OneSpaWorld Holdings Limited (NASDAQ:OSW) Shares Acquired by Emerald Advisers LLC

Emerald Advisers LLC raised its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 62.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 680,178 shares of the company's stock after purchasing an additional 261,701 shares during the quarter. Emerald Advisers LLC owned 0.65% of OneSpaWorld worth $11,420,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Signaturefd LLC raised its holdings in OneSpaWorld by 139.9% during the fourth quarter. Signaturefd LLC now owns 1,317 shares of the company's stock worth $26,000 after purchasing an additional 768 shares during the last quarter. Amalgamated Bank raised its holdings in OneSpaWorld by 22.2% during the first quarter. Amalgamated Bank now owns 3,479 shares of the company's stock worth $58,000 after purchasing an additional 631 shares during the last quarter. Aquatic Capital Management LLC acquired a new position in OneSpaWorld during the fourth quarter worth $81,000. GAMMA Investing LLC raised its holdings in OneSpaWorld by 2,005.8% during the first quarter. GAMMA Investing LLC now owns 8,697 shares of the company's stock worth $146,000 after purchasing an additional 8,284 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd acquired a new position in OneSpaWorld during the fourth quarter worth $164,000. Hedge funds and other institutional investors own 95.98% of the company's stock.

Insider Activity at OneSpaWorld

In other news, Director Walter Field Mclallen sold 2,500 shares of OneSpaWorld stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $19.33, for a total value of $48,325.00. Following the completion of the sale, the director owned 154,228 shares of the company's stock, valued at $2,981,227.24. The trade was a 1.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 5.00% of the stock is currently owned by corporate insiders.

OneSpaWorld Trading Down 1.6%

Shares of NASDAQ:OSW traded down $0.35 during midday trading on Friday, reaching $21.35. The company's stock had a trading volume of 318,196 shares, compared to its average volume of 684,476. The firm has a market cap of $2.19 billion, a price-to-earnings ratio of 33.36 and a beta of 1.41. The company has a quick ratio of 1.06, a current ratio of 1.73 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 $23.01. The business has a 50 day moving average price of $19.59 and a 200 day moving average price of $19.05.

OneSpaWorld Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st were given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date was Wednesday, May 21st. OneSpaWorld's dividend payout ratio is currently 25.00%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on OSW shares. TD Securities dropped their price target on OneSpaWorld from $24.00 to $22.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Truist Financial raised 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. Stifel Nicolaus raised their price target on OneSpaWorld from $21.00 to $23.00 and gave the stock a "buy" rating in a research report on Friday, May 23rd. Finally, Cowen reissued a "buy" rating on shares of OneSpaWorld in a research report on Thursday, May 1st. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $21.25.

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.