Beverly Hills Private Wealth LLC Has $828,000 Holdings in Sony Group Co. (NYSE:SONY)

Beverly Hills Private Wealth LLC boosted its holdings in Sony Group Co. (NYSE:SONY - Free Report) by 440.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,118 shares of the company's stock after purchasing an additional 31,883 shares during the quarter. Beverly Hills Private Wealth LLC's holdings in Sony Group were worth $828,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Silicon Valley Capital Partners raised its position in Sony Group by 401.3% in 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 in the last quarter. Capital Analysts LLC increased its stake in shares of Sony Group by 400.0% during the 4th quarter. Capital Analysts LLC now owns 1,170 shares of the company's stock worth $25,000 after purchasing an additional 936 shares in the last quarter. Newbridge Financial Services Group Inc. acquired a new position in shares of Sony Group during the 4th quarter worth approximately $26,000. Fairscale Capital LLC lifted its stake in Sony Group by 400.0% in the 4th quarter. Fairscale Capital LLC now owns 1,240 shares of the company's stock valued at $26,000 after buying an additional 992 shares in the last quarter. Finally, Accent Capital Management LLC grew its holdings in Sony Group by 400.0% during the 4th quarter. Accent Capital Management LLC now owns 1,380 shares of the company's stock valued at $29,000 after buying an additional 1,104 shares during the last quarter. Hedge funds and other institutional investors own 14.05% of the company's stock.

Sony Group Stock Performance

Shares of SONY stock traded down $0.25 on Wednesday, hitting $24.98. 4,843,681 shares of the stock traded hands, compared to its average volume of 4,276,708. The company has a market capitalization of $151.05 billion, a PE ratio of 20.27, a PEG ratio of 9.95 and a beta of 0.97. The company's fifty day moving average is $24.21 and its 200 day moving average is $22.02. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.66 and a quick ratio of 0.49. Sony Group Co. has a 1-year low of $15.02 and a 1-year high of $26.08.

Sony Group (NYSE:SONY - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.27 by $0.14. Sony Group had a net margin of 8.21% and a return on equity of 14.10%. The business had revenue of $28.95 billion during the quarter, compared to analyst estimates of $24.32 billion. On average, equities research analysts predict that Sony Group Co. will post 1.23 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on SONY. Sanford C. Bernstein began coverage on Sony Group in a research note on Thursday, January 16th. They set an "outperform" rating on the stock. The Goldman Sachs Group started coverage on shares of Sony Group in a research report on Tuesday, March 25th. They issued a "buy" rating for the company. Oppenheimer reiterated an "outperform" rating and issued a $33.00 price target (up from $25.00) on shares of Sony Group in a report on Thursday, February 20th. StockNews.com cut Sony Group from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Finally, Wolfe Research reiterated a "peer perform" rating on shares of Sony Group in a research note on Monday, April 7th. Two analysts have 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. Based on data from MarketBeat.com, Sony Group has a consensus rating of "Moderate Buy" and an average price target of $28.00.

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.