CVA Family Office LLC Has $36,000 Holdings in Sony Group Co. (NYSE:SONY)

CVA Family Office LLC decreased its stake in shares of Sony Group Co. (NYSE:SONY - Free Report) by 97.3% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 1,431 shares of the company's stock after selling 52,500 shares during the period. CVA Family Office LLC's holdings in Sony Group were worth $36,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Primecap Management Co. CA grew its holdings in 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 buying an additional 80,724,932 shares during the last quarter. Aristotle Capital Management LLC boosted its position in shares of Sony Group by 393.7% in the fourth quarter. Aristotle Capital Management LLC now owns 52,771,882 shares of the company's stock valued at $1,116,653,000 after acquiring an additional 42,083,842 shares during the period. Fisher Asset Management LLC grew its stake in shares of 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 acquiring an additional 36,783,737 shares during the last quarter. Bank of America Corp DE increased its position in Sony Group by 377.7% during the fourth quarter. Bank of America Corp DE now owns 23,804,970 shares of the company's stock worth $503,713,000 after acquiring an additional 18,821,902 shares during the period. Finally, Fiduciary Management Inc. WI raised its stake in Sony Group by 377.2% during the 4th quarter. Fiduciary Management Inc. WI now owns 10,320,498 shares of the company's stock valued at $218,382,000 after purchasing an additional 8,157,776 shares during the last quarter. 14.05% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on SONY. The Goldman Sachs Group assumed coverage on shares of Sony Group in a research report on Tuesday, March 25th. They issued a "buy" rating on the stock. Wolfe Research reaffirmed a "peer perform" rating on shares of Sony Group in a report on Monday, April 7th. Oppenheimer reiterated 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, Wall Street Zen lowered Sony Group from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Sony Group currently has an average rating of "Moderate Buy" and an average price target of $28.00.

Sony Group Price Performance

Shares of Sony Group stock traded up $0.19 during trading on Monday, hitting $26.12. 3,965,133 shares of the company's stock traded hands, compared to its average volume of 4,388,311. Sony Group Co. has a twelve month low of $15.86 and a twelve month high of $26.95. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.66 and a quick ratio of 0.49. The firm's fifty day moving average price is $25.06 and its 200 day moving average price is $23.43. The company has a market cap of $157.93 billion, a PE ratio of 21.20, a PEG ratio of 9.95 and a beta of 0.96.

Sony Group 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.