Coldstream Capital Management Inc. Purchases 13,863 Shares of Sony Group Co. (NYSE:SONY)

Coldstream Capital Management Inc. boosted its position in shares of Sony Group Co. (NYSE:SONY - Free Report) by 347.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 17,856 shares of the company's stock after buying an additional 13,863 shares during the quarter. Coldstream Capital Management Inc.'s holdings in Sony Group were worth $378,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of SONY. Primecap Management Co. CA raised its position in shares of Sony Group by 379.5% in the 4th quarter. Primecap Management Co. CA now owns 101,995,855 shares of the company's stock valued at $2,158,232,000 after acquiring an additional 80,724,932 shares during the period. Fisher Asset Management LLC raised its holdings in Sony Group by 425.9% in the fourth quarter. Fisher Asset Management LLC now owns 45,420,092 shares of the company's stock worth $961,089,000 after purchasing an additional 36,783,737 shares during the period. Fiduciary Management Inc. WI boosted its position in shares of Sony Group by 377.2% during the fourth quarter. Fiduciary Management Inc. WI now owns 10,320,498 shares of the company's stock worth $218,382,000 after purchasing an additional 8,157,776 shares in the last quarter. Mondrian Investment Partners LTD grew its holdings in shares of Sony Group by 358.2% in the 4th quarter. Mondrian Investment Partners LTD now owns 10,138,119 shares of the company's stock valued at $223,039,000 after buying an additional 7,925,643 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in shares of Sony Group by 401.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 7,141,717 shares of the company's stock valued at $151,119,000 after buying an additional 5,718,378 shares in the last quarter. 14.05% of the stock is currently owned by institutional investors.

Sony Group Stock Performance

NYSE:SONY traded up $0.03 during mid-day trading on Friday, hitting $25.31. The stock had a trading volume of 6,863,657 shares, compared to its average volume of 4,264,568. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.49 and a current ratio of 0.66. The stock has a market cap of $153.07 billion, a price-to-earnings ratio of 20.54, a PEG ratio of 9.95 and a beta of 0.94. Sony Group Co. has a twelve month low of $15.02 and a twelve month high of $26.08. The company's 50 day simple moving average is $24.21 and its 200 day simple moving average is $21.90.

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

Wall Street Analyst Weigh In

A number of research analysts have issued reports on 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, February 20th. StockNews.com lowered shares of Sony Group from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. The Goldman Sachs Group started coverage on shares of Sony Group in a research report on Tuesday, March 25th. They set a "buy" rating for the company. Wolfe Research reaffirmed a "peer perform" rating on shares of Sony Group in a research report on Monday, April 7th. Finally, Sanford C. Bernstein initiated coverage on Sony Group in a research report on Thursday, January 16th. They set an "outperform" rating for the company. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Sony Group has a consensus rating of "Moderate Buy" and an average price target of $28.00.

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.