Algert Global LLC Grows Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Algert Global LLC lifted its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 20.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 351,939 shares of the company's stock after purchasing an additional 58,614 shares during the period. Algert Global LLC owned 0.34% of OneSpaWorld worth $7,004,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Summit Investment Advisors Inc. lifted its position in shares of OneSpaWorld by 6.8% during the 4th quarter. Summit Investment Advisors Inc. now owns 10,511 shares of the company's stock valued at $209,000 after acquiring an additional 668 shares during the period. Signaturefd LLC increased its position in OneSpaWorld by 139.9% in the 4th quarter. Signaturefd LLC now owns 1,317 shares of the company's stock valued at $26,000 after buying an additional 768 shares in the last quarter. Sheets Smith Wealth Management increased its holdings in shares of OneSpaWorld by 3.3% during the fourth quarter. Sheets Smith Wealth Management now owns 32,952 shares of the company's stock valued at $656,000 after acquiring an additional 1,050 shares in the last quarter. Global Retirement Partners LLC bought a new position in shares of OneSpaWorld in the 4th quarter worth $26,000. Finally, Swiss National Bank raised its holdings in OneSpaWorld by 0.7% during the fourth quarter. Swiss National Bank now owns 195,700 shares of the company's stock worth $3,894,000 after buying an additional 1,400 shares during the last quarter. Institutional investors and hedge funds own 95.98% of the company's stock.

OneSpaWorld Stock Performance

OSW traded down $0.06 during trading on Friday, hitting $18.78. 611,172 shares of the company traded hands, compared to its average volume of 699,009. OneSpaWorld Holdings Limited has a one year low of $14.21 and a one year high of $23.01. The stock's fifty day moving average is $17.21 and its 200 day moving average is $18.86. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18. The firm has a market cap of $1.97 billion, a P/E ratio of 26.83 and a beta of 1.36.

OneSpaWorld Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be paid a dividend of $0.04 per share. The ex-dividend date is Wednesday, May 21st. This represents a $0.16 annualized dividend and a dividend yield of 0.85%. OneSpaWorld's payout ratio is currently 25.00%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on OSW shares. TD Securities dropped their price target on shares of OneSpaWorld from $24.00 to $22.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Stifel Nicolaus reduced their target price on shares of OneSpaWorld from $25.00 to $21.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Cowen restated a "buy" rating on shares of OneSpaWorld in a report on Thursday, May 1st. Finally, Truist Financial decreased their price objective on shares of OneSpaWorld from $22.00 to $19.00 and set a "buy" rating for the company in a research note on Tuesday, April 29th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $19.60.

OneSpaWorld Profile

OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services.