Kings Path Partners LLC reduced its position in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 48.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,680 shares of the company's stock after selling 37,465 shares during the quarter. Kings Path Partners LLC's holdings in OneSpaWorld were worth $666,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in shares of OneSpaWorld during the 4th quarter worth approximately $54,789,000. Vanguard Group Inc. grew its stake in shares of OneSpaWorld by 5.2% in the 4th quarter. Vanguard Group Inc. now owns 2,728,953 shares of the company's stock worth $54,306,000 after buying an additional 135,923 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of OneSpaWorld by 4.9% in the 4th 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 last quarter. Capital International Investors grew its stake in shares of OneSpaWorld by 17.7% in the 4th quarter. Capital International Investors now owns 2,531,129 shares of the company's stock worth $50,369,000 after buying an additional 380,611 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in shares of OneSpaWorld by 16.8% in the 4th 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 last quarter. 95.98% of the stock is currently owned by hedge funds and other institutional investors.
OneSpaWorld Trading Up 1.0%
Shares of OSW traded up $0.19 during midday trading on Tuesday, hitting $19.14. 89,542 shares of the stock were exchanged, compared to its average volume of 699,366. OneSpaWorld Holdings Limited has a 52-week low of $14.21 and a 52-week high of $23.01. The stock has a fifty day simple moving average of $17.68 and a 200 day simple moving average of $18.95. The firm has a market cap of $2.00 billion, a P/E ratio of 27.34 and a beta of 1.36. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84.
OneSpaWorld Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st will be issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date is Wednesday, May 21st. OneSpaWorld's dividend payout ratio is currently 25.00%.
Analysts Set New Price Targets
OSW has been the topic of a number of recent analyst reports. TD Securities decreased their price target on OneSpaWorld from $24.00 to $22.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Cowen reiterated a "buy" rating on shares of OneSpaWorld in a research report on Thursday, May 1st. Stifel Nicolaus lifted their price target on shares of OneSpaWorld from $21.00 to $23.00 and gave the company a "buy" rating in a research note on Friday, May 23rd. Finally, Truist Financial reduced their price objective on shares of OneSpaWorld from $22.00 to $19.00 and set a "buy" rating for the company in a research note on Tuesday, April 29th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $20.75.
Get Our Latest Research Report on OSW
Insider Buying and Selling at OneSpaWorld
In other OneSpaWorld news, Director Walter Field Mclallen sold 14,189 shares of the business's stock in a transaction on Friday, May 16th. The stock was sold at an average price of $19.35, for a total value of $274,557.15. Following the completion of the transaction, the director now directly owns 156,728 shares in the company, valued at approximately $3,032,686.80. The trade was a 8.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 5.00% of the stock is owned by corporate insiders.
About OneSpaWorld
(
Free Report)
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.
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