XTX Topco Ltd Acquires 13,312 Shares of Sony Group Co. (NYSE:SONY)

XTX Topco Ltd boosted its stake in shares of Sony Group Co. (NYSE:SONY - Free Report) by 176.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,838 shares of the company's stock after acquiring an additional 13,312 shares during the quarter. XTX Topco Ltd's holdings in Sony Group were worth $441,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Silicon Valley Capital Partners lifted its holdings in Sony Group by 401.3% in the 4th quarter. Silicon Valley Capital Partners now owns 1,158 shares of the company's stock worth $25,000 after buying an additional 927 shares during the period. General Partner Inc. raised its holdings in shares of Sony Group by 400.0% during the fourth quarter. General Partner Inc. now owns 1,245 shares of the company's stock valued at $26,000 after acquiring an additional 996 shares in the last quarter. Newbridge Financial Services Group Inc. purchased a new stake in Sony Group in the fourth quarter worth $26,000. Fairscale Capital LLC boosted its holdings in Sony Group by 400.0% in the fourth quarter. Fairscale Capital LLC now owns 1,240 shares of the company's stock valued at $26,000 after acquiring an additional 992 shares in the last quarter. Finally, Accent Capital Management LLC increased its position in Sony Group by 400.0% during the 4th quarter. Accent Capital Management LLC now owns 1,380 shares of the company's stock valued at $29,000 after purchasing an additional 1,104 shares during the period. 14.05% of the stock is owned by hedge funds and other institutional investors.

Sony Group Stock Performance

NYSE SONY traded down $0.16 during trading hours on Friday, hitting $24.96. 2,602,143 shares of the company's stock traded hands, compared to its average volume of 4,174,612. Sony Group Co. has a 52 week low of $15.02 and a 52 week high of $25.78. The firm has a market capitalization of $150.95 billion, a P/E ratio of 20.26, a P/E/G ratio of 9.95 and a beta of 0.94. The company has a current ratio of 0.66, a quick ratio of 0.49 and a debt-to-equity ratio of 0.25. The business's fifty day moving average price is $24.15 and its two-hundred day moving average price is $21.69.

Sony Group (NYSE:SONY - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $0.41 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 for the quarter, compared to analysts' expectations of $24.32 billion. Equities research analysts predict that Sony Group Co. will post 1.23 EPS for the current year.

Wall Street Analyst Weigh In

SONY has been the topic of several research reports. Sanford C. Bernstein began coverage on Sony Group in a research report on Thursday, January 16th. They set an "outperform" rating on the stock. Wolfe Research reaffirmed a "peer perform" rating on shares of Sony Group in a research note on Monday, April 7th. StockNews.com lowered Sony Group from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. The Goldman Sachs Group started coverage on shares of Sony Group in a research report on Tuesday, March 25th. They issued a "buy" rating on the stock. Finally, Oppenheimer reissued an "outperform" rating and set a $33.00 price target (up from $25.00) on shares of Sony Group in a research report on Thursday, February 20th. Two 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 company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $28.00.

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.