Sapient Capital LLC Acquires Shares of 54,356 Soho House & Co Inc. (NYSE:SHCO)

Sapient Capital LLC acquired a new stake in shares of Soho House & Co Inc. (NYSE:SHCO) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 54,356 shares of the company’s stock, valued at approximately $387,000.

Several other hedge funds have also recently modified their holdings of SHCO. Bank of New York Mellon Corp purchased a new stake in shares of Soho House & Co Inc. in the third quarter worth about $112,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of Soho House & Co Inc. during the 3rd quarter worth approximately $59,000. Daiwa Securities Group Inc. bought a new position in shares of Soho House & Co Inc. during the 3rd quarter valued at approximately $133,000. Arizona State Retirement System bought a new position in shares of Soho House & Co Inc. during the 3rd quarter valued at approximately $69,000. Finally, Jump Financial LLC purchased a new position in shares of Soho House & Co Inc. in the third quarter valued at $90,000. Hedge funds and other institutional investors own 62.35% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on SHCO shares. Roth Mkm decreased their price target on shares of Soho House & Co Inc. from $10.00 to $7.50 and set a “buy” rating on the stock in a research note on Monday, March 18th. Citigroup lowered their price target on shares of Soho House & Co Inc. from $11.00 to $10.00 and set a “buy” rating for the company in a report on Monday, February 12th. Finally, William Blair reiterated an “outperform” rating on shares of Soho House & Co Inc. in a research report on Monday, March 18th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Soho House & Co Inc. has an average rating of “Moderate Buy” and an average target price of $8.50.

Soho House & Co Inc. Price Performance

Soho House & Co Inc. stock opened at $5.18 on Tuesday. Soho House & Co Inc. has a 1-year low of $4.35 and a 1-year high of $8.48. The company’s 50-day moving average is $5.68 and its 200 day moving average is $6.31.

Soho House & Co Inc. (NYSE:SHCO) last issued its quarterly earnings results on Friday, March 15th. 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 $290.79 million during the quarter, compared to analysts’ expectations of $303.05 million. On average, equities research analysts anticipate that Soho House & Co Inc. will post -0.43 EPS for the current year.

Soho House & Co Inc. Company Profile

Soho House & Co Inc operates a global membership platform of physical and digital spaces that connects a group of members. The company helps the members to use the platform to work, socialize, connect, create, and flourish all over the world. The company was formerly known as Membership Collective Group Inc and changed its name to Soho House & Co Inc in March 2023.