4,900 Shares in Sony Group Co. (NYSE:SONY) Bought by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA acquired a new position in Sony Group Co. (NYSE:SONY) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,900 shares of the company’s stock, valued at approximately $100,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SONY. Hexagon Capital Partners LLC lifted its holdings in Sony Group by 38.6% in the third quarter. Hexagon Capital Partners LLC now owns 836 shares of the company’s stock worth $81,000 after buying an additional 233 shares during the period. General Partner Inc. raised its position 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 acquiring an additional 996 shares in the last quarter. Brown Brothers Harriman & Co. lifted 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 valued at $134,000 after purchasing an additional 716 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Sony Group by 400.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,505 shares of the company’s stock valued at $32,000 after purchasing an additional 1,204 shares in the last quarter. Finally, Hilltop National Bank raised its holdings in 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 in the last quarter. 14.05% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. TD Cowen reduced their target price on Sony Group from $107.00 to $23.00 and set a “buy” rating for the company in a report on Friday, October 11th. StockNews.com downgraded Sony Group from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 19th. Oppenheimer dropped their price target on shares of Sony Group from $108.00 to $25.00 and set an “outperform” rating on the stock in a report on Tuesday, November 12th. Finally, Sanford C. Bernstein initiated coverage on shares of Sony Group in a research note on Thursday, January 16th. They issued an “outperform” rating for the company. One investment 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 stock. According to MarketBeat.com, Sony Group has an average rating of “Buy” and a consensus target price of $24.00.

Sony Group Trading Up 1.5 %

Shares of NYSE:SONY opened at $22.13 on Thursday. The stock’s 50-day simple moving average is $20.83 and its two-hundred day simple moving average is $13.61. The stock has a market capitalization of $133.82 billion, a price-to-earnings ratio of 18.11, a PEG ratio of 13.02 and a beta of 0.95. Sony Group Co. has a 52-week low of $15.02 and a 52-week high of $22.71. 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 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.