Chicago Capital LLC Grows Position in Sony Group Co. (NYSE:SONY)

Chicago Capital LLC boosted its holdings in Sony Group Co. (NYSE:SONYFree Report) by 17.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,996 shares of the company’s stock after buying an additional 447 shares during the quarter. Chicago Capital LLC’s holdings in Sony Group were worth $284,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fifth Third Bancorp raised its holdings in shares of Sony Group by 290.8% during the fourth quarter. Fifth Third Bancorp now owns 44,095 shares of the company’s stock valued at $4,175,000 after purchasing an additional 32,811 shares during the last quarter. Cottage Street Advisors LLC purchased a new stake in Sony Group during the 4th quarter valued at $219,000. Caprock Group LLC raised its stake in Sony Group by 15.7% during the 4th quarter. Caprock Group LLC now owns 21,659 shares of the company’s stock valued at $2,051,000 after buying an additional 2,939 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Sony Group by 36.3% in the 4th quarter. Blue Trust Inc. now owns 1,753 shares of the company’s stock worth $166,000 after buying an additional 467 shares during the last quarter. Finally, Ritholtz Wealth Management grew its holdings in shares of Sony Group by 5.5% in the fourth quarter. Ritholtz Wealth Management now owns 19,359 shares of the company’s stock worth $1,833,000 after acquiring an additional 1,008 shares during the period. Institutional investors own 14.05% of the company’s stock.

Sony Group Stock Performance

SONY opened at $86.17 on Tuesday. The firm has a market cap of $106.35 billion, a P/E ratio of 16.64 and a beta of 0.98. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.69 and a quick ratio of 0.54. The company has a 50 day simple moving average of $90.60 and a two-hundred day simple moving average of $88.94. Sony Group Co. has a 1-year low of $79.62 and a 1-year high of $100.94.

Sony Group (NYSE:SONYGet Free Report) last posted its quarterly earnings results on Wednesday, February 14th. The company reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.32. Sony Group had a return on equity of 12.43% and a net margin of 7.62%. The business had revenue of $25.38 billion for the quarter, compared to analysts’ expectations of $24.31 billion. Equities analysts forecast that Sony Group Co. will post 5.19 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

SONY has been the topic of a number of recent research reports. StockNews.com raised Sony Group from a “hold” rating to a “buy” rating in a report on Wednesday, March 27th. TheStreet upgraded shares of Sony Group from a “c+” rating to a “b-” rating in a research note on Thursday, January 11th. Oppenheimer restated an “outperform” rating and set a $108.00 target price on shares of Sony Group in a research report on Monday, February 26th. Macquarie downgraded shares of Sony Group from an “outperform” rating to a “neutral” rating in a research report on Thursday, February 15th. Finally, Wolfe Research assumed coverage on shares of Sony Group in a research report on Tuesday, December 12th. They set an “outperform” rating for the company. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $108.00.

Check Out Our Latest Stock Analysis on SONY

Sony Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Sony Group (NYSE:SONY)

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