Atria Investments LLC Sells 9,543 Shares of Sony Group Co. (NYSE:SONY)

Atria Investments LLC lowered its holdings in Sony Group Co. (NYSE:SONYGet Rating) by 18.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,255 shares of the company’s stock after selling 9,543 shares during the period. Atria Investments LLC’s holdings in Sony Group were worth $3,455,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Sequoia Financial Advisors LLC raised its position in shares of Sony Group by 2.1% in the second quarter. Sequoia Financial Advisors LLC now owns 5,610 shares of the company’s stock valued at $459,000 after purchasing an additional 116 shares during the period. Clarius Group LLC grew its stake in Sony Group by 2.5% during the second quarter. Clarius Group LLC now owns 4,920 shares of the company’s stock valued at $402,000 after acquiring an additional 121 shares in the last quarter. 180 Wealth Advisors LLC grew its stake in Sony Group by 3.0% during the second quarter. 180 Wealth Advisors LLC now owns 4,799 shares of the company’s stock valued at $392,000 after acquiring an additional 138 shares in the last quarter. Lindbrook Capital LLC grew its stake in Sony Group by 4.1% during the second quarter. Lindbrook Capital LLC now owns 3,570 shares of the company’s stock valued at $292,000 after acquiring an additional 139 shares in the last quarter. Finally, MUFG Americas Holdings Corp grew its stake in Sony Group by 21.3% during the first quarter. MUFG Americas Holdings Corp now owns 830 shares of the company’s stock valued at $85,000 after acquiring an additional 146 shares in the last quarter. Institutional investors own 7.69% of the company’s stock.

Sony Group Trading Down 0.5 %

NYSE:SONY opened at $80.39 on Monday. The company has a 50-day moving average price of $70.40 and a 200-day moving average price of $79.84. Sony Group Co. has a 12 month low of $61.72 and a 12 month high of $133.75. The company has a current ratio of 0.58, a quick ratio of 0.43 and a debt-to-equity ratio of 0.19. The stock has a market cap of $99.44 billion, a price-to-earnings ratio of 13.18, a P/E/G ratio of 2.62 and a beta of 0.95.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Cowen reduced their price objective on shares of Sony Group from $144.00 to $102.00 in a research note on Wednesday, November 2nd. The Goldman Sachs Group assumed coverage on shares of Sony Group in a research note on Wednesday, September 7th. They set a “neutral” rating for the company. StockNews.com assumed coverage on shares of Sony Group in a research note on Wednesday, October 12th. They set a “hold” rating for the company. Finally, Cowen decreased their price target on shares of Sony Group from $144.00 to $102.00 in a report on Wednesday, November 2nd. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, Sony Group presently has a consensus rating of “Hold” and a consensus price target of $109.67.

Sony Group Profile

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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 and portable game consoles, packaged software, and peripheral devices.

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Institutional Ownership by Quarter for Sony Group (NYSE:SONY)

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