Personal CFO Solutions LLC Has $528,000 Stock Holdings in Sony Group Co. (NYSE:SONY)

Personal CFO Solutions LLC raised its holdings in Sony Group Co. (NYSE:SONYFree Report) by 23.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 5,581 shares of the company’s stock after acquiring an additional 1,073 shares during the quarter. Personal CFO Solutions LLC’s holdings in Sony Group were worth $528,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Atria Wealth Solutions Inc. raised its stake in Sony Group by 47.7% during the third quarter. Atria Wealth Solutions Inc. now owns 13,131 shares of the company’s stock worth $1,082,000 after buying an additional 4,243 shares during the last quarter. Pathstone Family Office LLC boosted its stake in Sony Group by 9.1% during the third quarter. Pathstone Family Office LLC now owns 16,797 shares of the company’s stock worth $1,384,000 after acquiring an additional 1,406 shares in the last quarter. HighTower Advisors LLC increased its stake in Sony Group by 5.0% in the third quarter. HighTower Advisors LLC now owns 52,266 shares of the company’s stock valued at $4,304,000 after purchasing an additional 2,508 shares in the last quarter. Blair William & Co. IL raised its holdings in shares of Sony Group by 25.4% during the third quarter. Blair William & Co. IL now owns 12,026 shares of the company’s stock valued at $991,000 after purchasing an additional 2,438 shares during the period. Finally, Rock Point Advisors LLC boosted its position in shares of Sony Group by 4.8% during the 3rd quarter. Rock Point Advisors LLC now owns 96,707 shares of the company’s stock worth $7,970,000 after purchasing an additional 4,418 shares in the last quarter. Institutional investors and hedge funds own 14.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on SONY. Macquarie lowered Sony Group from an “outperform” rating to a “neutral” rating in a research report on Thursday, February 15th. Oppenheimer reaffirmed an “outperform” rating and issued a $108.00 price objective on shares of Sony Group in a research note on Monday, February 26th. Finally, StockNews.com raised shares of Sony Group from a “hold” rating to a “buy” rating in a research report on Wednesday, May 22nd. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $108.00.

Get Our Latest Analysis on SONY

Sony Group Stock Down 2.0 %

Sony Group stock opened at $85.45 on Monday. Sony Group Co. has a fifty-two week low of $75.11 and a fifty-two week high of $100.94. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.52 and a current ratio of 0.66. The firm’s 50-day simple moving average is $82.60 and its 200 day simple moving average is $88.28. The stock has a market cap of $105.46 billion, a PE ratio of 15.71 and a beta of 0.95.

Sony Group (NYSE:SONYGet Free Report) last posted its quarterly earnings results on Tuesday, May 14th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.21. Sony Group had a net margin of 7.95% and a return on equity of 13.05%. The company had revenue of $23.45 billion during the quarter, compared to analyst estimates of $18.97 billion. During the same quarter in the prior year, the business earned $0.78 earnings per share. Research analysts predict that Sony Group Co. will post 5.61 EPS for the current fiscal year.

Sony Group Profile

(Free Report)

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.

Further Reading

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

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