OneSpaWorld Holdings Limited (NASDAQ:OSW) Shares Bought by Royal Bank of Canada

Royal Bank of Canada boosted its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 1,699.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 844,479 shares of the company's stock after purchasing an additional 797,562 shares during the quarter. Royal Bank of Canada owned about 0.81% of OneSpaWorld worth $16,806,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Global Retirement Partners LLC acquired a new position in shares of OneSpaWorld during the fourth quarter worth about $26,000. Signaturefd LLC lifted its holdings in OneSpaWorld by 139.9% in the fourth quarter. Signaturefd LLC now owns 1,317 shares of the company's stock valued at $26,000 after acquiring an additional 768 shares during the period. Aquatic Capital Management LLC purchased a new stake in shares of OneSpaWorld during the 4th quarter worth $81,000. Smartleaf Asset Management LLC boosted its position in shares of OneSpaWorld by 2,395.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 5,165 shares of the company's stock worth $103,000 after purchasing an additional 4,958 shares in the last quarter. Finally, KBC Group NV acquired a new position in shares of OneSpaWorld during the 4th quarter worth $121,000. Institutional investors and hedge funds own 95.98% of the company's stock.

OneSpaWorld Price Performance

Shares of NASDAQ OSW traded down $0.09 on Friday, hitting $18.89. The company's stock had a trading volume of 45,533 shares, compared to its average volume of 699,550. The stock has a 50 day moving average of $17.65 and a 200-day moving average of $18.95. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of 27.08 and a beta of 1.36. OneSpaWorld Holdings Limited has a 12-month low of $14.21 and a 12-month high of $23.01. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29.

OneSpaWorld Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be given a $0.04 dividend. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $0.16 annualized dividend and a dividend yield of 0.85%. OneSpaWorld's dividend payout ratio is currently 25.00%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on OSW. TD Securities decreased their price objective on shares of OneSpaWorld from $24.00 to $22.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Truist Financial decreased their price target on OneSpaWorld from $22.00 to $19.00 and set a "buy" rating on the stock in a research note on Tuesday, April 29th. Cowen reaffirmed a "buy" rating on shares of OneSpaWorld in a research note on Thursday, May 1st. Finally, Stifel Nicolaus lifted their price objective on OneSpaWorld from $21.00 to $23.00 and gave the stock a "buy" rating in a report on Friday, May 23rd. Five analysts have rated the stock with a buy rating, According to MarketBeat, OneSpaWorld currently has an average rating of "Buy" and a consensus target price of $20.75.

Insider Activity at OneSpaWorld

In related news, Director Walter Field Mclallen sold 14,189 shares of the company's stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $19.35, for a total transaction of $274,557.15. Following the transaction, the director now owns 156,728 shares of the company's stock, valued at approximately $3,032,686.80. This represents a 8.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 5.00% of the company's stock.

OneSpaWorld 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.