SUBARU CORP/ADR (FUJHY) Lowered to “Sell” at Zacks Investment Research

Zacks Investment Research lowered shares of SUBARU CORP/ADR (OTCMKTS:FUJHY) from a hold rating to a sell rating in a research report released on Monday, 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. “

Separately, ValuEngine upgraded shares of SUBARU CORP/ADR from a sell rating to a hold rating in a research report on Wednesday, April 3rd.

FUJHY opened at $11.40 on Monday. SUBARU CORP/ADR has a twelve month low of $10.25 and a twelve month high of $16.94. The company has a quick ratio of 1.31, a current ratio of 1.67 and a debt-to-equity ratio of 0.02. The firm has a market cap of $17.48 billion, a PE ratio of 6.37, a PEG ratio of 2.12 and a beta of 0.46.

A hedge fund recently raised its stake in SUBARU CORP/ADR stock. Quadrant Capital Group LLC boosted its stake in SUBARU CORP/ADR (OTCMKTS:FUJHY) by 1,531.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,275 shares of the company’s stock after purchasing an additional 6,829 shares during the quarter. Quadrant Capital Group LLC’s holdings in SUBARU CORP/ADR were worth $76,000 as of its most recent SEC filing. 0.11% of the stock is owned by hedge funds and other institutional investors.

About SUBARU CORP/ADR

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.

See Also: Producer Price Index (PPI)

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