FNY Investment Advisers LLC Acquires Shares of 5,000 Soho House & Co Inc. (NYSE:SHCO)

FNY Investment Advisers LLC acquired a new stake in shares of Soho House & Co Inc. (NYSE:SHCO) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,000 shares of the company’s stock, valued at approximately $30,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP raised its stake in shares of Soho House & Co Inc. by 4.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 64,348 shares of the company’s stock worth $479,000 after buying an additional 2,670 shares in the last quarter. Algert Global LLC raised its stake in shares of Soho House & Co Inc. by 2.7% during the 4th quarter. Algert Global LLC now owns 122,811 shares of the company’s stock worth $915,000 after buying an additional 3,202 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of Soho House & Co Inc. during the 4th quarter worth approximately $40,000. Northern Trust Corp raised its stake in shares of Soho House & Co Inc. by 5.9% during the 4th quarter. Northern Trust Corp now owns 106,355 shares of the company’s stock worth $792,000 after buying an additional 5,899 shares in the last quarter. Finally, Covestor Ltd purchased a new position in shares of Soho House & Co Inc. during the 4th quarter worth approximately $59,000. 62.35% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Soho House & Co Inc. Trading Down 2.0%

Shares of SHCO stock opened at $6.94 on Wednesday. The company has a market cap of $1.35 billion, a price-to-earnings ratio of -11.57 and a beta of 0.62. The stock has a 50 day simple moving average of $6.10 and a 200-day simple moving average of $6.56. Soho House & Co Inc. has a 12-month low of $4.43 and a 12-month high of $8.47.

Soho House & Co Inc. (NYSE:SHCO) last released its quarterly earnings results on Friday, May 9th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.18. The firm had revenue of $282.86 million during the quarter, compared to analyst estimates of $275.60 million. On average, equities analysts forecast 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.