TD Private Client Wealth LLC Sells 30,186 Shares of Sony Corporation $SONY

TD Private Client Wealth LLC reduced its holdings in Sony Corporation (NYSE:SONYFree Report) by 50.6% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,477 shares of the company’s stock after selling 30,186 shares during the quarter. TD Private Client Wealth LLC’s holdings in Sony were worth $849,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Highline Wealth Partners LLC increased its position in shares of Sony by 46.7% in the third 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 last quarter. Personal CFO Solutions LLC grew its stake in Sony by 1.4% in the 2nd quarter. Personal CFO Solutions LLC now owns 30,463 shares of the company’s stock worth $793,000 after buying an additional 427 shares in the last quarter. Rosenberg Matthew Hamilton increased its holdings in shares of Sony by 4.7% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 9,765 shares of the company’s stock worth $254,000 after buying an additional 442 shares during the last quarter. Sowell Financial Services LLC raised its position in shares of Sony by 3.7% during the 2nd quarter. Sowell Financial Services LLC now owns 13,318 shares of the company’s stock valued at $347,000 after buying an additional 474 shares in the last quarter. Finally, Rossby Financial LCC raised its position in shares of Sony by 2.6% during the 2nd quarter. Rossby Financial LCC now owns 18,897 shares of the company’s stock valued at $492,000 after buying an additional 485 shares in the last quarter. Institutional investors own 14.05% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Zacks Research cut Sony from a “strong-buy” rating to a “hold” rating in a research note on Monday. Nomura upgraded Sony from a “neutral” rating to a “buy” rating in a report on Wednesday, November 19th. Cfra Research raised Sony to a “moderate buy” rating in a report on Friday, October 10th. Wolfe Research raised Sony from a “peer perform” rating to an “outperform” rating in a research note on Wednesday, November 5th. Finally, Wall Street Zen upgraded shares of Sony to a “hold” rating in a report on Saturday, December 6th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $31.50.

Check Out Our Latest Report on Sony

Sony Price Performance

SONY opened at $24.11 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.05 and a quick ratio of 0.98. The stock’s 50 day simple moving average is $27.04 and its 200 day simple moving average is $27.28. The firm has a market cap of $145.83 billion, a price-to-earnings ratio of 18.55, a PEG ratio of 9.21 and a beta of 0.98. Sony Corporation has a 1 year low of $20.30 and a 1 year high of $30.34.

More Sony News

Here are the key news stories impacting Sony this week:

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)

Receive News & Ratings for Sony Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sony and related companies with MarketBeat.com's FREE daily email newsletter.