Subaru (OTCMKTS:FUJHY - Get Free Report) was upgraded by The Goldman Sachs Group from a "neutral" rating to a "buy" rating in a research note issued on Thursday, Marketbeat reports.
Separately, Sanford C. Bernstein raised shares of Subaru to a "strong sell" rating in a research note on Monday, April 14th.
Read Our Latest Stock Analysis on Subaru
Subaru Trading Down 5.0%
FUJHY traded down $0.50 on Thursday, reaching $9.58. The company had a trading volume of 76,550 shares, compared to its average volume of 174,237. The company has a fifty day moving average of $8.83 and a 200-day moving average of $8.92. The company has a market capitalization of $14.05 billion, a P/E ratio of 6.34 and a beta of 0.38. Subaru has a one year low of $7.32 and a one year high of $10.18.
Subaru (OTCMKTS:FUJHY - Get Free Report) last announced its earnings results on Wednesday, May 14th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.05). The company had revenue of $7.77 billion during the quarter, compared to the consensus estimate of $1,289.35 billion. Subaru had a net margin of 7.21% and a return on equity of 12.67%. Research analysts predict that Subaru will post 1.44 EPS for the current year.
Institutional Trading of Subaru
A number of hedge funds have recently bought and sold shares of the company. CHICAGO TRUST Co NA lifted its stake in Subaru by 24.5% during the second quarter. CHICAGO TRUST Co NA now owns 50,737 shares of the company's stock valued at $442,000 after buying an additional 9,993 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Subaru by 12.7% in the second quarter. GAMMA Investing LLC now owns 15,286 shares of the company's stock worth $132,000 after purchasing an additional 1,728 shares in the last quarter. Finally, Great Lakes Advisors LLC lifted its position in shares of Subaru by 26.8% in 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 in the last quarter. 0.01% of the stock is owned by hedge funds and other institutional investors.
Subaru Company Profile
(
Get Free Report)
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.
See Also
Before you consider Subaru, 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 Subaru wasn't on the list.
While Subaru currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
