14,456 Shares in Sony Group Co. (NYSE:SONY) Purchased by Certior Financial Group LLC

Certior Financial Group LLC purchased a new stake in Sony Group Co. (NYSE:SONY) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 14,456 shares of the company’s stock, valued at approximately $306,000.

Other hedge funds have also recently bought and sold shares of the company. Silicon Valley Capital Partners increased its stake 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 purchasing an additional 927 shares during the last quarter. General Partner Inc. raised its stake 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 buying an additional 996 shares during the period. Newbridge Financial Services Group Inc. acquired a new stake in shares of Sony Group in the fourth quarter valued at approximately $26,000. Fairscale Capital LLC lifted its position in shares of Sony Group by 400.0% in the fourth quarter. Fairscale Capital LLC now owns 1,240 shares of the company’s stock valued at $26,000 after buying an additional 992 shares during the last quarter. Finally, Accent Capital Management LLC lifted its position in shares of Sony Group by 400.0% in the fourth quarter. Accent Capital Management LLC now owns 1,380 shares of the company’s stock valued at $29,000 after buying an additional 1,104 shares during the last quarter. 14.05% of the stock is currently owned by institutional investors.

Sony Group Stock Down 6.7 %

SONY stock opened at $21.81 on Monday. Sony Group Co. has a fifty-two week low of $15.02 and a fifty-two week high of $25.78. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.66 and a quick ratio of 0.49. The stock has a market capitalization of $131.90 billion, a price-to-earnings ratio of 17.70, a PEG ratio of 9.95 and a beta of 0.94. The business’s fifty day moving average price is $23.90 and its two-hundred day moving average price is $20.44.

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 business had revenue of $28.95 billion during 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%. On average, equities analysts anticipate that Sony Group Co. will post 1.23 earnings per share for the current year.

Analysts Set New Price Targets

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

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.