OneSpaWorld Holdings Limited $OSW Shares Sold by William Blair Investment Management LLC

Key Points

• William Blair Investment Management LLC has reduced its stake in OneSpaWorld Holdings Limited by 5.2%, now holding approximately 1.36% of the company.
• Company insiders have sold 235,763 shares worth over $5.2 million in the last quarter, indicating a significant decrease in their positions.
• OneSpaWorld announced a quarterly dividend of $0.04 per share, reflecting a yield of 0.8% and a payout ratio of 23.53%.

William Blair Investment Management LLC decreased its position in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 5.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,395,821 shares of the company's stock after selling 75,911 shares during the quarter. William Blair Investment Management LLC owned about 1.36% of OneSpaWorld worth $28,461,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Moran Wealth Management LLC increased its stake in shares of OneSpaWorld by 1.5% during the 2nd quarter. Moran Wealth Management LLC now owns 37,045 shares of the company's stock valued at $755,000 after acquiring an additional 543 shares during the last quarter. Vest Financial LLC increased its stake in shares of OneSpaWorld by 24.9% during the 2nd quarter. Vest Financial LLC now owns 114,033 shares of the company's stock valued at $2,325,000 after acquiring an additional 22,746 shares during the last quarter. Fenimore Asset Management Inc increased its stake in shares of OneSpaWorld by 0.4% during the 2nd quarter. Fenimore Asset Management Inc now owns 935,555 shares of the company's stock valued at $19,076,000 after acquiring an additional 4,188 shares during the last quarter. DAVENPORT & Co LLC increased its stake in shares of OneSpaWorld by 0.5% during the 2nd quarter. DAVENPORT & Co LLC now owns 1,921,094 shares of the company's stock valued at $39,243,000 after acquiring an additional 9,153 shares during the last quarter. Finally, Sheets Smith Wealth Management increased its stake in shares of OneSpaWorld by 1.9% during the 2nd quarter. Sheets Smith Wealth Management now owns 34,846 shares of the company's stock valued at $711,000 after acquiring an additional 647 shares during the last quarter. Institutional investors and hedge funds own 95.98% of the company's stock.

Insider Activity at OneSpaWorld

In related news, Director Andrew R. Heyer sold 31,289 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $21.59, for a total transaction of $675,529.51. Following the sale, the director directly owned 332,145 shares of the company's stock, valued at approximately $7,171,010.55. This represents a 8.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Glenn Fusfield sold 23,116 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $21.57, for a total value of $498,612.12. Following the sale, the director directly owned 151,799 shares in the company, valued at approximately $3,274,304.43. This represents a 13.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 235,763 shares of company stock valued at $5,202,595. Company insiders own 3.90% of the company's stock.

OneSpaWorld Stock Up 1.0%

NASDAQ OSW opened at $20.10 on Monday. The stock has a market cap of $2.06 billion, a PE ratio of 29.56 and a beta of 1.29. OneSpaWorld Holdings Limited has a fifty-two week low of $14.21 and a fifty-two week high of $23.28. The business has a 50 day moving average price of $21.68 and a two-hundred day moving average price of $20.19. The company has a quick ratio of 1.19, a current ratio of 1.88 and a debt-to-equity ratio of 0.17.

OneSpaWorld (NASDAQ:OSW - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.24 by $0.01. The company had revenue of $240.73 million during the quarter, compared to analysts' expectations of $238.28 million. OneSpaWorld had a return on equity of 15.93% and a net margin of 7.74%.The business's revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.20 EPS. OneSpaWorld has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts predict that OneSpaWorld Holdings Limited will post 0.9 EPS for the current fiscal year.

OneSpaWorld Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Wednesday, August 20th were paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Wednesday, August 20th. OneSpaWorld's dividend payout ratio is 23.53%.

Wall Street Analyst Weigh In

OSW has been the subject of a number of research analyst reports. Wall Street Zen downgraded shares of OneSpaWorld from a "buy" rating to a "hold" rating in a research report on Friday, September 26th. Stifel Nicolaus increased their target price on shares of OneSpaWorld from $23.00 to $25.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Weiss Ratings reissued a "buy (b)" rating on shares of OneSpaWorld in a research report on Wednesday, October 8th. William Blair reissued an "outperform" rating on shares of OneSpaWorld in a research report on Wednesday, July 23rd. Finally, Northcoast Research set a $28.00 target price on shares of OneSpaWorld and gave the stock a "buy" rating in a research report on Tuesday, October 7th. One analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company's stock. According to data from MarketBeat, OneSpaWorld presently has a consensus rating of "Buy" and an average price target of $24.00.

OneSpaWorld Company 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.

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