Ameriprise Financial Inc. Sells 216,910 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Ameriprise Financial Inc. lowered its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 89.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 26,747 shares of the company's stock after selling 216,910 shares during the quarter. Ameriprise Financial Inc.'s holdings in OneSpaWorld were worth $532,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in OSW. Raymond James Financial Inc. purchased a new position in shares of OneSpaWorld in the fourth quarter valued at approximately $54,789,000. Loomis Sayles & Co. L P acquired a new position in shares of OneSpaWorld in the 4th quarter valued at $30,457,000. Arrowstreet Capital Limited Partnership boosted its stake in shares of OneSpaWorld by 205.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,255,893 shares of the company's stock worth $24,992,000 after buying an additional 845,117 shares during the period. Neumeier Poma Investment Counsel LLC increased its holdings in shares of OneSpaWorld by 118.7% in the fourth quarter. Neumeier Poma Investment Counsel LLC now owns 851,122 shares of the company's stock valued at $16,937,000 after purchasing an additional 461,902 shares during the period. Finally, Teacher Retirement System of Texas raised its holdings in OneSpaWorld by 877.9% during the fourth quarter. Teacher Retirement System of Texas now owns 452,578 shares of the company's stock worth $9,006,000 after purchasing an additional 406,298 shares in the last quarter. 95.98% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on OSW shares. Truist Financial decreased their price objective on shares of OneSpaWorld from $22.00 to $19.00 and set a "buy" rating on the stock in a research report on Tuesday, April 29th. Stifel Nicolaus lifted their price target 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. TD Securities cut 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. Finally, Cowen reaffirmed a "buy" rating on shares of OneSpaWorld in a report on Thursday, May 1st. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $20.75.

Insider Buying and Selling at OneSpaWorld

In other OneSpaWorld news, Director Walter Field Mclallen sold 14,189 shares of OneSpaWorld stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $19.35, for a total value 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 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 company insiders.

OneSpaWorld Stock Performance

OneSpaWorld stock traded up $0.45 during midday trading on Friday, reaching $19.50. 310,368 shares of the company's stock were exchanged, compared to its average volume of 697,439. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of 27.85 and a beta of 1.39. The stock's 50-day simple moving average is $17.80 and its 200 day simple moving average is $18.95. OneSpaWorld Holdings Limited has a 52 week low of $14.21 and a 52 week high of $23.01.

OneSpaWorld Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st were issued a dividend of $0.04 per share. The ex-dividend date of this dividend was Wednesday, May 21st. This represents a $0.16 annualized dividend and a dividend yield of 0.82%. OneSpaWorld's dividend 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.