Sony Group Co. (NYSE:SONY) Shares Purchased by XY Capital Ltd

XY Capital Ltd boosted its holdings in Sony Group Co. (NYSE:SONY) by 1,850.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 920,534 shares of the company’s stock after purchasing an additional 873,339 shares during the quarter. Sony Group makes up 9.4% of XY Capital Ltd’s portfolio, making the stock its biggest holding. XY Capital Ltd’s holdings in Sony Group were worth $19,478,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in SONY. Silicon Valley Capital Partners increased its holdings in shares of Sony Group by 401.3% during the 4th quarter. Silicon Valley Capital Partners now owns 1,158 shares of the company’s stock worth $25,000 after buying an additional 927 shares during the last quarter. General Partner Inc. grew its position in Sony Group by 400.0% in the fourth quarter. General Partner Inc. now owns 1,245 shares of the company’s stock valued at $26,000 after acquiring an additional 996 shares in the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in Sony Group in the fourth quarter valued at approximately $26,000. Hilltop National Bank grew its position in Sony Group by 346.3% in the fourth 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. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position 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 acquiring an additional 1,204 shares in the last quarter. 14.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

SONY has been the subject of several recent research reports. StockNews.com downgraded shares of Sony Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 19th. Sanford C. Bernstein assumed coverage on Sony Group in a research note on Thursday, January 16th. They set an “outperform” rating for the company. Finally, Oppenheimer lowered their price objective on Sony Group from $108.00 to $25.00 and set an “outperform” rating for the company in a research note on Tuesday, November 12th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $24.00.

Sony Group Price Performance

Shares of NYSE SONY opened at $22.57 on Monday. The business’s fifty day moving average price is $21.25 and its two-hundred day moving average price is $14.60. The firm has a market capitalization of $136.47 billion, a PE ratio of 18.47, a P/E/G ratio of 11.46 and a beta of 0.96. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.66 and a quick ratio of 0.49. Sony Group Co. has a 1-year low of $15.02 and a 1-year high of $23.05.

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.