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Teachers Retirement System of The State of Kentucky Lowers Stock Position in Sony Corporation $SONY

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Key Points

  • Teachers Retirement System of The State of Kentucky trimmed its Sony stake by 29% in Q4, selling 215,800 shares and finishing with 527,900 shares worth $13.514 million.
  • Analyst sentiment is cautious: Sony has an average MarketBeat rating of Hold with an average price target of $22, and recent downgrades include Sanford C. Bernstein cutting its target to $22 and Weiss Ratings moving to a sell.
  • Sony shares trade around $20.30 with a market cap of $120.7B, a negative P/E of -101.47, and a 52‑week range of $19.74–$30.34, signaling near‑term weakness despite long‑term growth narratives.
  • Five stocks we like better than Sony.

Teachers Retirement System of The State of Kentucky trimmed its stake in Sony Corporation (NYSE:SONY - Free Report) by 29.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 527,900 shares of the company's stock after selling 215,800 shares during the period. Teachers Retirement System of The State of Kentucky's holdings in Sony were worth $13,514,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in SONY. YANKCOM Partnership boosted its position in shares of Sony by 748.7% during the 4th quarter. YANKCOM Partnership now owns 976 shares of the company's stock worth $25,000 after purchasing an additional 861 shares during the period. Ameriflex Group Inc. raised its position in Sony by 304.0% in the third quarter. Ameriflex Group Inc. now owns 1,010 shares of the company's stock valued at $29,000 after purchasing an additional 760 shares during the period. Binnacle Investments Inc lifted its stake in Sony by 81.7% during the third quarter. Binnacle Investments Inc now owns 1,032 shares of the company's stock worth $30,000 after purchasing an additional 464 shares in the last quarter. V Square Quantitative Management LLC purchased a new position in shares of Sony during the fourth quarter worth $27,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of Sony during the third quarter worth $33,000. 14.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SONY has been the topic of several research analyst reports. Sanford C. Bernstein reiterated a "market perform" rating and issued a $22.00 price objective (down from $30.00) on shares of Sony in a report on Tuesday, March 17th. Weiss Ratings cut Sony from a "hold (c-)" rating to a "sell (d+)" rating in a report on Friday, February 20th. Finally, Zacks Research downgraded Sony from a "strong-buy" rating to a "hold" rating in a research report on Monday, January 12th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Sony presently has an average rating of "Hold" and an average price target of $22.00.

Check Out Our Latest Research Report on Sony

Sony Stock Performance

Shares of SONY stock opened at $20.30 on Monday. The firm has a 50 day moving average of $21.30 and a two-hundred day moving average of $24.61. The stock has a market capitalization of $120.74 billion, a PE ratio of -101.47, a P/E/G ratio of 6.77 and a beta of 0.98. The company has a quick ratio of 0.97, a current ratio of 1.22 and a debt-to-equity ratio of 0.10. Sony Corporation has a 52 week low of $19.74 and a 52 week high of $30.34.

Key Headlines Impacting Sony

Here are the key news stories impacting Sony this week:

About Sony

(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.

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Institutional Ownership by Quarter for Sony (NYSE:SONY)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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