Eschler Asset Management LLP Purchases Shares of 76,700 Soho House & Co Inc. $SHCO

Eschler Asset Management LLP acquired a new stake in Soho House & Co Inc. (NYSE:SHCO) during the 2nd quarter, Holdings Channel reports. The firm acquired 76,700 shares of the company’s stock, valued at approximately $564,000.

A number of other hedge funds have also recently made changes to their positions in SHCO. AlphaQuest LLC bought a new stake in Soho House & Co Inc. during the 1st quarter valued at approximately $27,000. CWM LLC boosted its stake in Soho House & Co Inc. by 2,507.0% in the 2nd quarter. CWM LLC now owns 4,093 shares of the company’s stock worth $30,000 after purchasing an additional 3,936 shares during the period. Bank of America Corp DE grew its holdings in Soho House & Co Inc. by 551.8% during the 2nd quarter. Bank of America Corp DE now owns 6,766 shares of the company’s stock valued at $50,000 after buying an additional 5,728 shares in the last quarter. HighTower Advisors LLC bought a new stake in shares of Soho House & Co Inc. during the first quarter valued at approximately $79,000. Finally, Occudo Quantitative Strategies LP purchased a new position in shares of Soho House & Co Inc. in the second quarter worth $82,000. Institutional investors own 62.35% of the company’s stock.

Analyst Upgrades and Downgrades

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

Soho House & Co Inc. Stock Performance

Shares of SHCO opened at $8.94 on Friday. The stock has a market capitalization of $1.75 billion, a PE ratio of -22.34 and a beta of 0.69. The company’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.

Soho House & Co Inc. (NYSE:SHCO) last issued its quarterly earnings data 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 business had revenue of $370.75 million during the quarter, compared to analysts’ expectations of $352.80 million. As a group, research analysts forecast that Soho House & Co Inc. will post -0.43 earnings per share 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.