Henry James International Management Inc. Has $11.07 Million Stock Holdings in Sony Group Co. (NYSE:SONY)

Henry James International Management Inc. increased its position in shares of Sony Group Co. (NYSE:SONY) by 400.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 523,175 shares of the company’s stock after purchasing an additional 418,578 shares during the period. Sony Group accounts for 4.0% of Henry James International Management Inc.’s portfolio, making the stock its 7th largest holding. Henry James International Management Inc.’s holdings in Sony Group were worth $11,070,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of SONY. Silicon Valley Capital Partners grew its stake in Sony Group by 401.3% during the fourth quarter. Silicon Valley Capital Partners now owns 1,158 shares of the company’s stock valued at $25,000 after acquiring an additional 927 shares in the last quarter. General Partner Inc. boosted its holdings in shares of Sony Group by 400.0% during the 4th quarter. General Partner Inc. now owns 1,245 shares of the company’s stock valued at $26,000 after purchasing an additional 996 shares during the last quarter. Newbridge Financial Services Group Inc. purchased a new position in shares of Sony Group during the fourth quarter valued at about $26,000. Hilltop National Bank increased its holdings 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 worth $32,000 after purchasing an additional 1,174 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings 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 worth $32,000 after purchasing an additional 1,204 shares during the last quarter. Hedge funds and other institutional investors own 14.05% of the company’s stock.

Analyst Ratings Changes

SONY has been the subject of several research analyst reports. Oppenheimer restated an “outperform” rating and set a $33.00 price target (up previously from $25.00) on shares of Sony Group in a report on Thursday, February 20th. Sanford C. Bernstein initiated coverage on shares of Sony Group in a report on Thursday, January 16th. They issued an “outperform” rating for the company. Finally, StockNews.com cut shares of Sony Group from a “buy” rating to a “hold” rating in a research report on Tuesday. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $28.00.

Sony Group Stock Up 0.1 %

Shares of NYSE SONY opened at $25.05 on Friday. The stock has a 50 day moving average price of $22.13 and a 200 day moving average price of $16.61. The firm has a market capitalization of $151.49 billion, a price-to-earnings ratio of 20.33, a PEG ratio of 9.95 and a beta of 0.96. Sony Group Co. has a 52-week low of $15.02 and a 52-week high of $25.64. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.49 and a current ratio of 0.66.

Sony Group (NYSE:SONY) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.14. Sony Group had a net margin of 8.21% and a return on equity of 14.10%. The company had revenue of $28.95 billion for the quarter, compared to analyst estimates of $24.32 billion. Sell-side analysts expect that Sony Group Co. will post 1.23 earnings per share 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.