Diversified Trust Co Lowers Holdings in Sony Corporation $SONY

Diversified Trust Co cut its holdings in Sony Corporation (NYSE:SONY) by 7.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,176 shares of the company’s stock after selling 878 shares during the period. Diversified Trust Co’s holdings in Sony were worth $265,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in SONY. Capital Investment Advisory Services LLC lifted its holdings in shares of Sony by 3.1% in the first quarter. Capital Investment Advisory Services LLC now owns 12,977 shares of the company’s stock worth $329,000 after buying an additional 392 shares in the last quarter. Stonegate Investment Group LLC lifted its stake in Sony by 2.6% in the 1st quarter. Stonegate Investment Group LLC now owns 16,898 shares of the company’s stock worth $429,000 after purchasing an additional 433 shares in the last quarter. Hexagon Capital Partners LLC lifted its stake in Sony by 9.0% in the 1st quarter. Hexagon Capital Partners LLC now owns 5,333 shares of the company’s stock worth $135,000 after purchasing an additional 442 shares in the last quarter. First Foundation Advisors lifted its stake in Sony by 3.4% in the 1st quarter. First Foundation Advisors now owns 14,543 shares of the company’s stock worth $369,000 after purchasing an additional 478 shares in the last quarter. Finally, Naviter Wealth LLC lifted its position in shares of Sony by 0.4% in the first quarter. Naviter Wealth LLC now owns 138,840 shares of the company’s stock worth $3,483,000 after buying an additional 530 shares in the last quarter. 14.05% of the stock is owned by hedge funds and other institutional investors.

Sony Price Performance

NYSE:SONY opened at $29.36 on Thursday. The company has a current ratio of 1.09, a quick ratio of 1.03 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $177.58 billion, a P/E ratio of 23.30 and a beta of 0.94. Sony Corporation has a 12 month low of $17.42 and a 12 month high of $30.25. The business’s 50-day moving average is $27.14 and its 200 day moving average is $25.66.

Sony (NYSE:SONY) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.06. The business had revenue of $17.79 billion for the quarter, compared to analysts’ expectations of $18.88 billion. Sony had a return on equity of 13.88% and a net margin of 9.14%.During the same period in the prior year, the firm earned $189.90 EPS. Sony has set its FY 2025 guidance at EPS. On average, equities research analysts forecast that Sony Corporation will post 1.23 earnings per share for the current fiscal year.

About Sony

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.