Universal Beteiligungs und Servicegesellschaft mbH Buys New Holdings in Soho House & Co Inc. $SHCO

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Soho House & Co Inc. (NYSE:SHCO) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 67,344 shares of the company’s stock, valued at approximately $596,000.

Several other hedge funds have also recently modified their holdings of SHCO. Scoggin Management LP increased its holdings in Soho House & Co Inc. by 5.6% in the 2nd quarter. Scoggin Management LP now owns 2,150,000 shares of the company’s stock valued at $15,802,000 after acquiring an additional 113,800 shares during the last quarter. Thematics Asset Management grew its position in shares of Soho House & Co Inc. by 12.7% during the second quarter. Thematics Asset Management now owns 548,754 shares of the company’s stock valued at $4,033,000 after purchasing an additional 61,728 shares in the last quarter. Orion Porfolio Solutions LLC increased its holdings in shares of Soho House & Co Inc. by 4,793.2% in the second quarter. Orion Porfolio Solutions LLC now owns 514,128 shares of the company’s stock worth $3,779,000 after purchasing an additional 503,621 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Soho House & Co Inc. by 83.4% in the second quarter. JPMorgan Chase & Co. now owns 116,837 shares of the company’s stock worth $859,000 after buying an additional 53,139 shares in the last quarter. Finally, Wolverine Asset Management LLC bought a new position in Soho House & Co Inc. during the third quarter valued at approximately $804,000. Hedge funds and other institutional investors own 62.35% of the company’s stock.

Wall Street Analysts Forecast Growth

SHCO has been the topic of a number of research reports. Zacks Research downgraded Soho House & Co Inc. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 7th. Weiss Ratings restated a “sell (d-)” rating on shares of Soho House & Co Inc. in a research report on Wednesday, January 21st. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Soho House & Co Inc. presently has a consensus rating of “Reduce” and an average target price of $9.00.

Soho House & Co Inc. Stock Down 0.1%

SHCO stock opened at $9.00 on Tuesday. Soho House & Co Inc. has a twelve month low of $4.77 and a twelve month high of $9.00. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of -22.49 and a beta of 0.69. The firm’s fifty day simple moving average is $8.82 and its two-hundred day simple moving average is $8.53.

Soho House & Co Inc. (NYSE:SHCO) last released its earnings results on Friday, November 7th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.12). The firm had revenue of $370.75 million during the quarter, compared to the consensus estimate of $352.80 million. Soho House & Co Inc. had a negative return on equity of 4.02% and a negative net margin of 6.00%. As a group, equities research analysts expect that Soho House & Co Inc. will post -0.43 EPS for the current year.

Insider Transactions at Soho House & Co Inc.

In other Soho House & Co Inc. news, Director Gjorgi Popstefanov bought 11,111,111 shares of the company’s stock in a transaction on Thursday, January 29th. The stock was acquired at an average price of $9.00 per share, for a total transaction of $99,999,999.00. Following the completion of the transaction, the director directly owned 11,111,111 shares of the company’s stock, valued at approximately $99,999,999. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 74.70% of the stock is currently owned by insiders.

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.