Financial Management Professionals Inc. Invests $29,000 in Subaru Co. (OTCMKTS:FUJHY)

Financial Management Professionals Inc. bought a new position in shares of Subaru Co. (OTCMKTS:FUJHY) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,102 shares of the company’s stock, valued at approximately $29,000.

Other hedge funds also recently modified their holdings of the company. SVB Wealth LLC acquired a new stake in Subaru in the 2nd quarter worth about $111,000. Beddow Capital Management Inc. raised its stake in Subaru by 15.5% in the 1st quarter. Beddow Capital Management Inc. now owns 63,443 shares of the company’s stock worth $504,000 after purchasing an additional 8,500 shares in the last quarter. Russell Investments Group Ltd. acquired a new stake in Subaru in the 1st quarter worth about $39,000. Finally, Captrust Financial Advisors raised its stake in Subaru by 179.0% in the 2nd quarter. Captrust Financial Advisors now owns 2,935 shares of the company’s stock worth $26,000 after purchasing an additional 1,883 shares in the last quarter. Institutional investors and hedge funds own 0.01% of the company’s stock.

Subaru Stock Up 0.7 %

FUJHY stock opened at $10.23 on Friday. Subaru Co. has a 12 month low of $7.26 and a 12 month high of $10.24. The firm has a market cap of $15.70 billion, a P/E ratio of 8.53, a P/E/G ratio of 0.32 and a beta of 0.64. The company’s 50-day moving average price is $9.34 and its two-hundred day moving average price is $8.72.

Subaru (OTCMKTS:FUJHY) last released its earnings results on Wednesday, August 2nd. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.27 by $0.08. Subaru had a net margin of 6.13% and a return on equity of 12.01%. The firm had revenue of $7.88 billion for the quarter. Equities analysts predict that Subaru Co. will post 1.36 EPS for the current year.

Analyst Ratings Changes

Separately, Nomura cut shares of Subaru from a “buy” rating to a “neutral” rating in a research note on Monday, August 7th.

Subaru 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.