Soho House & Co Inc. (NYSE:SHCO - Get Free Report) saw strong trading volume on Friday . 190,683 shares were traded during mid-day trading, a decline of 17% from the previous session's volume of 229,798 shares.The stock last traded at $7.62 and had previously closed at $7.22.
Wall Street Analysts Forecast Growth
Separately, Morgan Stanley reaffirmed an "equal weight" rating and issued a $5.50 price target on shares of Soho House & Co Inc. in a research note on Tuesday, September 3rd.
View Our Latest Research Report on Soho House & Co Inc.
Soho House & Co Inc. Stock Down 2.1 %
The firm has a market cap of $1.38 billion, a PE ratio of -7.68 and a beta of 0.70. The stock's fifty day simple moving average is $5.21 and its two-hundred day simple moving average is $5.34.
Institutional Trading of Soho House & Co Inc.
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Barclays PLC lifted its position in Soho House & Co Inc. by 1,255.3% in the 3rd quarter. Barclays PLC now owns 8,132 shares of the company's stock valued at $41,000 after acquiring an additional 7,532 shares in the last quarter. FMR LLC increased its position in shares of Soho House & Co Inc. by 303.7% during the 3rd 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 last quarter. Daiwa Securities Group Inc. lifted its stake in shares of Soho House & Co Inc. by 13.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 17,200 shares of the company's stock worth $88,000 after purchasing an additional 2,100 shares during the period. Wolverine Trading LLC purchased a new position in shares of Soho House & Co Inc. in the third quarter worth approximately $97,000. Finally, Symmetry Investments LP grew its position in Soho House & Co Inc. by 93.0% during the second quarter. Symmetry Investments LP now owns 19,300 shares of the company's stock valued at $102,000 after buying an additional 9,300 shares during the period. Hedge funds and other institutional investors own 62.35% of the company's stock.
Soho House & Co Inc. Company Profile
(
Get Free Report)
Soho House & Co Inc operates a global membership platform of physical and digital spaces that connects a group of members. The company helps the members to use the platform to work, socialize, connect, create, and flourish all over the world. The company was formerly known as Membership Collective Group Inc and changed its name to Soho House & Co Inc in March 2023.
Further Reading
Before you consider Soho House & Co Inc., you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Soho House & Co Inc. wasn't on the list.
While Soho House & Co Inc. currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
