2,530 Shares in Sony Group Co. (NYSE:SONY) Bought by Chesapeake Capital Corp IL

Chesapeake Capital Corp IL bought a new stake in Sony Group Co. (NYSE:SONY) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,530 shares of the company’s stock, valued at approximately $244,000.

Several other institutional investors have also recently bought and sold shares of the business. Pictet North America Advisors SA increased its stake in shares of Sony Group by 19.4% in the third quarter. Pictet North America Advisors SA now owns 243,975 shares of the company’s stock valued at $23,561,000 after buying an additional 39,688 shares during the period. Crossmark Global Holdings Inc. lifted its holdings in shares of Sony Group by 39.2% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 103,473 shares of the company’s stock worth $9,993,000 after purchasing an additional 29,165 shares in the last quarter. Ellsworth Advisors LLC bought a new position in Sony Group during the 2nd quarter valued at $1,413,000. Diversify Wealth Management LLC increased its holdings in Sony Group by 511.4% in the 3rd quarter. Diversify Wealth Management LLC now owns 50,399 shares of the company’s stock worth $4,867,000 after acquiring an additional 42,156 shares during the last quarter. Finally, Creative Planning increased its holdings in Sony Group by 2.7% in the 2nd quarter. Creative Planning now owns 284,636 shares of the company’s stock worth $24,180,000 after acquiring an additional 7,401 shares during the last quarter. Institutional investors and hedge funds own 14.05% of the company’s stock.

Sony Group Trading Down 0.2 %

SONY opened at $18.46 on Monday. The stock’s fifty day moving average is $14.06 and its two-hundred day moving average is $7.19. The company has a market capitalization of $111.64 billion, a P/E ratio of 15.11, a PEG ratio of 11.69 and a beta of 0.95. Sony Group Co. has a 52 week low of $15.02 and a 52 week high of $20.67. The company has a quick ratio of 0.47, a current ratio of 0.66 and a debt-to-equity ratio of 0.25.

Analyst Ratings Changes

A number of analysts have recently issued reports on SONY shares. StockNews.com upgraded Sony Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 11th. Daiwa America raised Sony Group to a “strong-buy” rating in a report on Wednesday, September 18th. TD Cowen lowered their target price on Sony Group from $107.00 to $23.00 and set a “buy” rating on the stock in a report on Friday, October 11th. Finally, Oppenheimer reduced their price target on Sony Group from $108.00 to $25.00 and set an “outperform” rating for the company in a research report on Tuesday, November 12th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Sony Group has a consensus rating of “Buy” and a consensus target price of $24.00.

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.