SG Americas Securities LLC Takes $528,000 Position in Soho House & Co Inc. $SHCO

SG Americas Securities LLC bought a new position in shares of Soho House & Co Inc. (NYSE:SHCO) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 59,706 shares of the company’s stock, valued at approximately $528,000.

Several other large investors also recently modified their holdings of SHCO. GAM Holding AG purchased a new stake in Soho House & Co Inc. in the 2nd quarter worth approximately $623,000. Savant Capital LLC bought a new position in shares of Soho House & Co Inc. during the second quarter valued at approximately $144,000. Thematics Asset Management lifted its stake in Soho House & Co Inc. by 12.7% in the second quarter. Thematics Asset Management now owns 548,754 shares of the company’s stock worth $4,033,000 after acquiring an additional 61,728 shares during the period. Eschler Asset Management LLP purchased a new stake in Soho House & Co Inc. in the second quarter worth $564,000. Finally, Orion Porfolio Solutions LLC boosted its holdings in Soho House & Co Inc. by 159.5% in the second quarter. Orion Porfolio Solutions LLC now owns 27,266 shares of the company’s stock valued at $200,000 after acquiring an additional 16,759 shares in the last quarter. 62.35% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on SHCO shares. Weiss Ratings restated a “sell (d-)” rating on shares of Soho House & Co Inc. in a report on Wednesday. Zacks Research cut shares of Soho House & Co Inc. from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 7th. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $9.00.

Soho House & Co Inc. Trading Down 0.2%

SHCO opened at $8.91 on Friday. The stock has a fifty day simple moving average of $8.79 and a two-hundred day simple moving average of $8.44. The company has a market cap of $1.74 billion, a price-to-earnings ratio of -22.26 and a beta of 0.69. Soho House & Co Inc. has a 12-month low of $4.77 and a 12-month high of $8.98.

Soho House & Co Inc. (NYSE:SHCO) last announced its earnings results on Friday, November 7th. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.12). The business had revenue of $370.75 million for the quarter, compared to the consensus estimate of $352.80 million. Soho House & Co Inc. had a negative net margin of 6.00% and a negative return on equity of 4.02%. On average, analysts predict that Soho House & Co Inc. will post -0.43 EPS for the current year.

About Soho House & Co Inc.

Soho House & Co Inc is a global hospitality and membership company that operates a network of private clubs, hotels, restaurants, workspaces and leisure facilities aimed primarily at creative professionals. Its core offering revolves around exclusive, members-only “Houses” that combine social spaces, dining venues, screening rooms, spas and event programming under one roof. The company’s diversified portfolio extends to branded hotels and short-stay locations, as well as co-working facilities under the Soho Works banner.

The company was founded in 1995 by Nick Jones in London, with the inaugural House offering serving emerging artists, filmmakers and designers.