Sony Group Co. (NYSE:SONY) Shares Bought by Cromwell Holdings LLC

Cromwell Holdings LLC raised its position in Sony Group Co. (NYSE:SONY) by 400.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 11,455 shares of the company’s stock after purchasing an additional 9,164 shares during the period. Cromwell Holdings LLC’s holdings in Sony Group were worth $242,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Silicon Valley Capital Partners grew its holdings in Sony Group by 401.3% in the fourth quarter. Silicon Valley Capital Partners now owns 1,158 shares of the company’s stock valued at $25,000 after purchasing an additional 927 shares during the last quarter. General Partner Inc. lifted its position in shares of 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. purchased a new stake in shares of Sony Group in the fourth quarter valued at $26,000. Hilltop National Bank lifted its position in shares of 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. lifted its position in shares of 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. Institutional investors and hedge funds own 14.05% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Sanford C. Bernstein assumed coverage on Sony Group in a research report on Thursday, January 16th. They issued an “outperform” rating on the stock. Oppenheimer restated an “outperform” rating and issued a $33.00 price objective (up from $25.00) on shares of Sony Group in a research report on Thursday. Finally, StockNews.com downgraded Sony Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 19th. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $28.00.

Sony Group Stock Performance

NYSE SONY opened at $24.93 on Friday. The business’s 50-day moving average price is $21.68 and its 200 day moving average price is $15.71. Sony Group Co. has a twelve month low of $15.02 and a twelve month high of $24.95. The company has a market capitalization of $150.74 billion, a PE ratio of 20.23, a price-to-earnings-growth ratio of 9.98 and a beta of 0.96. The company has a current ratio of 0.66, a quick ratio of 0.49 and a debt-to-equity ratio of 0.25.

Sony Group (NYSE:SONY) last released its earnings results on Thursday, February 13th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.14. Sony Group had a return on equity of 14.10% and a net margin of 8.21%. The firm had revenue of $28.95 billion for the quarter, compared to the consensus estimate of $24.32 billion. On average, research analysts predict that Sony Group Co. will post 1.22 earnings per share for the current year.

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.