Sony Group Co. (NYSE:SONY) Shares Bought by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. increased its stake in Sony Group Co. (NYSE:SONY - Free Report) by 693.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 55,186 shares of the company's stock after buying an additional 48,227 shares during the period. B. Riley Wealth Advisors Inc.'s holdings in Sony Group were worth $1,168,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in SONY. SG Americas Securities LLC increased its position in Sony Group by 340.2% during the 4th quarter. SG Americas Securities LLC now owns 52,134 shares of the company's stock valued at $1,103,000 after purchasing an additional 40,290 shares during the period. Janney Montgomery Scott LLC increased its position in Sony Group by 424.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 143,093 shares of the company's stock valued at $3,028,000 after purchasing an additional 115,798 shares during the period. Avior Wealth Management LLC increased its position in Sony Group by 400.4% during the 4th quarter. Avior Wealth Management LLC now owns 11,604 shares of the company's stock valued at $246,000 after purchasing an additional 9,285 shares during the period. Brighton Jones LLC increased its position in Sony Group by 422.0% during the 4th quarter. Brighton Jones LLC now owns 19,908 shares of the company's stock valued at $421,000 after purchasing an additional 16,094 shares during the period. Finally, Fifth Third Bancorp increased its position in Sony Group by 311.3% during the 4th quarter. Fifth Third Bancorp now owns 157,702 shares of the company's stock valued at $3,337,000 after purchasing an additional 119,362 shares during the period. Hedge funds and other institutional investors own 14.05% of the company's stock.

Sony Group Stock Down 0.9%

Shares of Sony Group stock traded down $0.25 on Friday, reaching $26.37. The stock had a trading volume of 6,792,762 shares, compared to its average volume of 4,361,487. The company has a 50 day moving average price of $24.56 and a 200 day moving average price of $22.87. The company has a quick ratio of 0.49, a current ratio of 0.66 and a debt-to-equity ratio of 0.25. Sony Group Co. has a 1 year low of $15.86 and a 1 year high of $26.95. The stock has a market capitalization of $159.48 billion, a P/E ratio of 21.40, a P/E/G ratio of 9.95 and a beta of 0.97.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Wall Street Zen downgraded shares of Sony Group from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. The Goldman Sachs Group initiated coverage on shares of Sony Group in a research report on Tuesday, March 25th. They issued a "buy" rating on the stock. Oppenheimer reaffirmed an "outperform" rating and issued a $33.00 price objective (up previously from $25.00) on shares of Sony Group in a research report on Thursday, February 20th. Finally, Wolfe Research reaffirmed a "peer perform" rating on shares of Sony Group in a research report on Monday, April 7th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price 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.