11,945 Shares in Sony Group Co. (NYSE:SONY) Acquired by One Wealth Capital Management LLC

One Wealth Capital Management LLC bought a new stake in shares of Sony Group Co. (NYSE:SONY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 11,945 shares of the company’s stock, valued at approximately $253,000.

A number of other institutional investors and hedge funds have also bought and sold shares of SONY. Hexagon Capital Partners LLC increased its holdings in shares of Sony Group by 38.6% in the 3rd quarter. Hexagon Capital Partners LLC now owns 836 shares of the company’s stock valued at $81,000 after acquiring an additional 233 shares during the period. General Partner Inc. boosted its position in shares of 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 purchasing an additional 996 shares in the last quarter. Brown Brothers Harriman & Co. raised its stake in Sony Group by 106.2% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,390 shares of the company’s stock worth $134,000 after acquiring an additional 716 shares during the last quarter. Rise Advisors LLC grew its stake in 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 purchasing an additional 1,397 shares during the last quarter. Finally, Drive Wealth Management LLC acquired a new position in shares of Sony Group in the third quarter valued at about $201,000. 14.05% of the stock is owned by institutional investors.

Sony Group Stock Performance

NYSE:SONY traded up $0.01 during trading hours on Tuesday, reaching $20.91. The company had a trading volume of 2,169,030 shares, compared to its average volume of 2,564,966. 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 1-year low of $15.02 and a 1-year high of $22.71. The business’s 50 day moving average price is $20.02 and its 200-day moving average price is $11.61. The firm has a market cap of $126.46 billion, a PE ratio of 17.11, a price-to-earnings-growth ratio of 13.74 and a beta of 0.95.

Analyst Ratings Changes

A number of brokerages recently commented on SONY. StockNews.com lowered Sony Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 19th. Daiwa America raised shares of Sony Group to a “strong-buy” rating in a report on Wednesday, September 18th. TD Cowen reduced their target price on shares of Sony Group from $107.00 to $23.00 and set a “buy” rating for the company in a report on Friday, October 11th. Finally, Oppenheimer decreased 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 report on Tuesday, November 12th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $24.00.

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.