Tyler Stone Wealth Management Increases Holdings in GrafTech International Ltd. (NYSE:EAF)

Tyler Stone Wealth Management boosted its position in GrafTech International Ltd. (NYSE:EAF) by 113.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 61,100 shares of the company’s stock after buying an additional 32,450 shares during the period. Tyler Stone Wealth Management’s holdings in GrafTech International were worth $81,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of EAF. Invenomic Capital Management LP boosted its holdings in shares of GrafTech International by 89.4% in the 1st quarter. Invenomic Capital Management LP now owns 1,456,417 shares of the company’s stock valued at $2,010,000 after acquiring an additional 687,595 shares during the last quarter. Millennium Management LLC boosted its holdings in GrafTech International by 287.8% in the second quarter. Millennium Management LLC now owns 5,065,715 shares of the company’s stock valued at $4,914,000 after purchasing an additional 3,759,449 shares during the last quarter. Russell Investments Group Ltd. grew its position in GrafTech International by 43.2% during the 1st quarter. Russell Investments Group Ltd. now owns 195,665 shares of the company’s stock worth $270,000 after purchasing an additional 59,013 shares during the period. SG Americas Securities LLC purchased a new position in shares of GrafTech International during the 3rd quarter valued at about $156,000. Finally, Choreo LLC acquired a new position in shares of GrafTech International in the 2nd quarter valued at about $155,000. Institutional investors and hedge funds own 92.83% of the company’s stock.

Analyst Upgrades and Downgrades

EAF has been the topic of several analyst reports. JPMorgan Chase & Co. lowered GrafTech International from a “neutral” rating to an “underweight” rating in a report on Tuesday, July 16th. BMO Capital Markets cut their target price on shares of GrafTech International from $1.20 to $1.00 and set a “market perform” rating for the company in a report on Monday, July 29th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $1.75.

GrafTech International Price Performance

Shares of GrafTech International stock opened at $2.07 on Tuesday. The firm has a market cap of $532.34 million, a PE ratio of -1.90 and a beta of 0.94. GrafTech International Ltd. has a twelve month low of $0.52 and a twelve month high of $2.76. The company has a quick ratio of 2.01, a current ratio of 4.22 and a debt-to-equity ratio of 57.38. The business has a 50-day moving average price of $1.36 and a 200 day moving average price of $1.25.

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.