Sony Corp Ord (SNE) Stake Increased by KEYWISE CAPITAL MANAGEMENT Ltd

KEYWISE CAPITAL MANAGEMENT Ltd raised its stake in Sony Corp Ord (NYSE:SNE) by 79.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,000 shares of the company’s stock after buying an additional 5,300 shares during the period. Sony Corp Ord comprises about 0.3% of KEYWISE CAPITAL MANAGEMENT Ltd’s portfolio, making the stock its 16th largest position. KEYWISE CAPITAL MANAGEMENT Ltd’s holdings in Sony Corp Ord were worth $458,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of SNE. NGAM Advisors L.P. raised its stake in Sony Corp Ord by 2.1% in the second quarter. NGAM Advisors L.P. now owns 164,799 shares of the company’s stock valued at $6,294,000 after buying an additional 3,426 shares during the last quarter. Ferguson Wellman Capital Management Inc. raised its stake in Sony Corp Ord by 38.3% in the second quarter. Ferguson Wellman Capital Management Inc. now owns 239,510 shares of the company’s stock valued at $9,147,000 after buying an additional 66,375 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in Sony Corp Ord during the second quarter valued at approximately $268,000. Greenleaf Trust raised its stake in Sony Corp Ord by 1.9% in the second quarter. Greenleaf Trust now owns 10,822 shares of the company’s stock valued at $413,000 after buying an additional 197 shares during the last quarter. Finally, US Bancorp DE raised its stake in Sony Corp Ord by 5.5% in the second quarter. US Bancorp DE now owns 105,642 shares of the company’s stock valued at $4,034,000 after buying an additional 5,510 shares during the last quarter. 6.94% of the stock is currently owned by institutional investors and hedge funds.

Sony Corp Ord (NYSE SNE) opened at 38.77 on Friday. Sony Corp Ord has a one year low of $27.72 and a one year high of $41.65. The firm has a 50-day moving average of $39.67 and a 200 day moving average of $35.34. The stock has a market capitalization of $48.97 billion, a PE ratio of 41.38 and a beta of 1.73.

Sony Corp Ord (NYSE:SNE) last released its quarterly earnings results on Tuesday, August 1st. The company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.08. The business had revenue of $1,858.10 billion for the quarter, compared to analysts’ expectations of $1,735.86 billion. Sony Corp Ord had a net margin of 1.67% and a return on equity of 4.17%. The company’s revenue was up 15.2% compared to the same quarter last year. During the same period last year, the business earned $16.44 EPS. On average, equities research analysts anticipate that Sony Corp Ord will post $2.18 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This piece of content was first published by Community Financial News and is the sole property of of Community Financial News. If you are accessing this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.com-unik.info/2017/08/19/sony-corp-ord-sne-shares-bought-by-keywise-capital-management-ltd-updated-updated.html.

Several research firms recently commented on SNE. Zacks Investment Research raised shares of Sony Corp Ord from a “hold” rating to a “strong-buy” rating and set a $47.00 price objective on the stock in a research note on Thursday, August 3rd. Jefferies Group LLC reissued a “buy” rating and set a $45.74 price objective on shares of Sony Corp Ord in a research note on Thursday, August 3rd. BidaskClub lowered shares of Sony Corp Ord from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 8th. Goldman Sachs Group, Inc. (The) reissued a “conviction-buy” rating on shares of Sony Corp Ord in a research note on Monday, May 1st. Finally, Sanford C. Bernstein started coverage on shares of Sony Corp Ord in a report on Tuesday, April 25th. They issued an “outperform” rating and a $41.00 target price for the company. Five equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $42.31.

Sony Corp Ord Company Profile

Sony Corporation (Sony) is engaged in the development, design, manufacture and sale of various kinds of electronic equipment, instruments and devices for consumer, professional and industrial markets, as well as game consoles and software. The Company’s segments include Mobile Communications, Game & Network Services, Imaging Products & Solutions, Home Entertainment & Sound, Devices, Pictures, Music, Financial Services and All Other.

Institutional Ownership by Quarter for Sony Corp Ord (NYSE:SNE)

What are top analysts saying about Sony Corp Ord? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Sony Corp Ord and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit