BNP Paribas Financial Markets Cuts Stake in OneSpaWorld Holdings Limited (NASDAQ:OSW)

BNP Paribas Financial Markets trimmed its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 22.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 63,349 shares of the company's stock after selling 18,488 shares during the quarter. BNP Paribas Financial Markets owned about 0.06% of OneSpaWorld worth $1,261,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Victory Capital Management Inc. raised its stake in shares of OneSpaWorld by 24.9% in the fourth quarter. Victory Capital Management Inc. now owns 114,940 shares of the company's stock worth $2,287,000 after purchasing an additional 22,935 shares during the last quarter. William Blair Investment Management LLC boosted its holdings in OneSpaWorld by 6.1% during the fourth quarter. William Blair Investment Management LLC now owns 1,802,099 shares of the company's stock worth $35,862,000 after purchasing an additional 103,799 shares during the last quarter. Blair William & Co. IL boosted its holdings in OneSpaWorld by 838.3% during the fourth quarter. Blair William & Co. IL now owns 176,074 shares of the company's stock worth $3,504,000 after purchasing an additional 157,309 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in OneSpaWorld by 25.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 147,140 shares of the company's stock worth $2,928,000 after purchasing an additional 29,847 shares during the last quarter. Finally, Barclays PLC boosted its holdings in OneSpaWorld by 177.8% during the third quarter. Barclays PLC now owns 198,549 shares of the company's stock worth $3,278,000 after purchasing an additional 127,074 shares during the last quarter. 95.98% of the stock is currently owned by institutional investors and hedge funds.

OneSpaWorld Stock Performance

OSW stock traded down $0.18 during mid-day trading on Friday, hitting $18.50. The company had a trading volume of 1,000,339 shares, compared to its average volume of 702,994. The firm has a market cap of $1.94 billion, a PE ratio of 26.43 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 Holdings Limited has a 12 month low of $14.21 and a 12 month high of $23.01. The stock's fifty day moving average price is $17.54 and its two-hundred day moving average price is $18.95.

OneSpaWorld Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st will be given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.86%. The ex-dividend date is Wednesday, May 21st. OneSpaWorld's dividend payout ratio is 25.00%.

Insider Activity

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 sale, 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 5.00% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Truist Financial cut their price target on shares of OneSpaWorld from $22.00 to $19.00 and set a "buy" rating on the stock in a report on Tuesday, April 29th. Stifel Nicolaus lifted their price objective on shares of OneSpaWorld from $21.00 to $23.00 and gave the stock a "buy" rating in a research report on Friday. Cowen reaffirmed a "buy" rating on shares of OneSpaWorld in a research report on Thursday, May 1st. Finally, TD Securities lowered their price objective on shares of OneSpaWorld from $24.00 to $22.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, OneSpaWorld has a consensus rating of "Buy" and a consensus target price of $20.75.

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.