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

Sanford C. Bernstein upgraded shares of Subaru (OTCMKTS:FUJHY) to a strong sell rating in a research note released on Monday,Zacks.com reports.

Subaru Price Performance

Shares of OTCMKTS:FUJHY opened at $8.47 on Monday. The firm has a 50 day simple moving average of $9.10 and a 200 day simple moving average of $8.68. The company has a market cap of $12.42 billion, a price-to-earnings ratio of 4.71, a PEG ratio of 0.25 and a beta of 0.45. Subaru has a one year low of $7.32 and a one year high of $11.48. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.63 and a quick ratio of 2.08.

Subaru (OTCMKTS:FUJHY) last released its quarterly earnings data 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%. Research analysts predict that Subaru will post 1.44 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in FUJHY. Rhumbline Advisers boosted its position in Subaru by 12.6% during the 4th quarter. Rhumbline Advisers now owns 17,444 shares of the company’s stock worth $157,000 after buying an additional 1,947 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Subaru by 47.5% during the first quarter. GAMMA Investing LLC now owns 13,558 shares of the company’s stock worth $121,000 after purchasing an additional 4,365 shares during the period. CHICAGO TRUST Co NA grew its stake in shares of Subaru by 17.7% in the first quarter. CHICAGO TRUST Co NA now owns 40,744 shares of the company’s stock worth $360,000 after purchasing an additional 6,136 shares during the last quarter. Great Lakes Advisors LLC increased its holdings in Subaru by 3.6% in 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 during the period. Finally, Beddow Capital Management Inc. raised its position in Subaru by 20.5% during the 4th quarter. Beddow Capital Management Inc. now owns 140,598 shares of the company’s stock worth $1,262,000 after purchasing an additional 23,950 shares during the last quarter. Institutional investors and hedge funds 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.