Sony Group Co. (NYSE:SONY) Holdings Raised by Rise Advisors LLC

Rise Advisors LLC increased its stake in Sony Group Co. (NYSE:SONY) by 399.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,747 shares of the company’s stock after purchasing an additional 1,397 shares during the quarter. Rise Advisors LLC’s holdings in Sony Group were worth $37,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SONY. Diversified Trust Co increased its stake in shares of Sony Group by 406.6% during the fourth quarter. Diversified Trust Co now owns 10,715 shares of the company’s stock valued at $227,000 after acquiring an additional 8,600 shares during the period. Doliver Advisors LP boosted its stake in Sony Group by 397.3% during the 4th quarter. Doliver Advisors LP now owns 83,730 shares of the company’s stock valued at $1,772,000 after purchasing an additional 66,894 shares in the last quarter. Central Pacific Bank Trust Division boosted its stake in Sony Group by 275.4% during the 4th quarter. Central Pacific Bank Trust Division now owns 105,500 shares of the company’s stock valued at $2,232,000 after purchasing an additional 77,400 shares in the last quarter. General Partner Inc. increased its position in shares of Sony Group by 400.0% during the 4th quarter. General Partner Inc. now owns 1,245 shares of the company’s stock valued at $26,000 after purchasing an additional 996 shares during the period. Finally, GAMMA Investing LLC raised its stake in shares of Sony Group by 476.9% in the 4th quarter. GAMMA Investing LLC now owns 32,138 shares of the company’s stock worth $680,000 after buying an additional 26,567 shares in the last quarter. Institutional investors own 14.05% of the company’s stock.

Analyst Upgrades and Downgrades

SONY has been the topic of a number of research analyst reports. Oppenheimer lowered their target price on Sony Group from $108.00 to $25.00 and set an “outperform” rating on the stock in a report on Tuesday, November 12th. StockNews.com cut shares of Sony Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, November 19th. TD Cowen dropped their target price on shares of Sony Group from $107.00 to $23.00 and set a “buy” rating on the stock in a report on Friday, October 11th. Finally, Daiwa America upgraded shares of Sony Group to a “strong-buy” rating in a report on Wednesday, September 18th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $24.00.

Sony Group Trading Up 0.5 %

Shares of NYSE:SONY traded up $0.11 during midday trading on Tuesday, reaching $21.01. The company had a trading volume of 1,424,359 shares, compared to its average volume of 2,428,162. The company has a fifty day simple moving average of $20.02 and a two-hundred day simple moving average of $11.61. The firm has a market cap of $127.06 billion, a price-to-earnings ratio of 17.19, a price-to-earnings-growth ratio of 13.74 and a beta of 0.95. Sony Group Co. has a 1-year low of $15.02 and a 1-year high of $22.71. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.49 and a current ratio of 0.66.

Sony Group 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.