Welch Group LLC Has $47,000 Position in GrafTech International Ltd. (NYSE:EAF)

Welch Group LLC increased its holdings in shares of GrafTech International Ltd. (NYSE:EAF) by 71.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 34,243 shares of the company’s stock after acquiring an additional 14,243 shares during the quarter. Welch Group LLC’s holdings in GrafTech International were worth $47,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. CWM LLC increased its holdings in shares of GrafTech International by 211.9% during the 4th quarter. CWM LLC now owns 14,000 shares of the company’s stock worth $31,000 after acquiring an additional 9,511 shares during the last quarter. Terril Brothers Inc. acquired a new position in shares of GrafTech International during the 4th quarter worth approximately $44,000. Oak Thistle LLC acquired a new position in shares of GrafTech International during the 4th quarter worth approximately $48,000. Aigen Investment Management LP acquired a new position in shares of GrafTech International during the 4th quarter worth approximately $49,000. Finally, SG Americas Securities LLC acquired a new position in GrafTech International in the 4th quarter valued at $59,000. 92.83% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at GrafTech International

In related news, major shareholder Colonial House Capital Ltd bought 179,279 shares of GrafTech International stock in a transaction dated Friday, April 26th. The shares were bought at an average cost of $1.48 per share, with a total value of $265,332.92. Following the acquisition, the insider now owns 29,714,854 shares in the company, valued at approximately $43,977,983.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have bought a total of 3,626,085 shares of company stock valued at $6,379,107 in the last ninety days. 0.60% of the stock is currently owned by corporate insiders.

GrafTech International Stock Up 2.8 %

Shares of NYSE EAF opened at $1.09 on Friday. The company has a quick ratio of 1.91, a current ratio of 3.73 and a debt-to-equity ratio of 24.74. The stock’s fifty day moving average price is $1.60 and its two-hundred day moving average price is $1.68. GrafTech International Ltd. has a one year low of $0.99 and a one year high of $5.32.

GrafTech International (NYSE:EAF) last issued its quarterly earnings data on Friday, April 26th. The company reported ($0.10) EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.08. GrafTech International had a negative return on equity of 66.36% and a negative net margin of 45.08%. The firm had revenue of $136.80 million for the quarter, compared to analyst estimates of $125.73 million. During the same period in the prior year, the firm posted ($0.02) EPS. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. On average, sell-side analysts anticipate that GrafTech International Ltd. will post -0.43 earnings per share for the current year.

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.