Meitav Dash Investments Ltd. bought a new position in Sony Corp (NYSE:SNE) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 30,000 shares of the company’s stock, valued at approximately $1,359,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Commonwealth Equity Services Inc bought a new stake in Sony during the 3rd quarter worth about $215,000. Jag Capital Management LLC bought a new stake in Sony during the 4th quarter worth about $11,390,000. Columbia Asset Management grew its holdings in Sony by 5.2% during the 4th quarter. Columbia Asset Management now owns 35,695 shares of the company’s stock worth $1,604,000 after acquiring an additional 1,775 shares during the last quarter. OxFORD Asset Management LLP grew its holdings in Sony by 113.3% during the 3rd quarter. OxFORD Asset Management LLP now owns 308,557 shares of the company’s stock worth $11,522,000 after acquiring an additional 163,905 shares during the last quarter. Finally, Stifel Financial Corp grew its holdings in Sony by 6.3% during the 3rd quarter. Stifel Financial Corp now owns 137,358 shares of the company’s stock worth $5,133,000 after acquiring an additional 8,197 shares during the last quarter. 6.98% of the stock is currently owned by institutional investors and hedge funds.

How to Become a New Pot Stock Millionaire

Sony stock opened at $48.69 on Thursday. The company has a current ratio of 0.92, a quick ratio of 0.80 and a debt-to-equity ratio of 0.16. Sony Corp has a 52-week low of $31.32 and a 52-week high of $53.91. The stock has a market cap of $61,699.49, a PE ratio of 13.23 and a beta of 1.45.

Sony (NYSE:SNE) last released its earnings results on Friday, February 2nd. The company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.15 by $0.74. Sony had a net margin of 6.29% and a return on equity of 15.00%. The company had revenue of $2,672.32 billion for the quarter, compared to the consensus estimate of $2,560.40 billion. During the same period in the prior year, the company posted $15.55 EPS. The company’s revenue was up 11.5% compared to the same quarter last year. equities research analysts anticipate that Sony Corp will post 3.86 earnings per share for the current year.

A number of brokerages have commented on SNE. ValuEngine raised shares of Sony from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. JPMorgan Chase & Co. lowered shares of Sony from an “overweight” rating to a “neutral” rating in a report on Tuesday, January 23rd. Finally, Zacks Investment Research raised shares of Sony from a “hold” rating to a “strong-buy” rating and set a $52.00 price objective on the stock in a report on Tuesday, January 2nd. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $48.19.

COPYRIGHT VIOLATION WARNING: This news story was reported by Watch List News and is the sole property of of Watch List News. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of international copyright laws. The legal version of this news story can be read at https://www.watchlistnews.com/meitav-dash-investments-ltd-buys-shares-of-30000-sony-corp-sne/1957621.html.

Sony 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, Semiconductors, Component, Films, Music, Financial Services and All Other.

Want to see what other hedge funds are holding SNE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sony Corp (NYSE:SNE).

Institutional Ownership by Quarter for Sony (NYSE:SNE)

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.