Pinnacle Associates Ltd. lessened its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 5.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,613,588 shares of the company's stock after selling 89,595 shares during the period. Pinnacle Associates Ltd. owned about 1.54% of OneSpaWorld worth $27,092,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Amalgamated Bank boosted its position in OneSpaWorld by 22.2% in the 1st quarter. Amalgamated Bank now owns 3,479 shares of the company's stock valued at $58,000 after buying an additional 631 shares during the period. Summit Investment Advisors Inc. boosted its position in OneSpaWorld by 6.8% in the 4th quarter. Summit Investment Advisors Inc. now owns 10,511 shares of the company's stock valued at $209,000 after buying an additional 668 shares during the period. Signaturefd LLC boosted its position in OneSpaWorld by 139.9% in the 4th quarter. Signaturefd LLC now owns 1,317 shares of the company's stock valued at $26,000 after buying an additional 768 shares during the period. Sheets Smith Wealth Management boosted its position in OneSpaWorld by 3.8% in the 1st quarter. Sheets Smith Wealth Management now owns 34,199 shares of the company's stock valued at $574,000 after buying an additional 1,247 shares during the period. Finally, Swiss National Bank boosted its position in OneSpaWorld by 0.7% in the 4th quarter. Swiss National Bank now owns 195,700 shares of the company's stock valued at $3,894,000 after buying an additional 1,400 shares during the period. Institutional investors and hedge funds own 95.98% of the company's stock.
OneSpaWorld Stock Performance
NASDAQ OSW traded up $0.01 during trading on Thursday, reaching $22.12. The company's stock had a trading volume of 438,953 shares, compared to its average volume of 458,632. 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 firm has a market cap of $2.27 billion, a price-to-earnings ratio of 34.56 and a beta of 1.41. OneSpaWorld Holdings Limited has a twelve month low of $14.21 and a twelve month high of $23.01. The business's fifty day moving average price is $20.07 and its 200-day moving average price is $19.17.
OneSpaWorld Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st were paid a $0.04 dividend. The ex-dividend date of this dividend was Wednesday, May 21st. This represents a $0.16 dividend on an annualized basis and a yield of 0.72%. OneSpaWorld's dividend payout ratio is presently 25.00%.
Analysts Set New Price Targets
OSW has been the subject of several recent research reports. William Blair reissued an "outperform" rating on shares of OneSpaWorld in a research report on Wednesday. TD Securities decreased their price objective on shares of OneSpaWorld from $24.00 to $22.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Cowen reiterated a "buy" rating on shares of OneSpaWorld in a research note on Thursday, May 1st. 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. Finally, Truist Financial lifted their price target on shares of OneSpaWorld from $19.00 to $21.00 and gave the stock a "buy" rating in a research note on Monday, June 9th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $21.25.
Get Our Latest Stock Report on OneSpaWorld
Insider Buying and Selling
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 value of $274,557.15. Following the transaction, the director directly owned 156,728 shares in the company, valued at approximately $3,032,686.80. The trade was a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 5.00% of the company's stock.
OneSpaWorld Company Profile
(
Free Report)
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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