Northern Trust Corp Purchases 5,899 Shares of Soho House & Co Inc. (NYSE:SHCO)

Northern Trust Corp boosted its position in shares of Soho House & Co Inc. (NYSE:SHCO) by 5.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 106,355 shares of the company’s stock after buying an additional 5,899 shares during the period. Northern Trust Corp owned approximately 0.05% of Soho House & Co Inc. worth $792,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. KLP Kapitalforvaltning AS purchased a new stake in shares of Soho House & Co Inc. during the 4th quarter worth approximately $40,000. Covestor Ltd bought a new stake in shares of Soho House & Co Inc. in the 4th quarter worth about $59,000. R Squared Ltd bought a new stake in shares of Soho House & Co Inc. in the 4th quarter worth about $82,000. XTX Topco Ltd purchased a new stake in shares of Soho House & Co Inc. during the 4th quarter valued at about $101,000. Finally, Jump Financial LLC bought a new position in shares of Soho House & Co Inc. in the 4th quarter valued at about $102,000. 62.35% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Soho House & Co Inc. Stock Performance

NYSE:SHCO opened at $6.38 on Friday. The firm has a market capitalization of $1.24 billion, a PE ratio of -9.11 and a beta of 0.61. The stock’s fifty day moving average is $5.94 and its 200 day moving average is $6.42. Soho House & Co Inc. has a fifty-two week low of $4.43 and a fifty-two week high of $8.47.

Soho House & Co Inc. (NYSE:SHCO) last posted its quarterly earnings data on Friday, May 9th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.18. The firm had revenue of $282.86 million for the quarter, compared to the consensus estimate of $275.60 million. Equities analysts forecast that Soho House & Co Inc. will post -0.43 EPS for the current year.

Soho House & Co Inc. Company 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.