OMERS ADMINISTRATION Corp Invests $766,000 in OneSpaWorld Holdings Limited $OSW

Key Points

• OMERS ADMINISTRATION Corp acquired 45,600 shares of OneSpaWorld Holdings Limited, valued at approximately $766,000, during the first quarter.
• Insiders sold a total of 238,263 shares of OneSpaWorld stock in the past ninety days, indicating notable trading activity among corporate executives.
• OneSpaWorld recently announced a quarterly dividend of $0.04 per share, representing an annualized dividend yield of 0.7% with a payout ratio of 23.53%.

OMERS ADMINISTRATION Corp acquired a new position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 45,600 shares of the company's stock, valued at approximately $766,000.

Other hedge funds also recently added to or reduced their stakes in the company. Amalgamated Bank lifted its stake in OneSpaWorld by 22.2% in the first quarter. Amalgamated Bank now owns 3,479 shares of the company's stock valued at $58,000 after buying an additional 631 shares during the last quarter. Virtus Advisers LLC bought a new stake in OneSpaWorld in the first quarter valued at $67,000. Aquatic Capital Management LLC bought a new stake in OneSpaWorld in the fourth quarter valued at $81,000. Smartleaf Asset Management LLC lifted its stake in OneSpaWorld by 27.9% in the first quarter. Smartleaf Asset Management LLC now owns 6,608 shares of the company's stock valued at $109,000 after buying an additional 1,443 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in OneSpaWorld by 2,005.8% in the first quarter. GAMMA Investing LLC now owns 8,697 shares of the company's stock valued at $146,000 after buying an additional 8,284 shares during the last quarter. 95.98% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on OSW. Truist Financial raised their target price on OneSpaWorld from $19.00 to $21.00 and gave the company a "buy" rating in a research note on Monday, June 9th. Stifel Nicolaus raised their target price on OneSpaWorld from $23.00 to $25.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. William Blair restated an "outperform" rating on shares of OneSpaWorld in a research note on Wednesday, July 23rd. Finally, Wall Street Zen upgraded shares of OneSpaWorld from a "hold" rating to a "buy" rating in a research note on Friday. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $22.67.

OneSpaWorld Price Performance

NASDAQ:OSW traded down $0.17 during mid-day trading on Friday, reaching $21.96. 479,927 shares of the stock were exchanged, compared to its average volume of 477,302. The business has a fifty day moving average price of $21.86 and a 200 day moving average price of $19.45. The firm has a market capitalization of $2.26 billion, a PE ratio of 32.29 and a beta of 1.32. OneSpaWorld Holdings Limited has a 1-year low of $14.21 and a 1-year high of $23.28. 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 (NASDAQ:OSW - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.01. The firm had revenue of $240.73 million for the quarter, compared to analyst estimates of $238.28 million. OneSpaWorld had a return on equity of 15.93% and a net margin of 7.74%.OneSpaWorld's revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.20 earnings per share. OneSpaWorld has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts expect that OneSpaWorld Holdings Limited will post 0.9 earnings per share for the current fiscal year.

OneSpaWorld Announces Dividend

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

Insider Transactions at OneSpaWorld

In related 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 of the company's stock, valued at approximately $7,171,010.55. This trade represents a 8.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Glenn Fusfield sold 23,116 shares of OneSpaWorld stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $21.57, for a total value of $498,612.12. Following the completion of the transaction, the director directly owned 151,799 shares in the company, valued at $3,274,304.43. This represents a 13.22% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 238,263 shares of company stock worth $5,250,920 in the last three months. 3.90% of the stock is currently owned by company 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.