Two Sigma Advisers LP Trims Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Two Sigma Advisers LP decreased its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 39.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,600 shares of the company's stock after selling 80,900 shares during the period. Two Sigma Advisers LP owned 0.12% of OneSpaWorld worth $2,440,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Summit Investment Advisors Inc. raised its stake in OneSpaWorld by 6.8% during the 4th quarter. Summit Investment Advisors Inc. now owns 10,511 shares of the company's stock worth $209,000 after buying an additional 668 shares during the period. Signaturefd LLC lifted its holdings in shares of OneSpaWorld by 139.9% in the 4th quarter. Signaturefd LLC now owns 1,317 shares of the company's stock worth $26,000 after purchasing an additional 768 shares in the last quarter. Global Retirement Partners LLC bought a new position in shares of OneSpaWorld in the 4th quarter worth $26,000. Swiss National Bank grew 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 purchasing an additional 1,400 shares during the period. Finally, Balyasny Asset Management L.P. increased its stake in OneSpaWorld by 3.9% during the 4th quarter. Balyasny Asset Management L.P. now owns 40,071 shares of the company's stock valued at $797,000 after purchasing an additional 1,509 shares in the last quarter. Institutional investors and hedge funds own 95.98% of the company's stock.

OneSpaWorld Stock Performance

Shares of OSW stock traded down $0.13 during trading on Friday, hitting $18.85. The company's stock had a trading volume of 508,657 shares, compared to its average volume of 702,621. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. The company has a market cap of $1.97 billion, a PE ratio of 26.93 and a beta of 1.36. The business has a fifty day moving average of $17.66 and a 200-day moving average of $18.95. OneSpaWorld Holdings Limited has a 52 week low of $14.21 and a 52 week high of $23.01.

OneSpaWorld Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $0.16 dividend on an annualized basis and a yield of 0.85%. OneSpaWorld's dividend payout ratio (DPR) is presently 25.00%.

Analysts Set New Price Targets

OSW has been the subject of several recent research reports. TD Securities decreased their target price 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. Stifel Nicolaus lifted their price target on OneSpaWorld from $21.00 to $23.00 and gave the company a "buy" rating in a research note on Friday, May 23rd. Truist Financial lowered their price objective on OneSpaWorld from $22.00 to $19.00 and set a "buy" rating for the company in a research note on Tuesday, April 29th. Finally, Cowen reaffirmed a "buy" rating on shares of OneSpaWorld in a research report on Thursday, May 1st. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, OneSpaWorld currently has a consensus rating of "Buy" and an average price target of $20.75.

Insiders Place Their Bets

In other news, Director Walter Field Mclallen sold 14,189 shares of the stock in a transaction on Friday, May 16th. The stock was sold at an average price of $19.35, for a total transaction of $274,557.15. Following the completion of the transaction, the director now owns 156,728 shares in the company, valued at approximately $3,032,686.80. This represents a 8.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 5.00% of the company's stock.

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.