Hantz Financial Services Inc. Purchases 60,155 Shares of Sony Group Co. (NYSE:SONY)

Hantz Financial Services Inc. boosted its position in Sony Group Co. (NYSE:SONY) by 400.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 75,188 shares of the company’s stock after acquiring an additional 60,155 shares during the period. Hantz Financial Services Inc.’s holdings in Sony Group were worth $1,591,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SONY. Hexagon Capital Partners LLC grew its position in shares of Sony Group by 38.6% in the third quarter. Hexagon Capital Partners LLC now owns 836 shares of the company’s stock valued at $81,000 after purchasing an additional 233 shares in the last quarter. General Partner Inc. increased its position 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 buying an additional 996 shares during the period. Brown Brothers Harriman & Co. lifted its holdings in shares of Sony Group by 106.2% in the third quarter. Brown Brothers Harriman & Co. now owns 1,390 shares of the company’s stock worth $134,000 after buying an additional 716 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of 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. Finally, Hilltop National Bank grew its stake in Sony Group by 346.3% during 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 in the last quarter. 14.05% of the stock is owned by hedge funds and other institutional investors.

Sony Group Trading Down 1.4 %

Shares of SONY stock opened at $22.00 on Friday. The business has a 50-day moving average price of $20.96 and a two-hundred day moving average price of $13.80. Sony Group Co. has a 12-month low of $15.02 and a 12-month high of $22.71. 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 firm has a market cap of $133.02 billion, a P/E ratio of 18.00, a price-to-earnings-growth ratio of 11.02 and a beta of 0.95.

Analysts Set New Price Targets

SONY has been the topic of several recent analyst reports. Oppenheimer lowered their target price on shares of Sony Group from $108.00 to $25.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 12th. Sanford C. Bernstein assumed coverage on Sony Group in a research note on Thursday, January 16th. They set an “outperform” rating for the company. TD Cowen decreased their target price on Sony Group from $107.00 to $23.00 and set a “buy” rating on the stock in a research note on Friday, October 11th. Finally, StockNews.com downgraded Sony Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 19th. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $24.00.

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.