Premier Fund Managers Ltd cut its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 42.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 39,237 shares of the company's stock after selling 29,531 shares during the period. Premier Fund Managers Ltd's holdings in OneSpaWorld were worth $646,000 as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in OSW. Amalgamated Bank grew its position in shares of OneSpaWorld by 22.2% during the 1st quarter. Amalgamated Bank now owns 3,479 shares of the company's stock valued at $58,000 after acquiring an additional 631 shares during the period. Aquatic Capital Management LLC bought a new stake in shares of OneSpaWorld during the 4th quarter valued at $81,000. GAMMA Investing LLC grew its position in shares of OneSpaWorld by 2,005.8% during the 1st quarter. GAMMA Investing LLC now owns 8,697 shares of the company's stock valued at $146,000 after acquiring an additional 8,284 shares during the period. MQS Management LLC purchased a new position in shares of OneSpaWorld during the 1st quarter valued at $185,000. Finally, Diversified Trust Co bought a new position in OneSpaWorld in the 1st quarter worth $191,000. 95.98% of the stock is currently owned by hedge funds and other institutional investors.
OneSpaWorld Trading Up 2.2%
OSW traded up $0.48 during trading hours on Wednesday, reaching $22.23. 688,708 shares of the company's stock traded hands, compared to its average volume of 412,559. The firm has a 50-day moving average price of $20.25 and a 200 day moving average price of $19.24. OneSpaWorld Holdings Limited has a 52-week low of $14.21 and a 52-week high of $23.17. The company has a quick ratio of 1.06, a current ratio of 1.73 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $2.28 billion, a PE ratio of 34.73 and a beta of 1.41.
OneSpaWorld (NASDAQ:OSW - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.24 by $0.01. The company had revenue of $240.73 million for the quarter, compared to the consensus estimate of $238.28 million. OneSpaWorld had a net margin of 7.41% and a return on equity of 15.28%. The firm's revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.20 EPS. As a group, sell-side analysts predict that OneSpaWorld Holdings Limited will post 0.9 EPS for the current fiscal year.
Analysts Set New Price Targets
Several brokerages recently weighed in on OSW. TD Securities dropped their target price on shares of OneSpaWorld from $24.00 to $22.00 and set a "buy" rating for the company in a report on Thursday, May 1st. William Blair reissued an "outperform" rating on shares of OneSpaWorld in a report on Wednesday, July 23rd. Cowen reissued a "buy" rating on shares of OneSpaWorld in a report on Thursday, May 1st. Truist Financial boosted 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. Finally, Stifel Nicolaus boosted 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. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, OneSpaWorld currently has an average rating of "Buy" and a consensus target price of $21.25.
Check Out Our Latest Analysis on OneSpaWorld
Insider Buying and Selling
In other OneSpaWorld news, Director Walter Field Mclallen sold 14,189 shares of the company's stock in a transaction 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 completion of the sale, the director directly owned 156,728 shares in the company, valued at approximately $3,032,686.80. This represents a 8.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 5.00% of the stock is owned by corporate insiders.
About OneSpaWorld
(
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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