West Family Investments Inc. Has $524,000 Stake in Sony Group Co. (NYSE:SONY)

West Family Investments Inc. boosted its holdings in Sony Group Co. (NYSE:SONY) by 13.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,422 shares of the company’s stock after purchasing an additional 623 shares during the quarter. West Family Investments Inc.’s holdings in Sony Group were worth $524,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Mediolanum International Funds Ltd purchased a new position in Sony Group in the 3rd quarter valued at approximately $109,462,000. Marshall Wace LLP grew its holdings in shares of Sony Group by 8,495.0% during the second quarter. Marshall Wace LLP now owns 848,414 shares of the company’s stock worth $72,073,000 after purchasing an additional 838,543 shares in the last quarter. Manning & Napier Advisors LLC bought a new position in shares of Sony Group in the second quarter worth approximately $18,567,000. Alight Capital Management LP bought a new stake in Sony Group during the second quarter valued at approximately $12,742,000. Finally, Delta Capital Management LLC increased its stake in Sony Group by 400.0% in the third quarter. Delta Capital Management LLC now owns 162,925 shares of the company’s stock valued at $15,734,000 after acquiring an additional 130,340 shares during the last quarter. Institutional investors own 14.05% of the company’s stock.

Sony Group Trading Up 0.5 %

NYSE SONY opened at $19.06 on Tuesday. The company has a quick ratio of 0.49, a current ratio of 0.66 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $115.27 billion, a PE ratio of 15.52, a P/E/G ratio of 11.69 and a beta of 0.95. The stock’s 50 day moving average is $14.36 and its 200 day moving average is $7.30. Sony Group Co. has a twelve month low of $15.02 and a twelve month high of $20.67.

Analysts Set New Price Targets

A number of brokerages have commented on SONY. StockNews.com cut shares of Sony Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. Oppenheimer lowered their price target on shares of Sony Group from $108.00 to $25.00 and set an “outperform” rating for the company in a report on Tuesday, November 12th. TD Cowen dropped their price target on shares of Sony Group from $107.00 to $23.00 and set a “buy” rating for the company in a research report on Friday, October 11th. Finally, Daiwa America upgraded shares of Sony Group to a “strong-buy” rating in a research report on Wednesday, September 18th. One equities research analyst has rated the stock with a hold rating, four have given 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 a consensus rating of “Buy” and an average target price of $24.00.

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.