Sony Group Co. (NYSE:SONY) Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC grew its stake in shares of Sony Group Co. (NYSE:SONY - Free Report) by 400.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,015 shares of the company's stock after acquiring an additional 21,612 shares during the period. Janus Henderson Group PLC's holdings in Sony Group were worth $572,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. Humankind Investments LLC grew its position in shares of Sony Group by 400.0% during the 4th quarter. Humankind Investments LLC now owns 202,195 shares of the company's stock worth $4,278,000 after purchasing an additional 161,756 shares in the last quarter. Graham Capital Management L.P. lifted its stake in Sony Group by 1,752.7% in the 4th quarter. Graham Capital Management L.P. now owns 81,352 shares of the company's stock valued at $1,721,000 after purchasing an additional 76,961 shares during the last quarter. Focus Partners Wealth lifted its holdings in shares of Sony Group by 468.1% during the fourth quarter. Focus Partners Wealth now owns 157,467 shares of the company's stock worth $3,333,000 after purchasing an additional 129,751 shares during the period. Foyston Gordon & Payne Inc lifted its holdings in shares of Sony Group by 397.5% during the fourth quarter. Foyston Gordon & Payne Inc now owns 90,289 shares of the company's stock worth $1,911,000 after purchasing an additional 72,142 shares during the period. Finally, Ellevest Inc. raised its stake in Sony Group by 654.9% during the fourth quarter. Ellevest Inc. now owns 71,715 shares of the company's stock worth $1,517,000 after buying an additional 62,215 shares during the last quarter. 14.05% of the stock is currently owned by institutional investors and hedge funds.

Sony Group Stock Performance

Shares of SONY traded down $0.23 during mid-day trading on Wednesday, hitting $26.34. 4,564,085 shares of the company traded hands, compared to its average volume of 4,315,077. The stock has a 50-day moving average price of $24.49 and a two-hundred day moving average price of $22.74. 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 $159.27 billion, a price-to-earnings ratio of 21.38, a P/E/G ratio of 9.95 and a beta of 0.97. Sony Group Co. has a 1 year low of $15.67 and a 1 year high of $26.82.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. The Goldman Sachs Group initiated coverage on shares of Sony Group in a research note on Tuesday, March 25th. They issued a "buy" rating for the company. Wall Street Zen cut shares of Sony Group from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Wolfe Research restated a "peer perform" rating on shares of Sony Group in a research note on Monday, April 7th. Finally, Oppenheimer reissued 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. Two investment 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 stock. Based on data from MarketBeat.com, the company has an average 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.