 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in GrafTech International by 855.9% in the first quarter. PNC Financial Services Group Inc. now owns 8,116 shares of the company’s stock worth $79,000 after buying an additional 7,267 shares in the last quarter. Finally, XTX Topco Ltd purchased a new stake in GrafTech International in the first quarter worth approximately $98,000. Hedge funds and other institutional investors own 88.74% of the company’s stock.

GrafTech International Stock Performance

Shares of EAF stock opened at $5.70 on Friday. The stock has a fifty day moving average of $5.12 and a 200 day moving average of $5.57. GrafTech International Ltd. has a 52 week low of $4.07 and a 52 week high of $12.03. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 3.15 and a beta of 1.27. The company has a quick ratio of 1.45, a current ratio of 3.21 and a debt-to-equity ratio of 3.44.

GrafTech International (NYSE:EAFGet Rating) last announced its quarterly earnings results on Friday, November 4th. The company reported $0.37 EPS for the quarter. GrafTech International had a return on equity of 298.27% and a net margin of 33.94%. The company had revenue of $303.84 million during the quarter.

GrafTech International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 30th. Shareholders of record on Wednesday, November 30th were issued a $0.01 dividend. The ex-dividend date was Tuesday, November 29th. This represents a $0.04 dividend on an annualized basis and a yield of 0.70%. GrafTech International’s dividend payout ratio (DPR) is 2.21%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on EAF. Royal Bank of Canada dropped their price objective on GrafTech International from $7.00 to $4.00 and set a “sector perform” rating for the company in a research note on Tuesday, November 8th. BMO Capital Markets increased their price objective on GrafTech International from $5.00 to $6.00 and gave the company a “market perform” rating in a research note on Monday, November 21st.

GrafTech International Profile

(Get Rating)

GrafTech International Ltd. research, develops, manufactures, and sells graphite and carbon-based solutions worldwide. It 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.

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Institutional Ownership by Quarter for GrafTech International (NYSE:EAF)

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