SUBARU CORP/ADR (OTCMKTS:FUJHY) Lifted to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of SUBARU CORP/ADR (OTCMKTS:FUJHY) from a sell rating to a hold rating in a research report report published on Tuesday morning, Zacks.com reports.

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. “

FUJHY has been the subject of several other reports. ValuEngine lowered SUBARU CORP/ADR from a hold rating to a sell rating in a research report on Friday, October 25th. JPMorgan Chase & Co. lowered SUBARU CORP/ADR from an overweight rating to a neutral rating in a research report on Thursday, November 21st.

SUBARU CORP/ADR stock opened at $12.90 on Tuesday. The firm has a market capitalization of $19.78 billion, a P/E ratio of 14.66, a PEG ratio of 0.50 and a beta of 0.47. SUBARU CORP/ADR has a 1 year low of $10.25 and a 1 year high of $14.51. The business has a 50-day moving average of $13.63 and a 200-day moving average of $13.04. The company has a current ratio of 1.82, a quick ratio of 1.41 and a debt-to-equity ratio of 0.06.

A hedge fund recently raised its stake in SUBARU CORP/ADR stock. Parametric Portfolio Associates LLC raised its stake in shares of SUBARU CORP/ADR (OTCMKTS:FUJHY) by 5.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,270,854 shares of the company’s stock after buying an additional 126,739 shares during the quarter. Parametric Portfolio Associates LLC owned about 0.15% of SUBARU CORP/ADR worth $32,030,000 at the end of the most recent reporting period. Institutional investors own 0.15% of the company’s stock.

SUBARU CORP/ADR Company Profile

Subaru Corporation manufactures and sells automobiles and aerospace products. It operates through three segments: Automotive, Aerospace Company, and Other Businesses. The company manufactures, repairs, and sells passenger cars and their components under the Subaru brand; airplanes, aerospace-related machinery, and components; industrial product parts and agricultural transmissions; forging parts of automobile and industrial machinery; and engines, repair parts, and remanufactured transmissions.

Further Reading: Market Capitalization and Individual Investors

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