Barclays PLC Has $476,000 Stake in GrafTech International Ltd. (NYSE:EAF)

Barclays PLC increased its holdings in shares of GrafTech International Ltd. (NYSE:EAF - Free Report) by 88.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 98,078 shares of the company's stock after purchasing an additional 46,036 shares during the quarter. Barclays PLC's holdings in GrafTech International were worth $476,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in EAF. Norges Bank acquired a new position in GrafTech International during the fourth quarter worth $39,465,000. AM Squared Ltd acquired a new stake in GrafTech International in the fourth quarter valued at $6,797,000. Vanguard Group Inc. lifted its stake in GrafTech International by 5.5% in the first quarter. Vanguard Group Inc. now owns 23,925,413 shares of the company's stock valued at $230,163,000 after acquiring an additional 1,237,154 shares during the last quarter. Millennium Management LLC lifted its stake in GrafTech International by 61.9% in the second quarter. Millennium Management LLC now owns 3,222,718 shares of the company's stock valued at $22,785,000 after acquiring an additional 1,231,952 shares during the last quarter. Finally, Mackenzie Financial Corp lifted its stake in GrafTech International by 20.3% in the first quarter. Mackenzie Financial Corp now owns 4,150,483 shares of the company's stock valued at $20,171,000 after acquiring an additional 700,000 shares during the last quarter. Institutional investors and hedge funds own 92.83% of the company's stock.

NYSE EAF opened at $3.51 on Tuesday. The firm has a 50-day moving average of $4.58 and a 200-day moving average of $4.75. The company has a debt-to-equity ratio of 2.90, a quick ratio of 1.70 and a current ratio of 4.10. The stock has a market cap of $900.12 million, a PE ratio of 7.01 and a beta of 1.36. GrafTech International Ltd. has a 52-week low of $3.45 and a 52-week high of $6.74.

GrafTech International (NYSE:EAF - Get Free Report) last posted its earnings results on Friday, August 4th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.01). The company had revenue of $185.60 million for the quarter, compared to analyst estimates of $177.18 million. GrafTech International had a return on equity of 40.42% and a net margin of 14.68%. The business's quarterly revenue was down 49.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.44 EPS. On average, sell-side analysts anticipate that GrafTech International Ltd. will post -0.13 EPS for the current year.

A number of brokerages have commented on EAF. JPMorgan Chase & Co. began coverage on shares of GrafTech International in a research note on Tuesday, May 23rd. They issued a "neutral" rating for the company. BMO Capital Markets cut their price target on shares of GrafTech International from $5.00 to $4.50 and set a "market perform" rating for the company in a research note on Monday, August 7th.

Read Our Latest Stock Analysis on EAF

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider GrafTech International, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GrafTech International wasn't on the list.

While GrafTech International currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.