TIG Advisors LLC Invests $7.40 Million in Soho House & Co Inc. (NYSE:SHCO)

TIG Advisors LLC acquired a new stake in Soho House & Co Inc. (NYSE:SHCO) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 992,554 shares of the company’s stock, valued at approximately $7,395,000. TIG Advisors LLC owned 0.51% of Soho House & Co Inc. at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Barclays PLC raised its holdings in Soho House & Co Inc. by 1,255.3% during the 3rd quarter. Barclays PLC now owns 8,132 shares of the company’s stock worth $41,000 after purchasing an additional 7,532 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Soho House & Co Inc. by 831.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 65,376 shares of the company’s stock valued at $333,000 after purchasing an additional 58,356 shares in the last quarter. Jane Street Group LLC increased its stake in Soho House & Co Inc. by 28.1% in the third quarter. Jane Street Group LLC now owns 23,972 shares of the company’s stock valued at $122,000 after purchasing an additional 5,255 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in Soho House & Co Inc. in the fourth quarter valued at approximately $596,000. Finally, Orion Portfolio Solutions LLC bought a new position in shares of Soho House & Co Inc. in the fourth quarter valued at $111,000. Institutional investors own 62.35% of the company’s stock.

Wall Street Analyst Weigh In

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

Soho House & Co Inc. Stock Down 2.0 %

Shares of NYSE:SHCO opened at $5.78 on Tuesday. The stock has a market cap of $1.12 billion, a PE ratio of -8.26 and a beta of 0.61. Soho House & Co Inc. has a 52 week low of $4.43 and a 52 week high of $8.47. The company’s fifty day moving average is $6.14 and its 200 day moving average is $6.29.

Soho House & Co Inc. (NYSE:SHCO) last issued its quarterly earnings data on Monday, March 31st. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.03). The business had revenue of $305.54 million for the quarter, compared to analyst estimates of $305.54 million. Sell-side analysts anticipate that Soho House & Co Inc. will post -0.43 EPS for the current 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.