The Goldman Sachs Group Upgrades Subaru (OTCMKTS:FUJHY) to "Buy"

Subaru (OTCMKTS:FUJHY - Get Free Report) was upgraded by stock analysts at The Goldman Sachs Group from a "neutral" rating to a "buy" rating in a research note issued on Thursday, Marketbeat.com reports.

Separately, Sanford C. Bernstein raised Subaru to a "strong sell" rating in a research report on Monday, April 14th.

Subaru Trading Down 0.3%

OTCMKTS:FUJHY traded down $0.03 during trading hours on Thursday, hitting $9.55. The stock had a trading volume of 66,743 shares, compared to its average volume of 229,212. Subaru has a 1-year low of $7.32 and a 1-year high of $10.18. The business has a 50 day simple moving average of $8.83 and a two-hundred day simple moving average of $8.92. The company has a market cap of $14.00 billion, a PE ratio of 6.32 and a beta of 0.38.

Subaru (OTCMKTS:FUJHY - Get Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.05). The firm had revenue of $7.77 billion during the quarter, compared to analyst estimates of $1,289.35 billion. Subaru had a net margin of 7.21% and a return on equity of 12.67%. Research analysts expect that Subaru will post 1.44 EPS for the current fiscal year.

Institutional Investors Weigh In On Subaru

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Great Lakes Advisors LLC raised its stake in shares of Subaru by 26.8% in the 1st quarter. Great Lakes Advisors LLC now owns 293,796 shares of the company's stock valued at $2,618,000 after acquiring an additional 62,043 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Subaru by 1,214.1% in the 1st quarter. GAMMA Investing LLC now owns 120,802 shares of the company's stock valued at $1,076,000 after acquiring an additional 111,609 shares in the last quarter. Finally, CHICAGO TRUST Co NA raised its stake in shares of Subaru by 24.5% in the 2nd quarter. CHICAGO TRUST Co NA now owns 50,737 shares of the company's stock valued at $442,000 after acquiring an additional 9,993 shares in the last quarter. 0.01% of the stock is 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.