Eschler Asset Management LLP Acquires New Shares in Soho House & Co Inc. $SHCO

Eschler Asset Management LLP acquired a new position in Soho House & Co Inc. (NYSE:SHCO) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 76,700 shares of the company’s stock, valued at approximately $564,000.

Several other hedge funds and other institutional investors have also bought and sold shares of SHCO. HighTower Advisors LLC bought a new stake in shares of Soho House & Co Inc. in the first quarter worth approximately $79,000. Rathbones Group PLC boosted its holdings in Soho House & Co Inc. by 11.6% in the first quarter. Rathbones Group PLC now owns 40,850 shares of the company’s stock worth $252,000 after purchasing an additional 4,250 shares during the last quarter. Algert Global LLC boosted its holdings in Soho House & Co Inc. by 41.4% in the first quarter. Algert Global LLC now owns 173,631 shares of the company’s stock worth $1,073,000 after purchasing an additional 50,820 shares during the last quarter. EntryPoint Capital LLC grew its position in Soho House & Co Inc. by 510.7% in the 1st quarter. EntryPoint Capital LLC now owns 66,706 shares of the company’s stock worth $412,000 after purchasing an additional 55,783 shares during the period. Finally, AlphaQuest LLC purchased a new stake in Soho House & Co Inc. during the 1st quarter valued at $27,000. Institutional investors own 62.35% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on SHCO shares. Weiss Ratings restated a “sell (d-)” rating on shares of Soho House & Co Inc. in a research note on Wednesday, October 8th. Roth Capital downgraded Soho House & Co Inc. from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. Finally, Zacks Research downgraded Soho House & Co Inc. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 7th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Soho House & Co Inc. presently has an average rating of “Hold” and a consensus price target of $9.00.

Soho House & Co Inc. Stock Performance

NYSE SHCO opened at $8.94 on Friday. The business’s fifty day moving average is $8.86 and its 200 day moving average is $8.05. Soho House & Co Inc. has a fifty-two week low of $4.77 and a fifty-two week high of $8.95. The company has a market capitalization of $1.75 billion, a PE ratio of -22.34 and a beta of 0.69.

Soho House & Co Inc. (NYSE:SHCO) last issued its quarterly 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). Soho House & Co Inc. had a negative return on equity of 4.02% and a negative net margin of 6.00%.The company had revenue of $370.75 million during the quarter, compared to analysts’ expectations of $352.80 million. On average, sell-side analysts forecast that Soho House & Co Inc. will post -0.43 EPS for the current year.

Soho House & Co Inc. Profile

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.