Legacy Financial Advisors Inc. Has $396,000 Position in Sony Group Co. (NYSE:SONY)

Legacy Financial Advisors Inc. boosted its stake in shares of Sony Group Co. (NYSE:SONYGet Rating) by 14.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,134 shares of the company’s stock after acquiring an additional 402 shares during the quarter. Legacy Financial Advisors Inc.’s holdings in Sony Group were worth $396,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Delta Financial Advisors LLC raised its stake in Sony Group by 56.5% during the fourth quarter. Delta Financial Advisors LLC now owns 3,810 shares of the company’s stock worth $482,000 after acquiring an additional 1,375 shares in the last quarter. St. James Investment Advisors LLC acquired a new stake in shares of Sony Group in the fourth quarter valued at $79,000. Toronto Dominion Bank increased its stake in shares of Sony Group by 3.4% in the fourth quarter. Toronto Dominion Bank now owns 4,565 shares of the company’s stock valued at $576,000 after buying an additional 148 shares in the last quarter. Atria Investments LLC increased its stake in shares of Sony Group by 6.6% in the fourth quarter. Atria Investments LLC now owns 62,922 shares of the company’s stock valued at $7,953,000 after buying an additional 3,912 shares in the last quarter. Finally, Sage Rhino Capital LLC increased its stake in shares of Sony Group by 8.3% in the fourth quarter. Sage Rhino Capital LLC now owns 4,124 shares of the company’s stock valued at $521,000 after buying an additional 317 shares in the last quarter. Hedge funds and other institutional investors own 15.26% of the company’s stock.

Shares of NYSE:SONY traded down $0.71 during mid-day trading on Monday, reaching $88.43. The stock had a trading volume of 21,952 shares, compared to its average volume of 914,044. The firm has a market cap of $107.90 billion, a PE ratio of 13.93 and a beta of 0.79. The firm has a 50 day simple moving average of $101.90 and a two-hundred day simple moving average of $112.66. The company has a current ratio of 0.65, a quick ratio of 0.55 and a debt-to-equity ratio of 0.13. Sony Group Co. has a twelve month low of $88.00 and a twelve month high of $133.75.

Sony Group (NYSE:SONYGet Rating) last announced its quarterly earnings results on Wednesday, February 2nd. The company reported $2.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.51. The business had revenue of $26.68 billion for the quarter, compared to the consensus estimate of $26.01 billion. Sony Group had a net margin of 8.83% and a return on equity of 12.12%. On average, equities analysts anticipate that Sony Group Co. will post 6.28 EPS for the current fiscal year.

A number of brokerages have recently weighed in on SONY. StockNews.com initiated coverage on Sony Group in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Zacks Investment Research lowered shares of Sony Group from a “buy” rating to a “sell” rating and set a $115.00 target price on the stock. in a research note on Friday, February 4th. One analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $115.00.

About Sony Group (Get Rating)

Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets worldwide. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home and portable game consoles, packaged software, and peripheral devices.

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

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