SUBARU CORP/ADR (OTCMKTS:FUJHY) – Stock analysts at Jefferies Financial Group decreased their FY2021 earnings estimates for SUBARU CORP/ADR in a research report issued to clients and investors on Wednesday, December 5th. Jefferies Financial Group analyst T. Nakanishi now anticipates that the company will post earnings per share of $1.69 for the year, down from their previous estimate of $1.88.
A number of other analysts have also issued reports on FUJHY. ValuEngine raised shares of SUBARU CORP/ADR from a “strong sell” rating to a “sell” rating in a research note on Tuesday, October 2nd. Citigroup lowered shares of SUBARU CORP/ADR from a “buy” rating to a “neutral” rating in a research note on Friday, November 16th. Finally, Zacks Investment Research lowered shares of SUBARU CORP/ADR from a “hold” rating to a “sell” rating in a research note on Tuesday, November 27th.
Shares of FUJHY opened at $11.02 on Thursday. The firm has a market cap of $16.96 billion, a PE ratio of 6.16, a P/E/G ratio of 2.79 and a beta of 0.39. SUBARU CORP/ADR has a 12-month low of $10.85 and a 12-month high of $18.00. The company has a quick ratio of 1.37, a current ratio of 1.70 and a debt-to-equity ratio of 0.02.
Institutional investors and hedge funds have recently modified their holdings of the company. Henry James International Management Inc. purchased a new stake in shares of SUBARU CORP/ADR during the third quarter valued at $154,000. Teachers Retirement System of The State of Kentucky boosted its stake in shares of SUBARU CORP/ADR by 9.7% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 220,600 shares of the company’s stock valued at $3,243,000 after purchasing an additional 19,500 shares during the period. Finally, Todd Asset Management LLC boosted its stake in shares of SUBARU CORP/ADR by 9.7% during the third quarter. Todd Asset Management LLC now owns 220,600 shares of the company’s stock valued at $3,243,000 after purchasing an additional 19,500 shares during the period. 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 related products in Japan and internationally. The company operates through three segments: Automotive, Aerospace, and Other. It manufactures, repairs, and sells passenger cars and their components under the Subaru brand; airplanes, aerospace-related machinery, and their components; and generators, engine-equipped machinery, agricultural machinery, construction machinery, and other machine tools, as well as their components.
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