Subaru (OTCMKTS:FUJHY) Shares Gap Down - Time to Sell?

Key Points

• Subaru's stock price gapped down from $10.08 to $9.29 prior to trading on Friday, with the last trade at $9.53.
• Analysts have recently changed their ratings, with Sanford C. Bernstein rating it a "strong sell" and Goldman Sachs upgrading it to a "buy".
• Subaru reported earnings of $0.10 per share, missing the consensus estimate, with revenue significantly below expectations.
• Institutional investors have recently increased their stakes in Subaru, with GAMMA Investing LLC boosting their investment by 1,214.1%.

Subaru Corporation (OTCMKTS:FUJHY - Get Free Report)'s stock price gapped down prior to trading on Friday . The stock had previously closed at $10.08, but opened at $9.29. Subaru shares last traded at $9.53, with a volume of 11,291 shares changing hands.

Analyst Ratings Changes

FUJHY has been the subject of several recent research reports. Sanford C. Bernstein raised shares of Subaru to a "strong sell" rating in a research report on Monday, April 14th. The Goldman Sachs Group raised shares of Subaru from a "neutral" rating to a "buy" rating in a research report on Thursday.

Subaru Stock Performance

The company has a market capitalization of $14.02 billion, a PE ratio of 6.33 and a beta of 0.38. The company has a 50 day moving average price of $8.82 and a 200 day moving average price of $8.91.

Subaru (OTCMKTS:FUJHY - Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.05). The business had revenue of $7.77 billion for the quarter, compared to analysts' expectations of $1,289.35 billion. Subaru had a net margin of 7.21% and a return on equity of 12.67%. On average, equities analysts forecast that Subaru Corporation will post 1.44 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Subaru

Several institutional investors and hedge funds have recently made changes to their positions in FUJHY. GAMMA Investing LLC boosted its stake in shares of Subaru by 1,214.1% during the 1st quarter. GAMMA Investing LLC now owns 120,802 shares of the company's stock valued at $1,076,000 after buying an additional 111,609 shares during the last quarter. CHICAGO TRUST Co NA lifted its stake in Subaru by 17.7% during the first quarter. CHICAGO TRUST Co NA now owns 40,744 shares of the company's stock worth $360,000 after purchasing an additional 6,136 shares during the last quarter. Finally, Great Lakes Advisors LLC lifted its stake in Subaru by 26.8% during the first quarter. Great Lakes Advisors LLC now owns 293,796 shares of the company's stock worth $2,618,000 after purchasing an additional 62,043 shares during the last quarter. 0.01% of the stock is currently owned by hedge funds and other institutional investors.

Subaru Company Profile

Subaru Corporation manufactures and sells automobiles and aerospace products in Japan, rest of Asia, North America, Europe, and internationally. It operates through three segments: Automotive, Aerospace, and Others. The company manufactures, sells, and repairs passenger cars and their components, aircrafts, aerospace-related machinery, and related components; and rents and manages real estate properties.

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