Subaru Corp (FUJHY) Lowered by Zacks Investment Research to Sell

Subaru Corp (FUJHY) Lowered by Zacks Investment Research to Sell

Zacks Investment Research lowered shares of Subaru Corp (OTCMKTS:FUJHY) from a hold rating to a sell rating in a research report released on Monday morning.

According to Zacks, “Subaru Corp. manufactures and distributes automobile products. The Company’s Automobile segment manufactures and sells vehicles and related products. Aerospace segment manufactures aircrafts, parts of space-related devices. Subaru Corp., formerly known as Fuji Heavy Industries Ltd., is based in SHIBUYA-KU, Japan. “

Subaru Corp (OTCMKTS FUJHY) opened at 16.98 on Monday. The company has a market capitalization of $26.04 billion and a PE ratio of 10.33. The firm’s 50-day moving average is $17.94 and its 200-day moving average is $19.33. Subaru Corp has a 52-week low of $16.12 and a 52-week high of $21.56.

Several large investors have recently made changes to their positions in FUJHY. FNY Partners Fund LP acquired a new stake in shares of Subaru Corp during the first quarter valued at about $141,000. Parametric Portfolio Associates LLC raised its stake in shares of Subaru Corp by 7.0% in the first quarter. Parametric Portfolio Associates LLC now owns 1,030,203 shares of the company’s stock valued at $18,925,000 after buying an additional 67,130 shares in the last quarter. Eqis Capital Management Inc. acquired a new stake in shares of Subaru Corp during the first quarter valued at about $435,000. Cim Investment Mangement Inc. raised its stake in shares of Subaru Corp by 300.0% in the fourth quarter. Cim Investment Mangement Inc. now owns 14,684 shares of the company’s stock valued at $300,000 after buying an additional 11,013 shares in the last quarter. Finally, Scout Investments Inc. raised its stake in shares of Subaru Corp by 22.7% in the third quarter. Scout Investments Inc. now owns 52,215 shares of the company’s stock valued at $3,872,000 after buying an additional 9,675 shares in the last quarter.

Subaru Corp Company Profile

SUBARU CORPORATION, formerly Fuji Heavy Industries Ltd., is a manufacturer of Subaru automobiles. The Company’s segments include Automobiles, Aerospace, Industrial products and Other. The Automobile segment manufactures and sells vehicles and related products. The Aerospace segment manufactures aircrafts, parts of space-related devices.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “OTC:FUJHY”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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