O Brien Greene & Co. Inc Makes New $5.47 Million Investment in Sony Corporation $SONY

O Brien Greene & Co. Inc acquired a new position in shares of Sony Corporation (NYSE:SONYFree Report) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 189,928 shares of the company’s stock, valued at approximately $5,468,000. Sony accounts for approximately 1.7% of O Brien Greene & Co. Inc’s investment portfolio, making the stock its 25th biggest position.

Several other large investors have also recently made changes to their positions in the company. Sound Income Strategies LLC acquired a new stake in Sony during the third quarter valued at $25,000. NewSquare Capital LLC purchased a new stake in shares of Sony during the 2nd quarter worth about $28,000. GPS Wealth Strategies Group LLC boosted its stake in shares of Sony by 220.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,148 shares of the company’s stock worth $30,000 after acquiring an additional 790 shares in the last quarter. Country Trust Bank purchased a new position in shares of Sony in the 2nd quarter valued at about $30,000. Finally, Highline Wealth Partners LLC raised its holdings in Sony by 46.7% in the 3rd quarter. Highline Wealth Partners LLC now owns 1,316 shares of the company’s stock worth $38,000 after purchasing an additional 419 shares during the period. 14.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have commented on SONY. Weiss Ratings lowered Sony from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday. Zacks Research lowered Sony from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Wall Street Zen raised shares of Sony to a “hold” rating in a report on Saturday, December 6th. Nomura upgraded shares of Sony from a “neutral” rating to a “buy” rating in a research report on Wednesday, November 19th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $30.00 target price (down previously from $33.00) on shares of Sony in a research report on Wednesday, January 14th. Five analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $30.00.

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Sony News Roundup

Here are the key news stories impacting Sony this week:

Sony Trading Down 1.3%

Shares of SONY stock opened at $21.65 on Tuesday. The company has a current ratio of 1.22, a quick ratio of 0.97 and a debt-to-equity ratio of 0.10. Sony Corporation has a twelve month low of $20.42 and a twelve month high of $30.34. The company’s 50-day moving average price is $23.94 and its 200-day moving average price is $26.90. The stock has a market cap of $130.96 billion, a price-to-earnings ratio of -108.26, a PEG ratio of 7.79 and a beta of 0.97.

Sony Profile

(Free Report)

Sony Group Corporation (NYSE: SONY) is a Japanese multinational conglomerate headquartered in Minato, Tokyo. Founded in 1946 by Masaru Ibuka and Akio Morita, Sony has grown from an electronics maker into a diversified global company with operations spanning consumer electronics, entertainment, gaming, semiconductors and financial services. The company’s shares trade in Japan and its American Depositary Receipts trade on the New York Stock Exchange under the ticker SONY.

Sony’s primary businesses include Electronics Products & Solutions, which covers televisions, audio equipment, digital cameras and professional broadcast systems; Game & Network Services, anchored by the PlayStation platform, consoles, software and online services; Music and Pictures, through Sony Music Entertainment and Sony Pictures Entertainment, producing, distributing and licensing recorded music, film and television content; Imaging & Sensing Solutions, which develops CMOS image sensors and other semiconductor components; and Financial Services, offering life insurance, banking and other financial products in Japan.

See Also

Institutional Ownership by Quarter for Sony (NYSE:SONY)

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