4,867 Shares in Sony Group Co. (NYSE:SONY) Purchased by Quent Capital LLC

Quent Capital LLC purchased a new position in Sony Group Co. (NYSE:SONY) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,867 shares of the company’s stock, valued at approximately $103,000.

A number of other institutional investors also recently bought and sold shares of the stock. Silicon Valley Capital Partners grew its holdings in shares of 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 buying an additional 927 shares during the last quarter. Newbridge Financial Services Group Inc. purchased a new stake in shares of Sony Group during the fourth quarter valued at approximately $26,000. General Partner Inc. grew its holdings in shares of Sony Group by 400.0% during the fourth quarter. General Partner Inc. now owns 1,245 shares of the company’s stock valued at $26,000 after buying an additional 996 shares during the last quarter. Brown Brothers Harriman & Co. grew its holdings in shares of Sony Group by 106.2% during the third 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 during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings 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 buying an additional 1,204 shares during the last quarter. 14.05% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on SONY. StockNews.com cut shares of Sony Group from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 19th. Sanford C. Bernstein began coverage on shares of Sony Group in a report on Thursday, January 16th. They issued an “outperform” rating on the stock. Finally, Oppenheimer dropped their target price 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. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Sony Group has an average rating of “Buy” and a consensus target price of $24.00.

Sony Group Trading Down 1.7 %

Shares of SONY stock opened at $21.97 on Thursday. Sony Group Co. has a 12-month low of $15.02 and a 12-month high of $23.05. 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 firm’s 50 day moving average is $21.35 and its 200 day moving average is $14.92. The stock has a market capitalization of $132.87 billion, a P/E ratio of 17.98, a P/E/G ratio of 11.46 and a beta of 0.96.

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.