Russell Investments Group Ltd. Buys 136,571 Shares of OneSpaWorld Holdings Limited $OSW

Russell Investments Group Ltd. grew its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 23.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 730,793 shares of the company's stock after buying an additional 136,571 shares during the quarter. Russell Investments Group Ltd. owned 0.70% of OneSpaWorld worth $12,270,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in OSW. Victory Capital Management Inc. grew its holdings in shares of OneSpaWorld by 2,326.2% during the first quarter. Victory Capital Management Inc. now owns 2,788,705 shares of the company's stock valued at $46,822,000 after buying an additional 2,673,765 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of OneSpaWorld by 1,699.9% during the fourth quarter. Royal Bank of Canada now owns 844,479 shares of the company's stock valued at $16,806,000 after buying an additional 797,562 shares during the last quarter. Nuveen LLC purchased a new stake in shares of OneSpaWorld during the first quarter valued at approximately $13,348,000. Capital International Investors grew its holdings in shares of OneSpaWorld by 17.7% during the fourth quarter. Capital International Investors now owns 2,531,129 shares of the company's stock valued at $50,369,000 after buying an additional 380,611 shares during the last quarter. Finally, Neumeier Poma Investment Counsel LLC grew its holdings in shares of OneSpaWorld by 37.9% during the first quarter. Neumeier Poma Investment Counsel LLC now owns 1,173,827 shares of the company's stock valued at $19,709,000 after buying an additional 322,705 shares during the last quarter. Hedge funds and other institutional investors own 95.98% of the company's stock.

Insider Activity at OneSpaWorld

In related news, Director Glenn Fusfield sold 13,586 shares of OneSpaWorld stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $22.05, for a total transaction of $299,571.30. Following the completion of the sale, the director owned 202,353 shares in the company, valued at $4,461,883.65. This trade represents a 6.29% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Walter Field Mclallen sold 2,500 shares of OneSpaWorld stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $19.33, for a total transaction of $48,325.00. Following the sale, the director owned 154,228 shares of the company's stock, valued at $2,981,227.24. The trade was a 1.60% decrease in their position. The disclosure for this sale can be found here. Insiders sold 40,210 shares of company stock worth $873,112 over the last quarter. Insiders own 3.90% of the company's stock.

Wall Street Analysts Forecast Growth

OSW has been the topic of a number of recent analyst reports. Wall Street Zen upgraded shares of OneSpaWorld from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. Stifel Nicolaus increased their price objective on shares of OneSpaWorld from $23.00 to $25.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Cowen restated a "buy" rating on shares of OneSpaWorld in a research report on Thursday, May 1st. Truist Financial increased their price objective on shares of OneSpaWorld from $19.00 to $21.00 and gave the company a "buy" rating in a research report on Monday, June 9th. Finally, TD Securities lowered 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. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $22.67.

OneSpaWorld Stock Performance

OSW traded up $0.2550 during trading on Thursday, hitting $21.9550. The company's stock had a trading volume of 277,187 shares, compared to its average volume of 774,975. 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 Holdings Limited has a one year low of $14.21 and a one year high of $23.17. The firm has a market cap of $2.25 billion, a PE ratio of 32.29 and a beta of 1.38. The business's 50 day simple moving average is $21.16 and its 200-day simple moving average is $19.43.

OneSpaWorld (NASDAQ:OSW - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.01. OneSpaWorld had a net margin of 7.74% and a return on equity of 15.93%. The business had revenue of $240.73 million for the quarter, compared to the consensus estimate of $238.28 million. During the same period last year, the firm earned $0.20 earnings per share. The company's quarterly revenue was up 7.0% on a year-over-year basis. 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 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 3rd. Shareholders of record on Wednesday, August 20th will be given a $0.04 dividend. The ex-dividend date is Wednesday, August 20th. This represents a $0.16 annualized dividend and a yield of 0.7%. OneSpaWorld's dividend payout ratio (DPR) is presently 23.53%.

About OneSpaWorld

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.