Truist Financial Corp increased its position in shares of Sony Group Co. (NYSE:SONY – Free Report) by 3.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 83,122 shares of the company’s stock after buying an additional 2,455 shares during the quarter. Truist Financial Corp’s holdings in Sony Group were worth $7,535,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Syverson Strege & Co grew its stake in Sony Group by 31,300.0% in the first quarter. Syverson Strege & Co now owns 314 shares of the company’s stock valued at $28,000 after purchasing an additional 313 shares in the last quarter. JFS Wealth Advisors LLC grew its stake in Sony Group by 116.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 422 shares of the company’s stock valued at $32,000 after purchasing an additional 227 shares in the last quarter. Okabena Investment Services Inc. bought a new position in Sony Group in the fourth quarter valued at approximately $29,000. Resurgent Financial Advisors LLC bought a new position in Sony Group in the fourth quarter valued at approximately $43,000. Finally, Private Trust Co. NA grew its stake in Sony Group by 33.0% in the first quarter. Private Trust Co. NA now owns 572 shares of the company’s stock valued at $52,000 after purchasing an additional 142 shares in the last quarter. 7.90% of the stock is currently owned by institutional investors.
Sony Group Stock Performance
SONY opened at $85.45 on Friday. Sony Group Co. has a 12-month low of $61.72 and a 12-month high of $100.94. The stock has a market cap of $105.44 billion, a price-to-earnings ratio of 15.62, a PEG ratio of 2.91 and a beta of 1.03. The business has a 50 day moving average of $93.44 and a 200-day moving average of $91.18. The company has a quick ratio of 0.46, a current ratio of 0.62 and a debt-to-equity ratio of 0.24.
Wall Street Analyst Weigh In
Read Our Latest Stock Analysis on SONY
About Sony Group
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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