Subaru (OTCMKTS:FUJHY) Sets New 1-Year High – Here’s What Happened

Subaru Corporation (OTCMKTS:FUJHY) shares hit a new 52-week high on Monday . The company traded as high as $11.50 and last traded at $11.50, with a volume of 4496 shares traded. The stock had previously closed at $11.14.

Subaru Price Performance

The stock has a market capitalization of $16.81 billion, a P/E ratio of 9.40 and a beta of 0.33. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.49 and a quick ratio of 1.99. The company’s 50-day simple moving average is $10.70 and its 200-day simple moving average is $9.91.

Subaru (OTCMKTS:FUJHY) last announced its quarterly earnings data on Monday, November 10th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.02. Subaru had a net margin of 5.49% and a return on equity of 9.62%. The company had revenue of $7.61 billion during the quarter, compared to the consensus estimate of $7.53 billion. As a group, sell-side analysts expect that Subaru Corporation will post 1.44 EPS for the current fiscal year.

Hedge Funds Weigh In On Subaru

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Beddow Capital Management Inc. raised its position in shares of Subaru by 2.8% in the third quarter. Beddow Capital Management Inc. now owns 595,371 shares of the company’s stock valued at $6,019,000 after purchasing an additional 16,372 shares during the period. Great Lakes Advisors LLC lifted its position in Subaru by 11.6% during the third quarter. Great Lakes Advisors LLC now owns 356,206 shares of the company’s stock worth $3,601,000 after acquiring an additional 37,021 shares during the last quarter. CHICAGO TRUST Co NA boosted its holdings in shares of Subaru by 27.5% during the third quarter. CHICAGO TRUST Co NA now owns 64,666 shares of the company’s stock worth $663,000 after acquiring an additional 13,929 shares during the period. Finally, GAMMA Investing LLC grew its position in shares of Subaru by 8.4% in the third quarter. GAMMA Investing LLC now owns 16,565 shares of the company’s stock valued at $167,000 after purchasing an additional 1,279 shares during the last quarter. 0.01% of the stock is owned by institutional investors.

Subaru Company Profile

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.