Soho House & Co Inc. (NYSE:SHCO) Short Interest Down 20.9% in December

Soho House & Co Inc. (NYSE:SHCO) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 2,798,213 shares, a decrease of 20.9% from the December 15th total of 3,535,593 shares. Based on an average daily volume of 351,656 shares, the short-interest ratio is currently 8.0 days. Approximately 5.7% of the shares of the company are short sold. Approximately 5.7% of the shares of the company are short sold. Based on an average daily volume of 351,656 shares, the short-interest ratio is currently 8.0 days.

Hedge Funds Weigh In On Soho House & Co Inc.

Several hedge funds have recently made changes to their positions in the business. GAM Holding AG purchased a new stake in Soho House & Co Inc. in the second quarter worth about $623,000. Savant Capital LLC bought a new position in shares of Soho House & Co Inc. in the 2nd quarter worth approximately $144,000. Thematics Asset Management lifted its stake in shares of Soho House & Co Inc. by 12.7% in the 2nd quarter. Thematics Asset Management now owns 548,754 shares of the company’s stock valued at $4,033,000 after purchasing an additional 61,728 shares during the period. Wolverine Asset Management LLC bought a new stake in shares of Soho House & Co Inc. during the third quarter valued at approximately $804,000. Finally, Eschler Asset Management LLP bought a new stake in shares of Soho House & Co Inc. during the second quarter valued at approximately $564,000. 62.35% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently commented on SHCO shares. Zacks Research downgraded shares of Soho House & Co Inc. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 7th. Weiss Ratings restated a “sell (d-)” rating on shares of Soho House & Co Inc. in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $9.00.

Soho House & Co Inc. Stock Down 0.1%

Shares of Soho House & Co Inc. stock traded down $0.01 during trading on Monday, reaching $8.88. The company’s stock had a trading volume of 2,091,829 shares, compared to its average volume of 1,923,069. The company has a market cap of $1.74 billion, a price-to-earnings ratio of -22.19 and a beta of 0.69. The firm’s 50-day moving average is $8.79 and its two-hundred day moving average is $8.40. Soho House & Co Inc. has a 52-week low of $4.77 and a 52-week high of $8.98.

Soho House & Co Inc. (NYSE:SHCO) last issued its earnings results on Friday, November 7th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.12). The company had revenue of $370.75 million for the quarter, compared to analysts’ expectations of $352.80 million. Soho House & Co Inc. had a negative net margin of 6.00% and a negative return on equity of 4.02%. On average, equities research 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 global hospitality and membership company that operates a network of private clubs, hotels, restaurants, workspaces and leisure facilities aimed primarily at creative professionals. Its core offering revolves around exclusive, members-only “Houses” that combine social spaces, dining venues, screening rooms, spas and event programming under one roof. The company’s diversified portfolio extends to branded hotels and short-stay locations, as well as co-working facilities under the Soho Works banner.

The company was founded in 1995 by Nick Jones in London, with the inaugural House offering serving emerging artists, filmmakers and designers.