Champlain Investment Partners LLC Makes New $17.59 Million Investment in OneSpaWorld Holdings Limited $OSW

Key Points

• Champlain Investment Partners LLC has acquired 1,047,450 shares of OneSpaWorld Holdings Limited, representing a stake of approximately 1.00% valued at around $17.6 million.
• Several institutional investors, including American Century Companies Inc. and Bessemer Group Inc., have significantly increased their holdings in OneSpaWorld during the first quarter of the year.
• OneSpaWorld recently announced a quarterly dividend of $0.04 per share, with a current annualized yield of 0.7%.

Champlain Investment Partners LLC acquired a new stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,047,450 shares of the company's stock, valued at approximately $17,587,000. Champlain Investment Partners LLC owned approximately 1.00% of OneSpaWorld at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Channing Capital Management LLC boosted its position in shares of OneSpaWorld by 14.7% during the 1st quarter. Channing Capital Management LLC now owns 3,251,124 shares of the company's stock valued at $54,586,000 after purchasing an additional 416,609 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of OneSpaWorld by 9.3% in the first 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. boosted its holdings in shares of OneSpaWorld by 2,326.2% in the first 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 boosted its holdings in shares of 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 buying an additional 120,979 shares during the period. Finally, Wellington Management Group LLP boosted its holdings in shares of 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 buying an additional 301,651 shares during the period. Institutional investors own 95.98% of the company's stock.

Insider Transactions at OneSpaWorld

In other OneSpaWorld news, Director Glenn Fusfield sold 11,057 shares of the business's stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $22.59, for a total value of $249,777.63. Following the completion of the sale, the director owned 70,360 shares of the company's stock, valued at $1,589,432.40. The trade was a 13.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andrew R. Heyer sold 31,289 shares of the business's 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 completion of the sale, the director directly owned 332,145 shares of the company's stock, valued at $7,171,010.55. This represents a 8.61% decrease in their position. The disclosure for this sale can be found here. Insiders sold 238,263 shares of company stock valued at $5,250,920 in the last ninety days. Insiders own 3.90% of the company's stock.

Analysts Set New Price Targets

OSW has been the subject of several recent analyst reports. Stifel Nicolaus raised their target price on shares of OneSpaWorld from $23.00 to $25.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. William Blair reiterated an "outperform" rating on shares of OneSpaWorld in a report on Wednesday, July 23rd. Truist Financial raised their target price on shares of OneSpaWorld from $19.00 to $21.00 and gave the stock a "buy" rating in a report on Monday, June 9th. Finally, Wall Street Zen lowered OneSpaWorld from a "buy" rating to a "hold" rating in a research report on Saturday, August 23rd. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $22.67.

OneSpaWorld Stock Down 0.6%

OSW stock traded down $0.14 during mid-day trading on Monday, hitting $22.57. The stock had a trading volume of 449,121 shares, compared to its average volume of 477,337. The company has a current ratio of 1.88, a quick ratio of 1.19 and a debt-to-equity ratio of 0.17. OneSpaWorld Holdings Limited has a 1-year low of $14.21 and a 1-year high of $23.28. The company has a fifty day moving average of $21.63 and a 200 day moving average of $19.44. The stock has a market capitalization of $2.32 billion, a price-to-earnings ratio of 33.19 and a beta of 1.32.

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

OneSpaWorld Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 3rd. Shareholders of record on Wednesday, August 20th will be given 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 dividend yield of 0.7%. OneSpaWorld's payout ratio is currently 23.53%.

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.