992,554 Shares in Soho House & Co Inc. (NYSE:SHCO) Bought by TIG Advisors LLC

TIG Advisors LLC bought a new stake in Soho House & Co Inc. (NYSE:SHCO) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 992,554 shares of the company’s stock, valued at approximately $7,395,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Renaissance Technologies LLC acquired a new position in Soho House & Co Inc. in the fourth quarter valued at about $742,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Soho House & Co Inc. during the 4th quarter worth about $596,000. JPMorgan Chase & Co. raised its position in shares of Soho House & Co Inc. by 831.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 65,376 shares of the company’s stock worth $333,000 after acquiring an additional 58,356 shares in the last quarter. Orion Portfolio Solutions LLC purchased a new stake in shares of Soho House & Co Inc. during the 4th quarter worth approximately $111,000. Finally, Townsquare Capital LLC acquired a new stake in shares of Soho House & Co Inc. during the fourth quarter worth about $108,000. 62.35% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Roth Mkm reaffirmed a “buy” rating and set a $9.00 price objective on shares of Soho House & Co Inc. in a research report on Wednesday, April 2nd.

Soho House & Co Inc. Stock Down 2.0 %

Shares of SHCO opened at $5.78 on Tuesday. Soho House & Co Inc. has a 52-week low of $4.43 and a 52-week high of $8.47. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of -8.26 and a beta of 0.61. The business’s 50 day moving average is $6.14 and its two-hundred day moving average is $6.29.

Soho House & Co Inc. (NYSE:SHCO) last posted its quarterly earnings data on Monday, March 31st. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.03). The firm had revenue of $305.54 million for the quarter, compared to the consensus estimate of $305.54 million. On average, equities analysts expect that Soho House & Co Inc. will post -0.43 earnings per share for the current fiscal year.

About Soho House & Co Inc.

Soho House & Co, Inc is a holding company, which offers global membership platform of physical and digital spaces. It operates through the following segments: UK, North America, Europe and Rest of the World, and All Other. The company was founded by Nicholas Keith Arthur Jones in 1995 and is headquartered in London, the United Kingdom.