SYM FINANCIAL Corp Acquires Shares of 12,540 Sony Group Co. (NYSE:SONY)

SYM FINANCIAL Corp bought a new stake in shares of Sony Group Co. (NYSE:SONY) in the 4th quarter, Holdings Channel reports. The institutional investor bought 12,540 shares of the company’s stock, valued at approximately $265,000.

A number of other large investors also recently made changes to their positions in SONY. General Partner Inc. grew 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 worth $26,000 after buying an additional 996 shares during the period. Hilltop National Bank grew its holdings in Sony Group by 346.3% during the fourth quarter. Hilltop National Bank now owns 1,513 shares of the company’s stock valued at $32,000 after purchasing an additional 1,174 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its stake 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 in the last quarter. Rise Advisors LLC raised its position in shares of Sony Group by 399.1% during the fourth quarter. Rise Advisors LLC now owns 1,747 shares of the company’s stock worth $37,000 after purchasing an additional 1,397 shares during the period. Finally, Pacific Capital Wealth Advisors Inc. grew its position in shares of Sony Group by 400.0% in the 4th quarter. Pacific Capital Wealth Advisors Inc. now owns 1,810 shares of the company’s stock valued at $38,000 after purchasing an additional 1,448 shares during the period. Institutional investors and hedge funds own 14.05% of the company’s stock.

Sony Group Trading Down 1.4 %

Shares of Sony Group stock opened at $22.00 on Monday. The firm’s 50-day moving average price is $20.96 and its two-hundred day moving average price is $13.94. The company has a market capitalization of $133.02 billion, a price-to-earnings ratio of 18.00, a PEG ratio of 11.02 and a beta of 0.95. The company has a quick ratio of 0.49, a current ratio of 0.66 and a debt-to-equity ratio of 0.25. Sony Group Co. has a 12-month low of $15.02 and a 12-month high of $22.71.

Analysts Set New Price Targets

SONY has been the subject of a number of research reports. TD Cowen decreased their price objective on Sony Group from $107.00 to $23.00 and set a “buy” rating for the company in a report on Friday, October 11th. StockNews.com cut shares of Sony Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 19th. Oppenheimer decreased their price objective 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. Finally, Sanford C. Bernstein initiated coverage on shares of Sony Group in a report on Thursday, January 16th. They issued an “outperform” rating on the stock. One 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 company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $24.00.

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.