American Century Companies Inc. Purchases 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. lifted its position in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 566.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,448,268 shares of the company's stock after buying 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 SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Amalgamated Bank boosted its position in OneSpaWorld by 22.2% during the first quarter. Amalgamated Bank now owns 3,479 shares of the company's stock worth $58,000 after purchasing an additional 631 shares during the period. Aquatic Capital Management LLC bought a new position in OneSpaWorld during the fourth quarter worth $81,000. GAMMA Investing LLC boosted its position in OneSpaWorld by 2,005.8% during the first quarter. GAMMA Investing LLC now owns 8,697 shares of the company's stock worth $146,000 after purchasing an additional 8,284 shares during the period. MQS Management LLC bought a new position in OneSpaWorld during the first quarter worth $185,000. Finally, Diversified Trust Co bought a new position in OneSpaWorld during the first quarter worth $191,000. 95.98% of the stock is owned by institutional investors.

Insider Transactions at OneSpaWorld

In other OneSpaWorld news, Director Andrew R. Heyer sold 31,289 shares of OneSpaWorld stock in a transaction dated 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 in the company, valued at $7,171,010.55. The trade was a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Glenn Fusfield sold 23,116 shares of OneSpaWorld stock in a transaction dated 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 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 quarter, insiders sold 214,129 shares of company stock worth $4,701,156. Company insiders own 3.90% of the company's stock.

OneSpaWorld Price Performance

OSW stock traded up $0.14 during midday trading on Wednesday, reaching $22.96. The company had a trading volume of 435,058 shares, compared to its average volume of 769,004. The company has a market capitalization of $2.36 billion, a price-to-earnings ratio of 33.74 and a beta of 1.38. The stock has a 50 day moving average price of $21.44 and a 200-day moving average price of $19.44. OneSpaWorld Holdings Limited has a 1-year low of $14.21 and a 1-year high of $23.28. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.88 and a quick ratio of 1.19.

OneSpaWorld (NASDAQ:OSW - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.01. The business had revenue of $240.73 million during 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 for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.20 earnings per share. 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 year.

OneSpaWorld Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research firms have commented on OSW. Stifel Nicolaus lifted their price objective on shares of OneSpaWorld from $23.00 to $25.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. William Blair reissued an "outperform" rating on shares of OneSpaWorld in a report on Wednesday, July 23rd. Truist Financial lifted their target price on OneSpaWorld from $19.00 to $21.00 and gave the stock a "buy" rating in a report on Monday, June 9th. TD Securities dropped their target price on OneSpaWorld from $24.00 to $22.00 and set a "buy" rating for the company in a report on Thursday, May 1st. Finally, Wall Street Zen downgraded OneSpaWorld from a "buy" rating to a "hold" rating in a report on Saturday. Five research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $22.67.

About OneSpaWorld

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.