Soho House & Co Inc. (NYSE:SHCO) Receives Buy Rating from Roth Mkm

Roth Mkm reiterated their buy rating on shares of Soho House & Co Inc. (NYSE:SHCO) in a research report sent to investors on Wednesday,Benzinga reports. Roth Mkm currently has a $9.00 price target on the stock.

Soho House & Co Inc. Trading Down 2.0 %

Shares of SHCO opened at $6.24 on Wednesday. Soho House & Co Inc. has a 12 month low of $4.43 and a 12 month high of $8.47. The stock has a fifty day moving average price of $7.11 and a 200-day moving average price of $6.25. The firm has a market cap of $1.21 billion, a PE ratio of -8.91 and a beta of 0.55.

Institutional Investors Weigh In On Soho House & Co Inc.

Several institutional investors have recently added to or reduced their stakes in the business. KLP Kapitalforvaltning AS acquired a new stake in shares of Soho House & Co Inc. during the fourth quarter worth $40,000. Barclays PLC lifted its position 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 acquiring an additional 7,532 shares during the period. Covestor Ltd purchased a new stake in Soho House & Co Inc. during the 4th quarter valued at about $59,000. FMR LLC increased its holdings in shares of Soho House & Co Inc. by 303.7% in the third quarter. FMR LLC now owns 13,479 shares of the company’s stock valued at $69,000 after purchasing an additional 10,140 shares during the period. Finally, R Squared Ltd purchased a new position in shares of Soho House & Co Inc. in the fourth quarter worth about $82,000. Institutional investors and hedge funds own 62.35% of the company’s stock.

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.