Driehaus Capital Management LLC Has $37.10 Million Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Driehaus Capital Management LLC cut its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 1.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,864,398 shares of the company's stock after selling 18,158 shares during the quarter. Driehaus Capital Management LLC owned 1.79% of OneSpaWorld worth $37,102,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Victory Capital Management Inc. increased its holdings in shares of OneSpaWorld by 24.9% in the 4th quarter. Victory Capital Management Inc. now owns 114,940 shares of the company's stock valued at $2,287,000 after purchasing an additional 22,935 shares during the period. William Blair Investment Management LLC increased its stake in OneSpaWorld by 6.1% in the 4th quarter. William Blair Investment Management LLC now owns 1,802,099 shares of the company's stock valued at $35,862,000 after buying an additional 103,799 shares during the period. Blair William & Co. IL increased its stake in OneSpaWorld by 838.3% in the 4th quarter. Blair William & Co. IL now owns 176,074 shares of the company's stock valued at $3,504,000 after buying an additional 157,309 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of OneSpaWorld by 25.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 147,140 shares of the company's stock valued at $2,928,000 after acquiring an additional 29,847 shares in the last quarter. Finally, Barclays PLC increased its stake in shares of OneSpaWorld by 177.8% in the third quarter. Barclays PLC now owns 198,549 shares of the company's stock worth $3,278,000 after acquiring an additional 127,074 shares during the last quarter. 95.98% of the stock is currently owned by institutional investors and hedge funds.

OneSpaWorld Stock Performance

OSW stock traded up $0.73 during midday trading on Monday, hitting $19.47. 689,915 shares of the company traded hands, compared to its average volume of 698,972. OneSpaWorld Holdings Limited has a twelve month low of $14.21 and a twelve month high of $23.01. The stock has a market capitalization of $2.04 billion, a price-to-earnings ratio of 27.81 and a beta of 1.36. 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 business has a 50 day simple moving average of $17.21 and a 200-day simple moving average of $18.87.

OneSpaWorld Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st will be issued a $0.04 dividend. The ex-dividend date is Wednesday, May 21st. This represents a $0.16 annualized dividend and a yield of 0.82%. OneSpaWorld's dividend payout ratio (DPR) is presently 25.00%.

Analysts Set New Price Targets

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

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.