Personal CFO Solutions LLC Has $635,000 Position in Sony Group Co. (NYSE:SONY)

Personal CFO Solutions LLC grew its position in Sony Group Co. (NYSE:SONY) by 416.6% during the 4th quarter, HoldingsChannel reports. The firm owned 29,987 shares of the company’s stock after purchasing an additional 24,182 shares during the quarter. Personal CFO Solutions LLC’s holdings in Sony Group were worth $635,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Silicon Valley Capital Partners boosted its stake in Sony Group by 401.3% in the 4th quarter. Silicon Valley Capital Partners now owns 1,158 shares of the company’s stock worth $25,000 after purchasing an additional 927 shares during the period. General Partner Inc. raised its position in Sony Group by 400.0% in the 4th quarter. General Partner Inc. now owns 1,245 shares of the company’s stock valued at $26,000 after buying an additional 996 shares during the last quarter. Newbridge Financial Services Group Inc. bought a new stake in Sony Group in the 4th quarter valued at approximately $26,000. Hilltop National Bank boosted its position in Sony Group by 346.3% during the 4th quarter. Hilltop National Bank now owns 1,513 shares of the company’s stock worth $32,000 after acquiring an additional 1,174 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of 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 worth $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.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on SONY. StockNews.com downgraded Sony Group from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Oppenheimer reissued an “outperform” rating and issued a $33.00 target price (up from $25.00) on shares of Sony Group in a research note on Thursday, February 20th. Finally, Sanford C. Bernstein assumed coverage on shares of Sony Group in a research note on Thursday, January 16th. They issued an “outperform” rating for the company. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $28.00.

Sony Group Stock Performance

Shares of SONY stock opened at $24.13 on Monday. The firm has a market capitalization of $145.90 billion, a price-to-earnings ratio of 19.58, a PEG ratio of 9.95 and a beta of 0.91. The company has a current ratio of 0.66, a quick ratio of 0.49 and a debt-to-equity ratio of 0.25. The business’s 50-day moving average price is $22.45 and its 200-day moving average price is $17.52. Sony Group Co. has a 12 month low of $15.02 and a 12 month high of $25.64.

Sony Group (NYSE:SONY) last issued its quarterly earnings data 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. The company had revenue of $28.95 billion for the quarter, compared to analysts’ expectations of $24.32 billion. Sony Group had a net margin of 8.21% and a return on equity of 14.10%. Equities research analysts forecast that Sony Group Co. will post 1.23 EPS for the current year.

About Sony Group

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.