Charles Schwab Investment Management Inc. Sells 15,939 Shares of OneSpaWorld Holdings Limited $OSW

Key Points

• Charles Schwab Investment Management Inc. reduced its stake in OneSpaWorld Holdings Limited by 1.9%, now holding 840,627 shares valued at approximately $14.1 million.
• Amalgamated Bank significantly increased its position in OneSpaWorld by 22.2% during the same quarter, owning 3,479 shares worth $58,000.
• OneSpaWorld declared a quarterly dividend of $0.04 per share, providing a 0.7% yield, with the payment scheduled for September 3rd to investors of record by August 20th.

Charles Schwab Investment Management Inc. cut its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 1.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 840,627 shares of the company's stock after selling 15,939 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.80% of OneSpaWorld worth $14,114,000 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 lifted its holdings in shares of OneSpaWorld by 22.2% during the first quarter. Amalgamated Bank now owns 3,479 shares of the company's stock valued at $58,000 after acquiring an additional 631 shares during the period. Aquatic Capital Management LLC bought a new stake in OneSpaWorld during the 4th quarter worth about $81,000. GAMMA Investing LLC increased its stake in shares of OneSpaWorld by 2,005.8% in the 1st quarter. GAMMA Investing LLC now owns 8,697 shares of the company's stock valued at $146,000 after acquiring an additional 8,284 shares during the last quarter. MQS Management LLC bought a new stake in shares of OneSpaWorld in the 1st quarter valued at about $185,000. Finally, Diversified Trust Co acquired a new position in shares of OneSpaWorld in the 1st quarter valued at approximately $191,000. 95.98% of the stock is owned by institutional investors.

OneSpaWorld Stock Up 0.4%

Shares of OneSpaWorld stock traded up $0.10 on Wednesday, reaching $22.92. 672,329 shares of the company were exchanged, compared to its average volume of 770,630. OneSpaWorld Holdings Limited has a one year low of $14.21 and a one year high of $23.28. The company has a 50-day moving average of $21.44 and a 200 day moving average 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 capitalization of $2.35 billion, a price-to-earnings ratio of 33.71 and a beta of 1.38.

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

OneSpaWorld Dividend Announcement

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

Analyst Ratings Changes

Several brokerages recently issued reports on OSW. 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. TD Securities decreased their price objective on OneSpaWorld from $24.00 to $22.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. William Blair reaffirmed an "outperform" rating on shares of OneSpaWorld in a research report on Wednesday, July 23rd. Wall Street Zen downgraded OneSpaWorld from a "buy" rating to a "hold" rating in a research report on Saturday. Finally, Stifel Nicolaus upped their price target on OneSpaWorld from $23.00 to $25.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, OneSpaWorld currently has an average rating of "Buy" and a consensus price target of $22.67.

Insider Buying and Selling at OneSpaWorld

In related news, Director Glenn Fusfield sold 23,116 shares of the firm'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 transaction, the director owned 151,799 shares in the company, valued at approximately $3,274,304.43. This trade represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Andrew R. Heyer sold 31,289 shares of the firm'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 completion of 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 214,129 shares of company stock worth $4,701,156 in the last quarter. Company insiders own 3.90% of the company's stock.

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.