SG Americas Securities LLC Cuts Stock Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

SG Americas Securities LLC trimmed its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 55.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,555 shares of the company's stock after selling 45,999 shares during the quarter. SG Americas Securities LLC's holdings in OneSpaWorld were worth $631,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in OSW. Principal Financial Group Inc. increased its holdings in shares of OneSpaWorld by 6.9% during the 4th quarter. Principal Financial Group Inc. now owns 35,418 shares of the company's stock valued at $705,000 after purchasing an additional 2,281 shares in the last quarter. New York State Common Retirement Fund increased its holdings in shares of OneSpaWorld by 1.7% during the 4th quarter. New York State Common Retirement Fund now owns 1,142,843 shares of the company's stock valued at $22,743,000 after purchasing an additional 19,269 shares in the last quarter. Global Retirement Partners LLC purchased a new position in shares of OneSpaWorld during the 4th quarter valued at approximately $26,000. Bank of New York Mellon Corp increased its holdings in shares of OneSpaWorld by 14.9% during the 4th quarter. Bank of New York Mellon Corp now owns 286,855 shares of the company's stock valued at $5,708,000 after purchasing an additional 37,133 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings 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 valued at $103,000 after purchasing an additional 4,958 shares in the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

OneSpaWorld Trading Up 0.2%

Shares of OSW stock traded up $0.04 on Friday, hitting $19.46. 777,891 shares of the stock traded hands, compared to its average volume of 691,278. The firm's 50-day moving average price is $18.49 and its two-hundred day moving average price is $18.95. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.06 and a current ratio of 1.73. The stock has a market capitalization of $2.00 billion, a PE ratio of 30.41 and a beta of 1.39. OneSpaWorld Holdings Limited has a twelve month low of $14.21 and a twelve month high of $23.01.

OneSpaWorld Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st were issued a $0.04 dividend. The ex-dividend date of this dividend was Wednesday, May 21st. This represents a $0.16 annualized dividend and a yield of 0.82%. OneSpaWorld's dividend payout ratio (DPR) is currently 25.00%.

Analyst Ratings Changes

OSW has been the topic of a number of research analyst reports. Truist Financial lifted their price target on shares of OneSpaWorld from $19.00 to $21.00 and gave the company a "buy" rating in a research note on Monday, June 9th. TD Securities dropped their price target on shares of OneSpaWorld from $24.00 to $22.00 and set a "buy" rating on the stock in a research note on Thursday, May 1st. Stifel Nicolaus lifted their target price on shares of OneSpaWorld from $21.00 to $23.00 and gave the stock a "buy" rating in a research note on Friday, May 23rd. Finally, Cowen reaffirmed a "buy" rating on shares of OneSpaWorld in a research note on Thursday, May 1st. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $21.25.

Insider Activity at OneSpaWorld

In related news, Director Walter Field Mclallen sold 2,500 shares of the business's stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $19.33, for a total value of $48,325.00. Following the sale, the director now directly owns 154,228 shares in the company, valued at approximately $2,981,227.24. The trade was a 1.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 5.00% of the stock is owned by insiders.

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.