Callan Capital LLC Has $1.02 Million Holdings in Sony Group Co. (NYSE:SONY)

Callan Capital LLC boosted its holdings in shares of Sony Group Co. (NYSE:SONY) by 441.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 48,169 shares of the company’s stock after acquiring an additional 39,272 shares during the quarter. Callan Capital LLC’s holdings in Sony Group were worth $1,019,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Silicon Valley Capital Partners raised 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 in the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in shares of Sony Group during the 4th quarter worth approximately $26,000. General Partner Inc. grew 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 worth $26,000 after purchasing an additional 996 shares in the last quarter. Brown Brothers Harriman & Co. boosted its stake in Sony Group by 106.2% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,390 shares of the company’s stock valued at $134,000 after buying an additional 716 shares in the last quarter. Finally, Paradigm Asset Management Co. LLC boosted its stake in Sony Group by 400.0% in the 4th quarter. Paradigm Asset Management Co. LLC now owns 1,500 shares of the company’s stock valued at $32,000 after buying an additional 1,200 shares in the last quarter. 14.05% of the stock is currently owned by institutional investors and hedge funds.

Sony Group Trading Down 0.5 %

Shares of SONY stock opened at $24.81 on Friday. 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 Co. has a fifty-two week low of $15.02 and a fifty-two week high of $25.29. The company has a market cap of $150.01 billion, a PE ratio of 20.13, a P/E/G ratio of 9.95 and a beta of 0.96. The stock’s fifty day moving average price is $21.74 and its two-hundred day moving average price is $15.86.

Sony Group (NYSE:SONY) last posted 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 firm had revenue of $28.95 billion during the quarter, compared to analyst estimates of $24.32 billion. Sony Group had a return on equity of 14.10% and a net margin of 8.21%. Equities analysts predict that Sony Group Co. will post 1.23 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on SONY shares. Sanford C. Bernstein began coverage on Sony Group in a research report on Thursday, January 16th. They issued an “outperform” rating for the company. 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. Finally, StockNews.com cut Sony Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 19th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $28.00.

Sony Group 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.