11,094 Shares in Sony Group Co. (NYSE:SONY) Acquired by Simon Quick Advisors LLC

Simon Quick Advisors LLC acquired a new stake in Sony Group Co. (NYSE:SONY) in the fourth quarter, Holdings Channel reports. The fund acquired 11,094 shares of the company’s stock, valued at approximately $235,000.

Other institutional investors also recently modified their holdings of the company. General Partner Inc. raised its holdings in Sony Group by 400.0% during the fourth 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 last quarter. Hilltop National Bank lifted its position in Sony Group by 346.3% in the 4th quarter. Hilltop National Bank now owns 1,513 shares of the company’s stock valued at $32,000 after acquiring an additional 1,174 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted 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 purchasing an additional 1,204 shares during the last quarter. Rise Advisors LLC increased its holdings in Sony Group by 399.1% during the 4th quarter. Rise Advisors LLC now owns 1,747 shares of the company’s stock worth $37,000 after purchasing an additional 1,397 shares in the last quarter. Finally, Global Financial Private Client LLC grew its holdings in Sony Group by 302.9% during the fourth quarter. Global Financial Private Client LLC now owns 1,950 shares of the company’s stock worth $41,000 after buying an additional 1,466 shares in the last quarter. 14.05% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

SONY has been the topic of a number of research analyst reports. StockNews.com downgraded Sony Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, November 19th. TD Cowen decreased their price target on shares of Sony Group from $107.00 to $23.00 and set a “buy” rating for the company in a research note on Friday, October 11th. Sanford C. Bernstein initiated coverage on Sony Group in a research note on Thursday, January 16th. They issued an “outperform” rating on the stock. Finally, Oppenheimer lowered their target price on Sony Group from $108.00 to $25.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 12th. One equities 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 company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $24.00.

Sony Group Price Performance

Shares of NYSE SONY opened at $20.83 on Friday. 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 Co. has a fifty-two week low of $15.02 and a fifty-two week high of $22.71. The stock has a market cap of $125.94 billion, a PE ratio of 17.04, a price-to-earnings-growth ratio of 13.02 and a beta of 0.95. The stock has a fifty day moving average of $20.68 and a 200-day moving average of $13.17.

Sony Group 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.