Lansdowne Partners UK LLP Has $19.18 Million Position in Soho House & Co Inc. (NYSE:SHCO)

Lansdowne Partners UK LLP lessened its position in shares of Soho House & Co Inc. (NYSE:SHCO) by 1.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,573,790 shares of the company’s stock after selling 46,169 shares during the period. Soho House & Co Inc. accounts for 1.4% of Lansdowne Partners UK LLP’s holdings, making the stock its 11th biggest holding. Lansdowne Partners UK LLP owned about 1.33% of Soho House & Co Inc. worth $19,175,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SHCO. KLP Kapitalforvaltning AS bought a new position in Soho House & Co Inc. during the fourth quarter valued at $40,000. Covestor Ltd purchased a new position in Soho House & Co Inc. in the fourth quarter worth $59,000. Barclays PLC increased its position in shares of Soho House & Co Inc. by 1,255.3% during the 3rd quarter. Barclays PLC now owns 8,132 shares of the company’s stock valued at $41,000 after purchasing an additional 7,532 shares during the last quarter. R Squared Ltd purchased a new position in shares of Soho House & Co Inc. during the fourth quarter worth approximately $82,000. Finally, FMR LLC lifted its stake in Soho House & Co Inc. by 303.7% in the third quarter. FMR LLC now owns 13,479 shares of the company’s stock worth $69,000 after purchasing an additional 10,140 shares during the last quarter. 62.35% of the stock is owned by institutional investors.

Soho House & Co Inc. Stock Up 3.0 %

NYSE SHCO opened at $5.25 on Friday. The company has a market capitalization of $1.02 billion, a P/E ratio of -7.49 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 stock’s 50-day moving average price is $6.68 and its 200-day moving average price is $6.26.

Soho House & Co Inc. (NYSE:SHCO) last released its quarterly earnings results 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 company had revenue of $305.54 million for the quarter, compared to the consensus estimate of $305.54 million. Research analysts anticipate that Soho House & Co Inc. will post -0.43 EPS for the current year.

Analysts Set New Price Targets

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. 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.