Millennium Management LLC Decreases Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Millennium Management LLC reduced its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 64.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 282,797 shares of the company's stock after selling 508,268 shares during the period. Millennium Management LLC owned about 0.27% of OneSpaWorld worth $5,628,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in OSW. Barclays PLC boosted its holdings in OneSpaWorld by 177.8% in the third quarter. Barclays PLC now owns 198,549 shares of the company's stock valued at $3,278,000 after acquiring an additional 127,074 shares during the last quarter. KBC Group NV bought a new stake in OneSpaWorld in the fourth quarter valued at approximately $121,000. Longboard Asset Management LP bought a new stake in OneSpaWorld in the fourth quarter valued at approximately $209,000. Principal Financial Group Inc. boosted its holdings in OneSpaWorld by 6.9% in the fourth quarter. Principal Financial Group Inc. now owns 35,418 shares of the company's stock valued at $705,000 after acquiring an additional 2,281 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its holdings in OneSpaWorld by 1.7% in the fourth quarter. New York State Common Retirement Fund now owns 1,142,843 shares of the company's stock valued at $22,743,000 after acquiring an additional 19,269 shares during the last quarter. 95.98% of the stock is currently owned by institutional investors.

Insider Activity at OneSpaWorld

In other OneSpaWorld news, Director Walter Field Mclallen sold 14,189 shares of OneSpaWorld stock in a transaction 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 directly owns 156,728 shares of the company's stock, valued at $3,032,686.80. The trade was a 8.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 5.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on OSW shares. Cowen reissued a "buy" rating on shares of OneSpaWorld in a research note on Thursday, May 1st. TD Securities dropped their price target on OneSpaWorld from $24.00 to $22.00 and set a "buy" rating on the stock in a research note on Thursday, May 1st. Truist Financial dropped 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. Finally, Stifel Nicolaus boosted their price target on OneSpaWorld from $21.00 to $23.00 and gave the company a "buy" rating in a research note on Friday, May 23rd. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $20.75.

OneSpaWorld Stock Down 0.7%

Shares of NASDAQ:OSW traded down $0.13 during trading on Friday, reaching $18.85. 508,657 shares of the stock were exchanged, compared to its average volume of 702,621. 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 Holdings Limited has a 1-year low of $14.21 and a 1-year high of $23.01. The stock has a fifty day moving average of $17.66 and a two-hundred day moving average of $18.95. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 26.93 and a beta of 1.36.

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 given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date is Wednesday, May 21st. OneSpaWorld's payout ratio is currently 25.00%.

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.