Zacks Investment Research upgraded shares of Fuji Heavy Industries Ltd. (OTCMKTS:FUJHY) from a hold rating to a strong-buy rating in a report published on Wednesday morning. They currently have $85.00 price objective on the stock.
Fuji Heavy Industries (OTCMKTS:FUJHY) traded down 1.70% during midday trading on Wednesday, hitting $75.27. 514 shares of the stock were exchanged. Fuji Heavy Industries has a 12-month low of $61.09 and a 12-month high of $84.85. The stock has a market cap of $29.37 billion and a price-to-earnings ratio of 6.89. The firm has a 50 day moving average of $76.74 and a 200-day moving average of $72.12.
A number of large investors have recently bought and sold shares of FUJHY. Todd Asset Management LLC bought a new stake in Fuji Heavy Industries during the second quarter worth about $2,833,000. Glenmede Trust Co. NA boosted its stake in Fuji Heavy Industries by 9.8% in the second quarter. Glenmede Trust Co. NA now owns 100,224 shares of the company’s stock worth $6,795,000 after buying an additional 8,922 shares during the last quarter. CENTRAL TRUST Co boosted its stake in Fuji Heavy Industries by 9.8% in the second quarter. CENTRAL TRUST Co now owns 1,890 shares of the company’s stock worth $128,000 after buying an additional 169 shares during the last quarter. Parametric Portfolio Associates LLC boosted its stake in Fuji Heavy Industries by 2.0% in the second quarter. Parametric Portfolio Associates LLC now owns 214,924 shares of the company’s stock worth $14,707,000 after buying an additional 4,213 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky bought a new stake in Fuji Heavy Industries during the second quarter worth about $2,833,000.
About Fuji Heavy Industries
Fuji Heavy Industries Ltd. is engaged in the manufacture, repair and sale of automobile parts, transportation-related products and industrial product parts. The Company’s segments include Automobiles, Aerospace, Industrial Products and Other. Its principal business includes Aerospace Company, Industrial Products Company and Subaru Automotive business.
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