Sony Group Co. (NYSE:SONY) Shares Bought by Boston Common Asset Management LLC

Boston Common Asset Management LLC boosted its holdings in Sony Group Co. (NYSE:SONY - Free Report) by 362.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 228,961 shares of the company's stock after buying an additional 179,438 shares during the period. Boston Common Asset Management LLC's holdings in Sony Group were worth $4,845,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SONY. General Partner Inc. boosted its holdings in Sony Group by 400.0% in the 4th quarter. General Partner Inc. now owns 1,245 shares of the company's stock worth $26,000 after acquiring an additional 996 shares during the period. Hilltop National Bank lifted its holdings in Sony Group by 346.3% in the 4th quarter. Hilltop National Bank now owns 1,513 shares of the company's stock worth $32,000 after buying an additional 1,174 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Sony Group by 400.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,505 shares of the company's stock valued at $32,000 after purchasing an additional 1,204 shares during the last quarter. Rise Advisors LLC boosted its stake in shares of Sony Group by 399.1% during the 4th quarter. Rise Advisors LLC now owns 1,747 shares of the company's stock valued at $37,000 after buying an additional 1,397 shares during the last quarter. Finally, Global Financial Private Client LLC grew its holdings in Sony Group by 302.9% during the 4th quarter. Global Financial Private Client LLC now owns 1,950 shares of the company's stock worth $41,000 after acquiring an additional 1,466 shares in the last quarter. Institutional investors and hedge funds own 14.05% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on SONY shares. Sanford C. Bernstein initiated coverage on Sony Group in a report on Thursday. They set an "outperform" rating on the stock. StockNews.com cut Sony Group from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, November 19th. Oppenheimer lowered their target price on shares of Sony Group from $108.00 to $25.00 and set an "outperform" rating for the company in a research note on Tuesday, November 12th. Finally, TD Cowen reduced their price target on shares of Sony Group from $107.00 to $23.00 and set a "buy" rating on the stock in a research report on Friday, October 11th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $24.00.

Sony Group Stock Performance

Shares of NYSE SONY traded up $0.31 during mid-day trading on Friday, hitting $20.64. The company had a trading volume of 2,992,846 shares, compared to its average volume of 2,500,774. The stock has a market cap of $124.79 billion, a price-to-earnings ratio of 16.89, a PEG ratio of 12.41 and a beta of 0.95. The firm's 50 day simple moving average is $20.45 and its two-hundred day simple moving average is $12.56. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.66 and a quick ratio of 0.49. Sony Group Co. has a 12 month low of $15.02 and a 12 month high of $22.71.

Sony Group 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.