Sony Group Co. (NYSE:SONY) Shares Purchased by Humankind Investments LLC

Humankind Investments LLC boosted its position in shares of Sony Group Co. (NYSE:SONY) by 400.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 202,195 shares of the company’s stock after acquiring an additional 161,756 shares during the period. Sony Group comprises 1.1% of Humankind Investments LLC’s investment portfolio, making the stock its 15th biggest holding. Humankind Investments LLC’s holdings in Sony Group were worth $4,278,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SONY. Primecap Management Co. CA raised its holdings in Sony Group by 379.5% during the fourth quarter. Primecap Management Co. CA now owns 101,995,855 shares of the company’s stock worth $2,158,232,000 after purchasing an additional 80,724,932 shares in the last quarter. Aristotle Capital Management LLC boosted its stake in Sony Group by 393.7% in the fourth quarter. Aristotle Capital Management LLC now owns 52,771,882 shares of the company’s stock valued at $1,116,653,000 after acquiring an additional 42,083,842 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of Sony Group by 425.9% during the fourth quarter. Fisher Asset Management LLC now owns 45,420,092 shares of the company’s stock worth $961,089,000 after purchasing an additional 36,783,737 shares during the last quarter. Bank of America Corp DE increased its position in shares of Sony Group by 377.7% during the fourth quarter. Bank of America Corp DE now owns 23,804,970 shares of the company’s stock worth $503,713,000 after purchasing an additional 18,821,902 shares in the last quarter. Finally, Fiduciary Management Inc. WI lifted its holdings in shares of Sony Group by 377.2% in the 4th quarter. Fiduciary Management Inc. WI now owns 10,320,498 shares of the company’s stock valued at $218,382,000 after purchasing an additional 8,157,776 shares during the last quarter. 14.05% of the stock is owned by hedge funds and other institutional investors.

Sony Group Stock Up 1.0 %

SONY stock opened at $24.70 on Friday. The stock has a market capitalization of $149.38 billion, a PE ratio of 20.05, a price-to-earnings-growth ratio of 9.95 and a beta of 0.97. The company has a fifty day moving average of $24.22 and a 200-day moving average of $22.14. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.49 and a current ratio of 0.66. Sony Group Co. has a one year low of $15.19 and a one year high of $26.08.

Sony Group (NYSE:SONY) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.14. The firm had revenue of $28.95 billion during the quarter, compared to the consensus estimate of $24.32 billion. Sony Group had a net margin of 8.21% and a return on equity of 14.10%. As a group, analysts expect that Sony Group Co. will post 1.23 EPS for the current year.

Analysts Set New Price Targets

SONY has been the topic of several research analyst reports. Sanford C. Bernstein started coverage on Sony Group in a research report on Thursday, January 16th. They set an “outperform” rating on the stock. The Goldman Sachs Group began coverage on shares of Sony Group in a research report on Tuesday, March 25th. They issued a “buy” rating for the company. Wolfe Research reissued a “peer perform” rating on shares of Sony Group in a research report on Monday, April 7th. StockNews.com cut shares of Sony Group from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Finally, Oppenheimer reissued an “outperform” rating and set a $33.00 price target (up previously from $25.00) on shares of Sony Group in a report on Thursday, February 20th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $28.00.

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.