Two Sigma Investments LP Has $753,000 Stock Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Two Sigma Investments LP decreased its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 68.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,833 shares of the company's stock after selling 82,750 shares during the period. Two Sigma Investments LP's holdings in OneSpaWorld were worth $753,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of OSW. Raymond James Financial Inc. acquired a new stake in shares of OneSpaWorld in the fourth quarter valued at approximately $54,789,000. Vanguard Group Inc. increased its holdings in shares of OneSpaWorld by 5.2% in the fourth quarter. Vanguard Group Inc. now owns 2,728,953 shares of the company's stock valued at $54,306,000 after purchasing an additional 135,923 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of OneSpaWorld by 4.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,612,894 shares of the company's stock valued at $51,997,000 after purchasing an additional 120,979 shares in the last quarter. Capital International Investors boosted its stake in OneSpaWorld by 17.7% in the fourth quarter. Capital International Investors now owns 2,531,129 shares of the company's stock valued at $50,369,000 after acquiring an additional 380,611 shares during the last quarter. Finally, Wellington Management Group LLP boosted its stake in OneSpaWorld by 16.8% in the fourth quarter. Wellington Management Group LLP now owns 2,092,683 shares of the company's stock valued at $41,644,000 after acquiring an additional 301,651 shares during the last quarter. Institutional investors and hedge funds own 95.98% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on OSW. Stifel Nicolaus raised their price objective on shares of OneSpaWorld from $21.00 to $23.00 and gave the company a "buy" rating in a research note on Friday, May 23rd. TD Securities reduced their price target 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. Cowen reissued a "buy" rating on shares of OneSpaWorld in a research report on Thursday, May 1st. Finally, Truist Financial raised their price objective on shares of OneSpaWorld from $19.00 to $21.00 and gave the stock a "buy" rating in a report on Monday. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $21.25.

OneSpaWorld Stock Down 1.1%

OSW stock traded down $0.22 during midday trading on Wednesday, hitting $19.61. The company's stock had a trading volume of 665,631 shares, compared to its average volume of 700,733. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29. OneSpaWorld Holdings Limited has a twelve month low of $14.21 and a twelve month high of $23.01. The company's fifty day moving average price is $18.08 and its 200 day moving average price is $18.97. The stock has a market capitalization of $2.01 billion, a P/E ratio of 28.01 and a beta of 1.39.

OneSpaWorld Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st were paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Wednesday, May 21st. This represents a $0.16 annualized dividend and a dividend yield of 0.82%. OneSpaWorld's dividend payout ratio is presently 25.00%.

Insider Transactions at OneSpaWorld

In related news, Director Walter Field Mclallen sold 14,189 shares of OneSpaWorld stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $19.35, for a total transaction of $274,557.15. Following the completion of the sale, the director now owns 156,728 shares of the company's stock, valued at approximately $3,032,686.80. The trade was a 8.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 5.00% of the stock is owned by company insiders.

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.