BSW Wealth Partners Purchases 12,404 Shares of Sony Corporation (NYSE:SONY)

BSW Wealth Partners increased its position in Sony Corporation (NYSE:SONY - Free Report) by 87.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,662 shares of the company's stock after acquiring an additional 12,404 shares during the period. BSW Wealth Partners' holdings in Sony were worth $677,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of SONY. Capital Analysts LLC grew its holdings in shares of Sony by 400.0% in the fourth quarter. Capital Analysts LLC now owns 1,170 shares of the company's stock worth $25,000 after acquiring an additional 936 shares during the period. Fairscale Capital LLC grew its holdings in shares of Sony by 400.0% in the fourth quarter. Fairscale Capital LLC now owns 1,240 shares of the company's stock worth $26,000 after acquiring an additional 992 shares during the period. Accent Capital Management LLC grew its holdings in shares of Sony by 400.0% in the fourth quarter. Accent Capital Management LLC now owns 1,380 shares of the company's stock worth $29,000 after acquiring an additional 1,104 shares during the period. City Holding Co. bought a new stake in shares of Sony in the first quarter worth $30,000. Finally, Bartlett & CO. Wealth Management LLC bought a new stake in shares of Sony in the first quarter worth $31,000. Institutional investors own 14.05% of the company's stock.

Sony Stock Performance

NYSE:SONY opened at $26.32 on Friday. The stock has a 50-day simple moving average of $25.52 and a two-hundred day simple moving average of $23.72. Sony Corporation has a 52-week low of $15.96 and a 52-week high of $26.95. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.57 and a current ratio of 0.70. The firm has a market capitalization of $159.20 billion, a PE ratio of 21.33, a P/E/G ratio of 12.30 and a beta of 0.96.

Wall Street Analysts Forecast Growth

SONY has been the subject of several research analyst reports. Wall Street Zen lowered Sony from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. The Goldman Sachs Group assumed coverage on Sony in a report on Tuesday, March 25th. They set a "buy" rating for the company. Finally, Wolfe Research reissued a "peer perform" rating on shares of Sony in a report on Monday, April 7th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Sony has a consensus rating of "Moderate Buy" and a consensus price target of $28.00.

Sony Company Profile

Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home gaming consoles, packaged and game software, and peripheral devices.

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