Sony Group Co. (NYSE:SONY) Stock Holdings Increased by Greenleaf Trust

Greenleaf Trust raised its holdings in shares of Sony Group Co. (NYSE:SONY) by 406.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,128 shares of the company’s stock after acquiring an additional 77,136 shares during the period. Greenleaf Trust’s holdings in Sony Group were worth $2,034,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in SONY. Hexagon Capital Partners LLC raised its stake in shares of Sony Group by 38.6% in the 3rd quarter. Hexagon Capital Partners LLC now owns 836 shares of the company’s stock worth $81,000 after buying an additional 233 shares in the last quarter. General Partner Inc. raised its stake in shares of Sony Group by 400.0% in the 4th quarter. General Partner Inc. now owns 1,245 shares of the company’s stock worth $26,000 after buying an additional 996 shares in the last quarter. Brown Brothers Harriman & Co. raised its stake in shares of Sony Group by 106.2% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,390 shares of the company’s stock worth $134,000 after buying an additional 716 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Sony Group by 400.0% in 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 during the last quarter. Finally, Hilltop National Bank grew its holdings in shares of Sony Group by 346.3% in 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. Institutional investors own 14.05% of the company’s stock.

Sony Group Stock Performance

Shares of SONY stock opened at $22.00 on Monday. Sony Group Co. has a 1-year low of $15.02 and a 1-year high of $22.71. 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 company has a market capitalization of $133.02 billion, a price-to-earnings ratio of 18.00, a P/E/G ratio of 10.96 and a beta of 0.96. The stock’s fifty day simple moving average is $20.96 and its 200-day simple moving average is $13.94.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on SONY shares. Oppenheimer decreased their target price on Sony Group from $108.00 to $25.00 and set an “outperform” rating on the stock in a report on Tuesday, November 12th. Sanford C. Bernstein started coverage on Sony Group in a report on Thursday, January 16th. They issued an “outperform” rating on the stock. StockNews.com cut Sony Group from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 19th. Finally, TD Cowen decreased their target price on Sony Group from $107.00 to $23.00 and set a “buy” rating on the stock in a report on Friday, October 11th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Sony Group currently has an average rating of “Buy” and a consensus target price of $24.00.

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.