Bank Of New York Mellon Corp Stake in Sony Corp (SNE) Decreased by $58.73 Million as Shares Rose

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According to 2018Q2 SEC form the Bank Of New York Mellon Corp reduced its stake in Sony Corp (SNE) by 82.49%. The company’s stock rose 15.36% with the market as Bank Of New York Mellon Corp sold 1.15 million shares. The consumer electronics and appliances company at the end of 2018Q2 was valued at $12.53 million. It’s down from 1.40M at the end of the previous reported quarter. Now it had 244,486 shares held by the institutional investor . Bank Of New York Mellon Corp has risen its stake in and also increased its holding in by shares in the quarter, for a total of shares.

On February, 1 Sony Corporation (NYSE:SNE)’s earnings report is awaited by WallStreet, according to RTT. Analysts have anticipation on stock’s earnings per share of $1.90. That’s up 0.53 % from last year’s $1.89 earnings per share. SNE’s profit could reach $2.39 billion if the current earnings per share of $1.90 is accurate. Last quarter $1.20 earnings per share was reported. Analysts sees 58.33 % EPS growth this quarter.

For more Sony Corporation (NYSE:SNE) news published briefly go to: Seekingalpha.com, Investorplace.com, Fool.com, 247Wallst.com or Livetradingnews.com. The titles are as follows: “‘Grinch’ steals box-office lead; ‘Venom’ blows up in China – Seeking Alpha” published on November 12, 2018, “7 Video Game Stocks on Steep Discount – Investorplace.com” on November 21, 2018, “Why Sony Is Up 15% So Far in 2018 – The Motley Fool” with a publish date: November 18, 2018, “Top Analyst Upgrades and Downgrades: Dollar Tree, Goldman Sachs, Palo Alto Networks, Sony, Under Armour and More – 24/7 Wall St.” and the last “Box Office: Family Films Dominate, ‘Ralph Breaks the Internet’ Wins Again With $25.8-M – Live Trading News” with publication date: December 02, 2018.

Sony Corporation (NYSE:SNE) Ratings Coverage

In total 3 analysts cover Sony (NYSE:SNE). “Buy” rating has 3, “Sell” are 0, while 0 are “Hold”. (NYSE:SNE) has 100% bullish analysts. 3 are the (NYSE:SNE)’s ratings reports on Dec 8, 2018 according to StockzIntelligence Inc. On Friday, November 30 the stock of Sony Corporation (NYSE:SNE) has “Buy” rating given by Citigroup. On Friday, November 30 the stock has “Buy” rating by JP Morgan. On Monday, September 10 the firm earned “Outperform” rating by Credit Suisse.

Sony Corporation (NYSE:SNE) Analyst Ratings Chart

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