Yousif Capital Management LLC Has $551,000 Holdings in Sony Corporation (NYSE:SONY)

Yousif Capital Management LLC lessened its holdings in Sony Corporation (NYSE:SONY - Free Report) by 77.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,685 shares of the company's stock after selling 73,470 shares during the quarter. Yousif Capital Management LLC's holdings in Sony were worth $551,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Primecap Management Co. CA increased its holdings in Sony by 379.5% in the 4th quarter. Primecap Management Co. CA now owns 101,995,855 shares of the company's stock valued at $2,158,232,000 after buying an additional 80,724,932 shares during the period. Aristotle Capital Management LLC grew its holdings in shares of Sony by 393.7% in the 4th quarter. Aristotle Capital Management LLC now owns 52,771,882 shares of the company's stock worth $1,116,653,000 after purchasing an additional 42,083,842 shares during the last quarter. Fisher Asset Management LLC grew its holdings in shares of Sony by 425.9% in the 4th quarter. Fisher Asset Management LLC now owns 45,420,092 shares of the company's stock worth $961,089,000 after purchasing an additional 36,783,737 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Sony by 377.7% in the 4th quarter. Bank of America Corp DE now owns 23,804,970 shares of the company's stock worth $503,713,000 after purchasing an additional 18,821,902 shares during the last quarter. Finally, Fiduciary Management Inc. WI grew its holdings in shares of Sony by 377.2% in the 4th quarter. Fiduciary Management Inc. WI now owns 10,320,498 shares of the company's stock worth $218,382,000 after purchasing an additional 8,157,776 shares during the last quarter. Institutional investors own 14.05% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on SONY shares. Wall Street Zen lowered shares of Sony from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. The Goldman Sachs Group started coverage on shares of Sony in a report on Tuesday, March 25th. They issued a "buy" rating on the stock. Finally, Wolfe Research reaffirmed a "peer perform" rating on shares of Sony in a report on Monday, April 7th. Two investment 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 company. According to data from MarketBeat.com, Sony presently has an average rating of "Moderate Buy" and an average target price of $28.00.

Sony Price Performance

NYSE SONY traded down $1.17 on Friday, hitting $24.71. 8,333,080 shares of the company were exchanged, compared to its average volume of 4,351,939. The firm has a 50 day moving average of $25.36 and a two-hundred day moving average of $23.59. The company has a market cap of $149.42 billion, a P/E ratio of 20.02, a P/E/G ratio of 11.89 and a beta of 0.96. The company has a current ratio of 0.70, a quick ratio of 0.57 and a debt-to-equity ratio of 0.24. Sony Corporation has a 1-year low of $15.96 and a 1-year high of $26.95.

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.