American Century Companies Inc. Acquires 1,230,931 Shares of OneSpaWorld Holdings Limited $OSW

Key Points

• American Century Companies Inc. has significantly increased its stake in OneSpaWorld Holdings by 566.4%, owning 1,448,268 shares valued at approximately $24.32 million.
• Insiders at OneSpaWorld have recently sold a total of 156,824 shares, valued at $3.4 million, indicating a reduction in their ownership percentage.
• OneSpaWorld's recent quarterly earnings showed an increase in revenue by 7.0%, totaling $240.73 million, and surpassing analyst expectations.

American Century Companies Inc. grew its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 566.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,448,268 shares of the company's stock after purchasing an additional 1,230,931 shares during the quarter. American Century Companies Inc. owned about 1.38% of OneSpaWorld worth $24,316,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Amalgamated Bank grew its position in shares of OneSpaWorld by 22.2% in the first quarter. Amalgamated Bank now owns 3,479 shares of the company's stock valued at $58,000 after purchasing an additional 631 shares during the last quarter. Aquatic Capital Management LLC acquired a new stake in shares of OneSpaWorld in the fourth quarter valued at about $81,000. GAMMA Investing LLC grew its position in shares of OneSpaWorld by 2,005.8% in the first quarter. GAMMA Investing LLC now owns 8,697 shares of the company's stock valued at $146,000 after purchasing an additional 8,284 shares during the last quarter. PharVision Advisers LLC acquired a new stake in shares of OneSpaWorld in the fourth quarter valued at about $203,000. Finally, Ethic Inc. acquired a new stake in shares of OneSpaWorld in the fourth quarter valued at about $206,000. 95.98% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Stifel Nicolaus lifted their target price on OneSpaWorld from $23.00 to $25.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. TD Securities decreased their target price on OneSpaWorld from $24.00 to $22.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Cowen reissued a "buy" rating on shares of OneSpaWorld in a research report on Thursday, May 1st. Truist Financial lifted their target price on OneSpaWorld from $19.00 to $21.00 and gave the stock a "buy" rating in a research report on Monday, June 9th. Finally, William Blair reissued an "outperform" rating on shares of OneSpaWorld in a research report on Wednesday, July 23rd. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, OneSpaWorld presently has a consensus rating of "Buy" and a consensus target price of $22.67.

Insider Activity at OneSpaWorld

In related news, Director Glenn Fusfield sold 23,116 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $21.57, for a total value of $498,612.12. Following the completion of the transaction, the director owned 151,799 shares in the company, valued at $3,274,304.43. The trade was a 13.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Andrew R. Heyer sold 31,289 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $21.59, for a total transaction of $675,529.51. Following the completion of the transaction, the director owned 332,145 shares of the company's stock, valued at $7,171,010.55. This trade represents a 8.61% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 214,129 shares of company stock valued at $4,701,156 in the last 90 days. 3.90% of the stock is currently owned by corporate insiders.

OneSpaWorld Price Performance

NASDAQ OSW traded down $0.23 during trading on Thursday, reaching $22.71. 102,508 shares of the company traded hands, compared to its average volume of 766,514. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.19 and a current ratio of 1.88. The stock's 50 day moving average price is $21.51 and its two-hundred day moving average price is $19.47. The company has a market cap of $2.33 billion, a price-to-earnings ratio of 33.39 and a beta of 1.38. OneSpaWorld Holdings Limited has a 1-year low of $14.21 and a 1-year high of $23.28.

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

OneSpaWorld Dividend Announcement

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

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.