Sanford C. Bernstein Upgrades Subaru (OTCMKTS:FUJHY) to “Strong Sell”

Subaru (OTCMKTS:FUJHY) was upgraded by research analysts at Sanford C. Bernstein to a “strong sell” rating in a research note issued to investors on Monday,Zacks.com reports.

Subaru Stock Up 2.4 %

FUJHY stock opened at $8.55 on Monday. Subaru has a fifty-two week low of $7.32 and a fifty-two week high of $11.75. The company has a market capitalization of $12.54 billion, a price-to-earnings ratio of 4.75, a price-to-earnings-growth ratio of 0.25 and a beta of 0.45. The business’s 50 day moving average price is $9.12 and its two-hundred day moving average price is $8.68. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.08 and a current ratio of 2.63.

Subaru (OTCMKTS:FUJHY) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.23. Subaru had a return on equity of 15.26% and a net margin of 8.50%. As a group, analysts forecast that Subaru will post 1.44 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Subaru

Hedge funds have recently bought and sold shares of the business. Great Lakes Advisors LLC increased its stake in shares of Subaru by 3.6% during the fourth quarter. Great Lakes Advisors LLC now owns 231,753 shares of the company’s stock valued at $2,083,000 after purchasing an additional 8,063 shares in the last quarter. Beddow Capital Management Inc. grew its stake in shares of Subaru by 20.5% in the 4th quarter. Beddow Capital Management Inc. now owns 140,598 shares of the company’s stock worth $1,262,000 after buying an additional 23,950 shares during the last quarter. GAMMA Investing LLC increased its position in 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 in the last quarter. CHICAGO TRUST Co NA raised 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 valued at $360,000 after buying an additional 6,136 shares during the last quarter. Finally, Rhumbline Advisers boosted its holdings in Subaru by 12.6% in the fourth quarter. Rhumbline Advisers now owns 17,444 shares of the company’s stock worth $157,000 after acquiring an additional 1,947 shares in the last quarter. Institutional investors own 0.01% of the company’s stock.

About Subaru

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.