Charles Schwab Investment Management Inc. Lowers Stake in 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. lessened its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 1.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 840,627 shares of the company's stock after selling 15,939 shares during the period. Charles Schwab Investment Management Inc. owned about 0.80% of OneSpaWorld worth $14,114,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of OSW. Amalgamated Bank raised its position in OneSpaWorld by 22.2% during the 1st 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. Bessemer Group Inc. grew its stake in shares of OneSpaWorld by 41,840.0% in the 1st quarter. Bessemer Group Inc. now owns 16,776 shares of the company's stock worth $282,000 after buying an additional 16,736 shares during the last quarter. Deutsche Bank AG grew its stake in shares of OneSpaWorld by 48.3% in the 4th quarter. Deutsche Bank AG now owns 88,588 shares of the company's stock worth $1,763,000 after buying an additional 28,857 shares during the last quarter. Bank of America Corp DE boosted its stake in OneSpaWorld by 4.0% during the 4th quarter. Bank of America Corp DE now owns 473,223 shares of the company's stock valued at $9,417,000 after purchasing an additional 18,207 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in OneSpaWorld by 11.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 164,564 shares of the company's stock valued at $2,763,000 after purchasing an additional 17,424 shares during the last quarter. Institutional investors own 95.98% of the company's stock.

OneSpaWorld Stock Performance

Shares of OSW traded down $0.14 during trading hours on Friday, reaching $22.57. 449,121 shares of the company traded hands, compared to its average volume of 490,260. The stock has a market capitalization of $2.32 billion, a P/E ratio of 33.19 and a beta of 1.38. The company has a quick ratio of 1.19, a current ratio of 1.88 and a debt-to-equity ratio of 0.17. OneSpaWorld Holdings Limited has a 12-month low of $14.21 and a 12-month high of $23.28. The business has a fifty day moving average price of $21.63 and a 200-day moving average price of $19.48.

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 the consensus estimate of $0.24 by $0.01. OneSpaWorld had a net margin of 7.74% and a return on equity of 15.93%. 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 company earned $0.20 earnings per share. The firm's revenue was up 7.0% on a year-over-year basis. OneSpaWorld has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts anticipate that OneSpaWorld Holdings Limited will post 0.9 EPS 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 issued a $0.04 dividend. The ex-dividend date is Wednesday, August 20th. This represents a $0.16 dividend on an annualized basis and a yield of 0.7%. OneSpaWorld's dividend payout ratio is presently 23.53%.

Wall Street Analyst Weigh In

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

Insider Transactions at OneSpaWorld

In other OneSpaWorld news, Director Andrew R. Heyer sold 31,289 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $21.59, for a total value of $675,529.51. Following the completion of the sale, the director owned 332,145 shares in the company, valued at approximately $7,171,010.55. This represents a 8.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Glenn Fusfield sold 11,057 shares of the stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $22.59, for a total transaction of $249,777.63. Following the completion of the sale, the director directly owned 70,360 shares of the company's stock, valued at approximately $1,589,432.40. This trade represents a 13.58% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 238,263 shares of company stock valued at $5,250,920. 3.90% of the stock is owned by insiders.

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.