Fuji Heavy Industries Ltd. (FUJHY) Downgraded to Sell at Zacks Investment Research

Zacks Investment Research lowered shares of Fuji Heavy Industries Ltd. (OTCMKTS:FUJHY) from a hold rating to a sell rating in a research report sent to investors on Tuesday, June 27th.

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 lowered Fuji Heavy Industries from a buy rating to a hold rating in a research report on Friday, June 2nd.

Fuji Heavy Industries (FUJHY) traded up 0.651% on Tuesday, hitting $18.243. 12,333 shares of the stock traded hands. Fuji Heavy Industries has a 12 month low of $16.26 and a 12 month high of $21.56.

WARNING: This piece was posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are reading this piece on another website, it was illegally copied and republished in violation of US & international copyright laws. The original version of this piece can be read at https://www.chaffeybreeze.com/2017/07/28/fuji-heavy-industries-ltd-fujhy-downgraded-by-zacks-investment-research-to-sell-updated-updated-updated.html.

A number of institutional investors have recently bought and sold shares of FUJHY. Parametric Portfolio Associates LLC boosted its position in shares of Fuji Heavy Industries by 7.0% in the first quarter. Parametric Portfolio Associates LLC now owns 1,030,203 shares of the company’s stock worth $18,925,000 after buying an additional 67,130 shares during the last quarter. Eqis Capital Management Inc. raised its stake in Fuji Heavy Industries by 22.2% in the second quarter. Eqis Capital Management Inc. now owns 28,914 shares of the company’s stock worth $487,000 after buying an additional 5,257 shares during the period. Finally, FNY Partners Fund LP acquired a new stake in Fuji Heavy Industries during the first quarter worth approximately $141,000. 0.11% of the stock is owned by hedge funds and other institutional investors.

About Fuji Heavy Industries

SUBARU CORPORATION, formerly Fuji Heavy Industries Ltd., is a manufacturer of Subaru automobiles. The Company’s segments include Automobiles, Aerospace, Industrial products and Other. The Automobile segment manufactures and sells vehicles and related products. The Aerospace segment manufactures aircrafts, parts of space-related devices.

Get a free copy of the Zacks research report on Fuji Heavy Industries (FUJHY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Fuji Heavy Industries Ltd. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Fuji Heavy Industries Ltd. and related companies with MarketBeat.com’s FREE daily email newsletter.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

16 − 2 =