OneDigital Investment Advisors LLC Purchases 26,340 Shares of Sony Group Co. (NYSE:SONY)

OneDigital Investment Advisors LLC raised its position in Sony Group Co. (NYSE:SONY - Free Report) by 373.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,399 shares of the company's stock after buying an additional 26,340 shares during the quarter. OneDigital Investment Advisors LLC's holdings in Sony Group were worth $707,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Primecap Management Co. CA raised its position in shares of Sony Group by 379.5% in the fourth 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. Fisher Asset Management LLC raised its stake in shares of Sony Group by 425.9% in the 4th quarter. Fisher Asset Management LLC now owns 45,420,092 shares of the company's stock valued at $961,089,000 after acquiring an additional 36,783,737 shares during the period. Fiduciary Management Inc. WI lifted its stake 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 position in Sony Group by 358.2% in the fourth quarter. Mondrian Investment Partners LTD now owns 10,138,119 shares of the company's stock valued at $223,039,000 after acquiring an additional 7,925,643 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Sony Group by 401.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 7,141,717 shares of the company's stock worth $151,119,000 after buying an additional 5,718,378 shares during the period. Institutional investors and hedge funds own 14.05% of the company's stock.

Sony Group Stock Performance

Shares of SONY stock traded up $0.02 during trading hours on Friday, reaching $25.30. 3,431,817 shares of the company's stock were exchanged, compared to its average volume of 5,174,447. The company has a quick ratio of 0.49, a current ratio of 0.66 and a debt-to-equity ratio of 0.25. The business has a fifty day moving average price of $24.21 and a 200-day moving average price of $21.83. Sony Group Co. has a fifty-two week low of $15.02 and a fifty-two week high of $26.08. The stock has a market capitalization of $152.98 billion, a P/E ratio of 20.52, a P/E/G ratio of 9.95 and a beta of 0.94.

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

Analyst Ratings Changes

Several research firms have recently weighed in on SONY. StockNews.com downgraded shares of Sony Group from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Sanford C. Bernstein started coverage on Sony Group in a report on Thursday, January 16th. They set an "outperform" rating for the company. Oppenheimer restated an "outperform" rating and set a $33.00 price objective (up from $25.00) on shares of Sony Group in a research note on Thursday, February 20th. The Goldman Sachs Group began coverage on Sony Group in a research note on Tuesday, March 25th. They issued a "buy" rating on the stock. Finally, Wolfe Research reaffirmed a "peer perform" rating on shares of Sony Group in a research note on Monday, April 7th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus 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.