TD Private Client Wealth LLC Purchases 1,495 Shares of Sony Group Co. (NYSE:SONY)

TD Private Client Wealth LLC grew its position in shares of Sony Group Co. (NYSE:SONY) by 15.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,238 shares of the company’s stock after acquiring an additional 1,495 shares during the quarter. TD Private Client Wealth LLC’s holdings in Sony Group were worth $1,085,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Fisher Asset Management LLC raised its holdings in shares of Sony Group by 12.7% in the 3rd quarter. Fisher Asset Management LLC now owns 8,636,355 shares of the company’s stock worth $834,013,000 after acquiring an additional 972,075 shares during the last quarter. Mediolanum International Funds Ltd bought a new stake in Sony Group during the 3rd quarter worth approximately $109,462,000. Marshall Wace LLP raised its stake in shares of Sony Group by 8,495.0% in the second quarter. Marshall Wace LLP now owns 848,414 shares of the company’s stock worth $72,073,000 after purchasing an additional 838,543 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of Sony Group by 0.5% in the third quarter. Thrivent Financial for Lutherans now owns 637,656 shares of the company’s stock valued at $61,579,000 after purchasing an additional 2,974 shares in the last quarter. Finally, Sei Investments Co. boosted its position in shares of Sony Group by 3.5% during the second quarter. Sei Investments Co. now owns 611,514 shares of the company’s stock valued at $51,946,000 after buying an additional 20,802 shares during the last quarter. 14.05% of the stock is owned by institutional investors and hedge funds.

Sony Group Trading Down 3.1 %

NYSE SONY opened at $21.69 on Friday. The business’s fifty day moving average is $19.14 and its 200-day moving average is $9.51. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.66 and a quick ratio of 0.49. The stock has a market capitalization of $131.17 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 14.04 and a beta of 0.98. Sony Group Co. has a one year low of $15.02 and a one year high of $22.71.

Analysts Set New Price Targets

A number of equities research analysts recently commented on SONY shares. StockNews.com lowered Sony Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 19th. TD Cowen lowered their target price on shares of Sony Group from $107.00 to $23.00 and set a “buy” rating for the company in a report on Friday, October 11th. Daiwa America upgraded shares of Sony Group to a “strong-buy” rating in a report on Wednesday, September 18th. Finally, Oppenheimer reduced their price objective on shares of 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 one has assigned a strong buy rating to the stock. According to data from MarketBeat, Sony Group currently 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.