Ballentine Partners LLC increased its holdings in shares of Sony Group Co. (NYSE:SONY – Free Report) by 449.5% during the fourth quarter, HoldingsChannel reports. The firm owned 73,286 shares of the company’s stock after buying an additional 59,949 shares during the period. Ballentine Partners LLC’s holdings in Sony Group were worth $1,551,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also recently modified their holdings of SONY. General Partner Inc. lifted its holdings in Sony Group by 400.0% in 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 during the period. Hilltop National Bank lifted its holdings in Sony Group by 346.3% in the fourth quarter. Hilltop National Bank now owns 1,513 shares of the company’s stock valued at $32,000 after acquiring an additional 1,174 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Sony Group by 400.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,505 shares of the company’s stock valued at $32,000 after acquiring an additional 1,204 shares during the period. Rise Advisors LLC lifted its holdings in Sony Group by 399.1% in the fourth quarter. Rise Advisors LLC now owns 1,747 shares of the company’s stock valued at $37,000 after acquiring an additional 1,397 shares during the period. Finally, Global Financial Private Client LLC lifted its holdings in Sony Group by 302.9% in the fourth quarter. Global Financial Private Client LLC now owns 1,950 shares of the company’s stock valued at $41,000 after acquiring an additional 1,466 shares during the period. 14.05% of the stock is owned by institutional investors.
Sony Group Stock Performance
NYSE:SONY opened at $20.92 on Wednesday. The company has a current ratio of 0.66, a quick ratio of 0.49 and a debt-to-equity ratio of 0.25. Sony Group Co. has a 12-month low of $15.02 and a 12-month high of $22.71. The stock has a 50-day moving average price of $20.52 and a 200 day moving average price of $12.94. The stock has a market capitalization of $126.49 billion, a P/E ratio of 17.12, a P/E/G ratio of 12.85 and a beta of 0.95.
Analyst Ratings Changes
Read Our Latest Stock Report on SONY
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.
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