Sony Group Co. (NYSE:SONY) Shares Bought by Everpar Advisors LLC

Everpar Advisors LLC grew its position in Sony Group Co. (NYSE:SONY) by 405.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 20,879 shares of the company’s stock after acquiring an additional 16,748 shares during the quarter. Everpar Advisors LLC’s holdings in Sony Group were worth $442,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. General Partner Inc. grew its position in Sony Group by 400.0% during 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 during the last quarter. Hilltop National Bank boosted its stake in shares of Sony Group by 346.3% during the fourth quarter. Hilltop National Bank now owns 1,513 shares of the company’s stock worth $32,000 after buying an additional 1,174 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its stake in Sony Group by 400.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,505 shares of the company’s stock valued at $32,000 after acquiring an additional 1,204 shares during the last quarter. Rise Advisors LLC raised 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 acquiring an additional 1,397 shares during the last quarter. Finally, Global Financial Private Client LLC grew its stake in shares of Sony Group by 302.9% in the 4th quarter. Global Financial Private Client LLC now owns 1,950 shares of the company’s stock valued at $41,000 after purchasing an additional 1,466 shares during the last quarter. 14.05% of the stock is owned by institutional investors and hedge funds.

Sony Group Stock Performance

NYSE:SONY opened at $20.36 on Friday. The firm’s fifty day simple moving average is $20.43 and its 200-day simple moving average is $12.44. The company has a quick ratio of 0.49, a current ratio of 0.66 and a debt-to-equity ratio of 0.25. The stock has a market cap of $123.10 billion, a PE ratio of 16.66, a price-to-earnings-growth ratio of 12.41 and a beta of 0.95. Sony Group Co. has a fifty-two week low of $15.02 and a fifty-two week high of $22.71.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on SONY. Oppenheimer decreased their price target on Sony Group from $108.00 to $25.00 and set an “outperform” rating for the company 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 cut their price target 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, Sanford C. Bernstein started coverage on Sony Group in a report on Thursday. They issued an “outperform” rating on the stock. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $24.00.

About Sony Group

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.