Subaru (OTCMKTS:FUJHY) Sees Large Volume Increase – Here’s Why

Shares of Subaru Corporation (OTCMKTS:FUJHY) saw strong trading volume on Tuesday . 414,855 shares traded hands during trading, an increase of 63% from the previous session’s volume of 254,314 shares.The stock last traded at $7.90 and had previously closed at $8.00.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. UBS Group downgraded shares of Subaru from a “neutral” rating to a “sell” rating in a research note on Thursday, June 18th. Zacks Research lowered shares of Subaru from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 7th. One research analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Reduce”.

Subaru Price Performance

The company has a fifty day moving average price of $7.63 and a 200 day moving average price of $8.82. The stock has a market cap of $11.12 billion, a P/E ratio of 17.61 and a beta of 0.37.

Subaru (OTCMKTS:FUJHY) last announced its quarterly earnings results on Friday, May 15th. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.18). Subaru had a net margin of 1.96% and a return on equity of 3.38%. The business had revenue of $8.01 billion for the quarter, compared to the consensus estimate of $7.67 billion. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. As a group, sell-side analysts expect that Subaru Corporation will post 0.6 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Subaru

Several large investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC increased its holdings in Subaru by 14.0% during the 4th quarter. GAMMA Investing LLC now owns 18,891 shares of the company’s stock worth $203,000 after purchasing an additional 2,326 shares in the last quarter. Great Lakes Advisors LLC lifted its holdings in shares of Subaru by 7.1% in the fourth quarter. Great Lakes Advisors LLC now owns 381,638 shares of the company’s stock valued at $4,095,000 after purchasing an additional 25,432 shares in the last quarter. Finally, CHICAGO TRUST Co NA boosted its position in shares of Subaru by 10.8% during the first quarter. CHICAGO TRUST Co NA now owns 69,466 shares of the company’s stock valued at $542,000 after buying an additional 6,761 shares during the last quarter. Institutional investors own 0.01% of the company’s stock.

Subaru Company Profile

Subaru Corporation, traded over the counter as OTCMKTS:FUJHY, is a Japanese multinational automaker known for its distinctive use of the horizontally opposed “boxer” engine and standard symmetrical all-wheel-drive system across most of its vehicle lineup. Founded in 1953 as Fuji Heavy Industries, the company rebranded to Subaru Corporation in 2017 to align its corporate identity with its well‐established automotive brand. Subaru’s product portfolio includes compact and midsize sedans, sport wagons, crossovers and SUVs, with flagship models such as the Impreza, Legacy, Outback, Forester and Crosstrek (also marketed as the XV in some regions), as well as the performance-oriented BRZ sports coupe developed in partnership with Toyota.

In addition to passenger vehicles, Subaru Corporation is involved in the manufacturing of automotive components, aerospace products and industrial machinery, leveraging advanced materials and precision engineering capabilities inherited from its Fuji Heavy Industries heritage.