Fuji Heavy Industries Ltd. (OTCMKTS:FUJHY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Friday.

Shares of Fuji Heavy Industries (OTCMKTS:FUJHY) traded up 2.013% on Friday, hitting $20.576. The stock had a trading volume of 12,114 shares. The company has a 50 day moving average of $43.61 and a 200-day moving average of $66.20. Fuji Heavy Industries has a 12-month low of $17.79 and a 12-month high of $84.85.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. CENTRAL TRUST Co boosted its position 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. Boston Advisors LLC boosted its position in Fuji Heavy Industries by 0.9% in the third quarter. Boston Advisors LLC now owns 4,440 shares of the company’s stock worth $329,000 after buying an additional 40 shares during the last quarter. Teachers Retirement System of The State of Kentucky bought a new position in Fuji Heavy Industries during the second quarter worth $2,833,000. Todd Asset Management LLC bought a new position in Fuji Heavy Industries during the second quarter worth $2,833,000. Finally, Scout Investments Inc. boosted its position in Fuji Heavy Industries by 22.7% in the third quarter. Scout Investments Inc. now owns 52,215 shares of the company’s stock worth $3,872,000 after buying an additional 9,675 shares during the last quarter.

About Fuji Heavy Industries

Fuji Heavy Industries Ltd. is a manufacturer of Subaru automobiles. The Company’s segments include Automobiles, Aerospace, Industrial Products and Other. The Company’s principle business includes Aerospace Company, Industrial Products Company and Subaru Automotive business. The Company’s Automobile segment manufactures and sells vehicles and related products.

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