Blair William & Co. IL lifted its position in shares of Sony Group Co. (NYSE:SONY - Free Report) by 378.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,237 shares of the company's stock after acquiring an additional 18,376 shares during the period. Blair William & Co. IL's holdings in Sony Group were worth $492,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently modified their holdings of SONY. Silicon Valley Capital Partners grew its position in shares of Sony Group by 401.3% in the 4th quarter. Silicon Valley Capital Partners now owns 1,158 shares of the company's stock valued at $25,000 after buying an additional 927 shares during the last quarter. Newbridge Financial Services Group Inc. acquired a new position in shares of Sony Group during the fourth quarter worth approximately $26,000. Fairscale Capital LLC lifted its stake in shares of Sony Group by 400.0% in the fourth quarter. Fairscale Capital LLC now owns 1,240 shares of the company's stock valued at $26,000 after buying an additional 992 shares in the last quarter. General Partner Inc. lifted its position in Sony Group by 400.0% in the 4th quarter. General Partner Inc. now owns 1,245 shares of the company's stock valued at $26,000 after acquiring an additional 996 shares in the last quarter. Finally, Paradigm Asset Management Co. LLC lifted its holdings in shares of Sony Group by 400.0% in the fourth quarter. Paradigm Asset Management Co. LLC now owns 1,500 shares of the company's stock valued at $32,000 after purchasing an additional 1,200 shares in the last quarter. Institutional investors and hedge funds own 14.05% of the company's stock.
Analyst Ratings Changes
Several research analysts recently weighed in on SONY shares. The Goldman Sachs Group started coverage on shares of Sony Group in a report on Tuesday, March 25th. They set a "buy" rating on the stock. StockNews.com lowered Sony Group from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Wolfe Research reiterated a "peer perform" rating on shares of Sony Group in a report on Monday. Sanford C. Bernstein initiated coverage on Sony Group in a research report on Thursday, January 16th. They issued an "outperform" rating on the stock. Finally, Oppenheimer reiterated an "outperform" rating and set a $33.00 target price (up from $25.00) on shares of Sony Group in a research note on Thursday, February 20th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $28.00.
Read Our Latest Analysis on Sony Group
Sony Group Stock Performance
Shares of SONY traded up $1.68 during mid-day trading on Wednesday, hitting $23.00. The stock had a trading volume of 7,752,606 shares, compared to its average volume of 4,116,590. Sony Group Co. has a 52 week low of $15.02 and a 52 week high of $25.78. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.66 and a quick ratio of 0.49. The business has a fifty day moving average price of $23.91 and a 200-day moving average price of $20.84. The firm has a market cap of $139.10 billion, a P/E ratio of 18.67, a PEG ratio of 9.95 and a beta of 0.94.
Sony Group (NYSE:SONY - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.27 by $0.14. Sony Group had a net margin of 8.21% and a return on equity of 14.10%. The business had revenue of $28.95 billion for the quarter, compared to the consensus estimate of $24.32 billion. On average, equities research analysts expect that Sony Group Co. will post 1.23 EPS for the current year.
Sony Group Profile
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Free Report)
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.
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