Algert Global LLC Has $2.51 Million Position in OneSpaWorld Holdings Limited $OSW

Key Points

• Algert Global LLC has reduced its stake in OneSpaWorld by 57.4%, owning approximately 149,752 shares worth $2.5 million after selling over 202,000 shares in the first quarter.
• OneSpaWorld recently reported earnings of $0.25 per share, surpassing analysts' expectations, and had a revenue increase of 7% compared to the same quarter last year.
• The company has declared a quarterly dividend of $0.04 per share, representing a 0.7% yield, with a payout ratio of 23.53%.

Algert Global LLC reduced its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 57.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 149,752 shares of the company's stock after selling 202,187 shares during the period. Algert Global LLC owned approximately 0.14% of OneSpaWorld worth $2,514,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in OneSpaWorld by 9.3% in the 1st quarter. Vanguard Group Inc. now owns 2,982,065 shares of the company's stock worth $50,069,000 after buying an additional 253,112 shares during the period. Victory Capital Management Inc. increased its position in OneSpaWorld by 2,326.2% in the 1st quarter. Victory Capital Management Inc. now owns 2,788,705 shares of the company's stock worth $46,822,000 after buying an additional 2,673,765 shares during the period. Dimensional Fund Advisors LP increased its position in shares of OneSpaWorld by 4.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,612,894 shares of the company's stock valued at $51,997,000 after purchasing an additional 120,979 shares during the period. Wellington Management Group LLP increased its position in shares of OneSpaWorld by 16.8% during the fourth quarter. Wellington Management Group LLP now owns 2,092,683 shares of the company's stock valued at $41,644,000 after purchasing an additional 301,651 shares during the period. Finally, American Century Companies Inc. increased its position in shares of OneSpaWorld by 566.4% during the first quarter. American Century Companies Inc. now owns 1,448,268 shares of the company's stock valued at $24,316,000 after purchasing an additional 1,230,931 shares during the period. 95.98% of the stock is owned by institutional investors.

OneSpaWorld Price Performance

OSW stock traded up $0.38 during trading on Tuesday, hitting $22.82. The company had a trading volume of 461,465 shares, compared to its average volume of 523,475. The company has a fifty day moving average price of $21.44 and a two-hundred day moving average price of $19.44. The company has a current ratio of 1.88, a quick ratio of 1.19 and a debt-to-equity ratio of 0.17. The company has a market cap of $2.34 billion, a P/E ratio of 33.56 and a beta of 1.38. OneSpaWorld Holdings Limited has a fifty-two week low of $14.21 and a fifty-two week high of $23.17.

OneSpaWorld (NASDAQ:OSW - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.24 by $0.01. The business had revenue of $240.73 million for the quarter, compared to analyst estimates of $238.28 million. OneSpaWorld had a return on equity of 15.93% and a net margin of 7.74%.OneSpaWorld's quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.20 EPS. OneSpaWorld has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts expect that OneSpaWorld Holdings Limited will post 0.9 earnings per share for the current fiscal year.

OneSpaWorld Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 3rd. Shareholders of record on Wednesday, August 20th will be paid a $0.04 dividend. The ex-dividend date of this dividend is Wednesday, August 20th. This represents a $0.16 dividend on an annualized basis and a yield of 0.7%. OneSpaWorld's payout ratio is currently 23.53%.

Wall Street Analyst Weigh In

OSW has been the topic of a number of research reports. Truist Financial boosted their price objective on OneSpaWorld from $19.00 to $21.00 and gave the company a "buy" rating in a research report on Monday, June 9th. Stifel Nicolaus boosted their price objective on OneSpaWorld from $23.00 to $25.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. William Blair restated an "outperform" rating on shares of OneSpaWorld in a research report on Wednesday, July 23rd. TD Securities lowered their price objective on OneSpaWorld from $24.00 to $22.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Finally, Cowen restated a "buy" rating on shares of OneSpaWorld in a research report on Thursday, May 1st. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $22.67.

Insiders Place Their Bets

In other OneSpaWorld news, Director Andrew R. Heyer sold 31,289 shares of the business's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $21.59, for a total value of $675,529.51. Following the transaction, the director owned 332,145 shares of the company's stock, valued at approximately $7,171,010.55. The trade was a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Glenn Fusfield sold 23,116 shares of the business's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $21.57, for a total value of $498,612.12. Following the completion of the transaction, the director directly owned 151,799 shares in the company, valued at approximately $3,274,304.43. This represents a 13.22% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 214,129 shares of company stock worth $4,701,156. Insiders own 3.90% of the company's stock.

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.