Householder Group Estate & Retirement Specialist LLC Has $61,000 Stock Holdings in Sony Group Co. (NYSE:SONY)

Householder Group Estate & Retirement Specialist LLC lifted its holdings in Sony Group Co. (NYSE:SONY) by 345.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,901 shares of the company’s stock after acquiring an additional 2,250 shares during the quarter. Householder Group Estate & Retirement Specialist LLC’s holdings in Sony Group were worth $61,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Mediolanum International Funds Ltd acquired a new stake in Sony Group during the third quarter valued at $109,462,000. Fisher Asset Management LLC boosted its position in Sony Group by 12.7% during the third quarter. Fisher Asset Management LLC now owns 8,636,355 shares of the company’s stock valued at $834,013,000 after purchasing an additional 972,075 shares during the last quarter. Marshall Wace LLP boosted its position in Sony Group by 8,495.0% during the second quarter. Marshall Wace LLP now owns 848,414 shares of the company’s stock valued at $72,073,000 after purchasing an additional 838,543 shares during the last quarter. Park Avenue Securities LLC boosted its position in Sony Group by 515.7% during the fourth quarter. Park Avenue Securities LLC now owns 333,245 shares of the company’s stock valued at $7,051,000 after purchasing an additional 279,124 shares during the last quarter. Finally, Sanctuary Advisors LLC boosted its position in Sony Group by 601.1% during the third quarter. Sanctuary Advisors LLC now owns 257,329 shares of the company’s stock valued at $24,850,000 after purchasing an additional 220,628 shares during the last quarter. Institutional investors and hedge funds own 14.05% of the company’s stock.

Sony Group Trading Up 1.5 %

Sony Group stock opened at $20.64 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. The business’s 50-day simple moving average is $20.45 and its 200-day simple moving average is $12.63. The firm has a market capitalization of $124.79 billion, a PE ratio of 16.89, a PEG ratio of 12.41 and a beta of 0.95. Sony Group Co. has a 52 week low of $15.02 and a 52 week high of $22.71.

Wall Street Analysts Forecast Growth

SONY has been the subject of a number of research reports. StockNews.com cut Sony Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 19th. Sanford C. Bernstein initiated coverage on Sony Group in a research report on Thursday. They issued an “outperform” rating for the company. TD Cowen reduced their price target on Sony Group from $107.00 to $23.00 and set a “buy” rating for the company in a research report on Friday, October 11th. Finally, Oppenheimer reduced their price target on Sony Group from $108.00 to $25.00 and set an “outperform” rating for the company in a research report on Tuesday, November 12th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus 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.