Cubist Systematic Strategies LLC Has $837,000 Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Cubist Systematic Strategies LLC reduced its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 82.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,059 shares of the company's stock after selling 202,345 shares during the quarter. Cubist Systematic Strategies LLC's holdings in OneSpaWorld were worth $837,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in shares of OneSpaWorld in the fourth quarter valued at $54,789,000. Vanguard Group Inc. increased its position in OneSpaWorld by 5.2% in the fourth quarter. Vanguard Group Inc. now owns 2,728,953 shares of the company's stock worth $54,306,000 after purchasing an additional 135,923 shares during the period. Dimensional Fund Advisors LP increased its position in OneSpaWorld by 4.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,612,894 shares of the company's stock worth $51,997,000 after purchasing an additional 120,979 shares during the period. Capital International Investors increased its position in OneSpaWorld by 17.7% in the fourth quarter. Capital International Investors now owns 2,531,129 shares of the company's stock worth $50,369,000 after purchasing an additional 380,611 shares during the period. Finally, Wellington Management Group LLP increased its position in OneSpaWorld by 16.8% in the fourth quarter. Wellington Management Group LLP now owns 2,092,683 shares of the company's stock worth $41,644,000 after purchasing an additional 301,651 shares during the period. 95.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently commented on OSW shares. TD Securities lowered their price objective on OneSpaWorld from $24.00 to $22.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Cowen reiterated a "buy" rating on shares of OneSpaWorld in a research report on Thursday, May 1st. Stifel Nicolaus lowered their price objective on OneSpaWorld from $25.00 to $21.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Finally, Truist Financial reduced their target price on OneSpaWorld from $22.00 to $19.00 and set a "buy" rating on the stock in a report on Tuesday, April 29th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $20.25.

OneSpaWorld Stock Down 0.9%

Shares of NASDAQ:OSW traded down $0.18 during trading on Tuesday, hitting $18.92. 37,698 shares of the company's stock traded hands, compared to its average volume of 697,107. The company has a market cap of $1.98 billion, a price-to-earnings ratio of 27.03 and a beta of 1.36. The company has a 50-day moving average price of $17.40 and a 200-day moving average price of $18.94. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. OneSpaWorld Holdings Limited has a 52 week low of $14.21 and a 52 week high of $23.01.

OneSpaWorld Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date is Wednesday, May 21st. OneSpaWorld's dividend payout ratio is presently 25.00%.

OneSpaWorld Company 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.