Sony Group (NYSE:SONY) Shares Gap Down to $94.36

Sony Group Co. (NYSE:SONY – Get Free Report)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $94.36, but opened at $92.16. Sony Group shares last traded at $91.21, with a volume of 123,917 shares changing hands. Wall Street Analyst Weigh In Separately, StockNews.com downgraded Sony Group [...]

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Sony Group Co. ( NYSE:SONY – Get Free Report )’s stock price gapped down before the market opened on Friday . The stock had previously closed at $94.

36, but opened at $92.16. Sony Group shares last traded at $91.



21, with a volume of 123,917 shares changing hands. Wall Street Analyst Weigh In Separately, StockNews.com downgraded Sony Group from a “buy” rating to a “hold” rating in a report on Wednesday, August 21st.

Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Sony Group presently has an average rating of “Moderate Buy” and an average target price of $108.00.

Get Our Latest Stock Report on Sony Group Sony Group Stock Performance Shares of Sony Group are going to split on the morning of Monday, September 30th. The 5-1 split was announced on Tuesday, May 14th. The newly created shares will be issued to shareholders after the market closes on Monday, September 30th.

Sony Group ( NYSE:SONY – Get Free Report ) last posted its earnings results on Wednesday, August 7th. The company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.

11 by $0.11. Sony Group had a return on equity of 12.

82% and a net margin of 7.59%. The company had revenue of $19.

32 billion for the quarter, compared to the consensus estimate of $17.42 billion. On average, sell-side analysts anticipate that Sony Group Co.

will post 5.63 EPS for the current year. Institutional Trading of Sony Group A number of hedge funds and other institutional investors have recently bought and sold shares of the stock.

JFS Wealth Advisors LLC increased its position in Sony Group by 24.8% in the fourth quarter. JFS Wealth Advisors LLC now owns 544 shares of the company’s stock worth $52,000 after buying an additional 108 shares in the last quarter.

Legacy Capital Group California Inc. increased its position in Sony Group by 2.4% in the fourth quarter.

Legacy Capital Group California Inc. now owns 4,703 shares of the company’s stock worth $445,000 after buying an additional 110 shares in the last quarter. Brown Brothers Harriman & Co.

increased its position in Sony Group by 16.6% in the fourth quarter. Brown Brothers Harriman & Co.

now owns 786 shares of the company’s stock worth $74,000 after buying an additional 112 shares in the last quarter. American National Bank increased its position in Sony Group by 11.3% in the second quarter.

American National Bank now owns 1,172 shares of the company’s stock worth $100,000 after buying an additional 119 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc.

increased its position in Sony Group by 1.5% in the second quarter. Whittier Trust Co.

of Nevada Inc. now owns 8,656 shares of the company’s stock worth $735,000 after buying an additional 124 shares in the last quarter. Hedge funds and other institutional investors own 14.

05% of the company’s stock. About Sony Group ( Get Free Report ) 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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