Certuity LLC Has $275,000 Stock Position in Sony Group Co. (NYSE:SONY)

Certuity LLC boosted its position in Sony Group Co. (NYSE:SONY) by 450.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 13,012 shares of the company’s stock after purchasing an additional 10,649 shares during the period. Certuity LLC’s holdings in Sony Group were worth $275,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of SONY. Silicon Valley Capital Partners lifted its position in Sony Group by 401.3% during the fourth quarter. Silicon Valley Capital Partners now owns 1,158 shares of the company’s stock worth $25,000 after acquiring an additional 927 shares during the last quarter. General Partner Inc. lifted its position in Sony Group by 400.0% during the fourth quarter. General Partner Inc. now owns 1,245 shares of the company’s stock worth $26,000 after acquiring an additional 996 shares during the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in shares of Sony Group in the fourth quarter valued at approximately $26,000. Hilltop National Bank raised its position 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 valued at $32,000 after buying an additional 1,174 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position 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 valued at $32,000 after buying an additional 1,204 shares in the last quarter. 14.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on SONY. StockNews.com downgraded shares of Sony Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 19th. Oppenheimer decreased their price objective on shares of Sony Group from $108.00 to $25.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 12th. Finally, Sanford C. Bernstein started coverage on shares of Sony Group in a research note on Thursday, January 16th. They issued an “outperform” rating on the stock. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $24.00.

Sony Group Stock Performance

NYSE SONY opened at $23.16 on Friday. The firm’s fifty day moving average price is $21.40 and its two-hundred day moving average price is $14.98. The stock has a market cap of $140.07 billion, a PE ratio of 18.95, a PEG ratio of 11.46 and a beta of 0.96. Sony Group Co. has a fifty-two week low of $15.02 and a fifty-two week high of $24.03. 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 posted its earnings results on Thursday, February 13th. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.14. Sony Group had a net margin of 8.55% and a return on equity of 14.27%. On average, equities analysts expect that Sony Group Co. will post 1.21 EPS for the current fiscal year.

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.