Natixis Advisors LLC has reduced its holdings in Sony Corporation by 6.7%, owning approximately 2,058,398 shares valued at $52.26 million after selling 148,514 shares in the first quarter. Overall, 14.05% of Sony's stock is owned by institutional investors and hedge funds, with several funds increasing their positions during the same quarter. Analysts have downgraded Sony from a \"buy\" to a \"hold\" rating, with an average price target of $28.00 and a current rating of \"Moderate Buy.\" Natixis Advisors LLC trimmed its holdings in shares of Sony Corporation ( - ) by 6.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,058,398 shares of the company's stock after selling 148,514 shares during the quarter. Natixis Advisors LLC's holdings in Sony were worth $52,263,000 at the end of the most recent quarter. Several other hedge funds have also recently bought and sold shares of SONY. Capital Investment Advisory Services LLC grew its position 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 valued at $329,000 after purchasing an additional 392 shares during the last quarter. Stonegate Investment Group LLC grew its stake in shares of Sony by 2.6% in the 1st quarter. Stonegate Investment Group LLC now owns 16,898 shares of the company's stock valued at $429,000 after purchasing an additional 433 shares during the period. Hexagon Capital Partners LLC boosted its holdings in shares of 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 acquiring an additional 442 shares in the last quarter. First Foundation Advisors boosted its holdings in shares of 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 acquiring an additional 478 shares in the last quarter. Finally, Naviter Wealth LLC lifted its holdings in Sony by 0.4% during the 1st 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 institutional investors and hedge funds. Get Sony alerts: Sign Up Analysts Set New Price Targets Several research analysts have issued reports on the company. downgraded Sony from a \"buy\" rating to a \"hold\" rating in a report on Thursday, May 22nd. Wolfe Research reaffirmed a \"peer perform\" rating on shares of Sony in a report on Monday, April 7th. Two equities research 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 stock. Based on data from MarketBeat, Sony currently has an average rating of \"Moderate Buy\" and an average target price of $28.00. Sony Stock Performance opened at $24.31 on Friday. The business's fifty day moving average is $25.41 and its 200-day moving average is $24.31. The company has a quick ratio of 0.57, a current ratio of 0.70 and a debt-to-equity ratio of 0.24. The company has a market cap of $147.04 billion, a P/E ratio of 19.70, a price-to-earnings-growth ratio of 11.81 and a beta of 0.94. Sony Corporation has a twelve month low of $15.96 and a twelve month high of $26.94. 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.

Natixis Advisors LLC Has $52.26 Million Stake in Sony Corporation (NYSE:SONY)

Natixis Advisors LLC reduced its holdings in Sony Corporation by 6.7%, owning approximately $52.26 million worth of shares after selling 148,514 shares in the first quarter. Analysts downgraded Sony from a 'buy' to a 'hold' rating, with an average price target of $28.00. Other hedge funds also adjusted their positions in Sony's stock, while the company's financial metrics and global operations were detailed.