Vanguard Group Inc. Acquires 253,112 Shares of OneSpaWorld Holdings Limited $OSW

Key Points

• Vanguard Group Inc. increased its stake in OneSpaWorld Holdings by 9.3% in the 1st quarter, owning approximately 2.98 million shares valued at $50 million.
• Insider transactions included two directors selling shares, with a total of 156,824 shares sold valued at over $3.4 million in the last ninety days.
• OneSpaWorld recently announced a quarterly dividend of $0.04 per share, representing a dividend yield of 0.7% as part of its financial strategies.

Vanguard Group Inc. boosted its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 9.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,982,065 shares of the company's stock after purchasing an additional 253,112 shares during the quarter. Vanguard Group Inc. owned about 2.85% of OneSpaWorld worth $50,069,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Amalgamated Bank grew its holdings in OneSpaWorld by 22.2% in the first quarter. Amalgamated Bank now owns 3,479 shares of the company's stock worth $58,000 after purchasing an additional 631 shares during the period. Aquatic Capital Management LLC purchased a new stake in OneSpaWorld in the fourth quarter worth about $81,000. GAMMA Investing LLC grew its holdings in OneSpaWorld by 2,005.8% in the first quarter. GAMMA Investing LLC now owns 8,697 shares of the company's stock worth $146,000 after purchasing an additional 8,284 shares during the period. MQS Management LLC purchased a new stake in OneSpaWorld in the first quarter worth about $185,000. Finally, Diversified Trust Co purchased a new stake in OneSpaWorld in the first quarter worth about $191,000. Hedge funds and other institutional investors own 95.98% of the company's stock.

OneSpaWorld Stock Down 0.6%

Shares of NASDAQ:OSW traded down $0.14 during trading on Friday, reaching $22.57. 449,121 shares of the stock traded hands, compared to its average volume of 477,337. The stock has a 50-day moving average of $21.63 and a two-hundred day moving average of $19.44. OneSpaWorld Holdings Limited has a 52-week low of $14.21 and a 52-week high of $23.28. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.19 and a current ratio of 1.88. The stock has a market cap of $2.32 billion, a P/E ratio of 33.19 and a beta of 1.32.

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, beating analysts' consensus estimates of $0.24 by $0.01. OneSpaWorld had a net margin of 7.74% and a return on equity of 15.93%. The firm had revenue of $240.73 million for the quarter, compared to analysts' expectations of $238.28 million. During the same quarter in the prior year, the company posted $0.20 earnings per share. The business's revenue for the quarter 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 expect that OneSpaWorld Holdings Limited will post 0.9 earnings per share for the current fiscal year.

OneSpaWorld Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 3rd. Investors of record on Wednesday, August 20th will be issued 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 currently 23.53%.

Insider Activity at OneSpaWorld

In related news, Director Andrew R. Heyer sold 31,289 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $21.59, for a total value of $675,529.51. Following the sale, the director owned 332,145 shares in the company, valued at approximately $7,171,010.55. This trade represents a 8.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Glenn Fusfield sold 11,057 shares of the stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $22.59, for a total transaction of $249,777.63. Following the completion of the transaction, the director owned 70,360 shares in the company, valued at $1,589,432.40. The trade was a 13.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 238,263 shares of company stock worth $5,250,920 in the last 90 days. 3.90% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on OSW. Stifel Nicolaus upped their price objective on shares of OneSpaWorld from $23.00 to $25.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. William Blair reiterated an "outperform" rating on shares of OneSpaWorld in a report on Wednesday, July 23rd. Wall Street Zen cut shares of OneSpaWorld from a "buy" rating to a "hold" rating in a report on Saturday, August 23rd. Finally, Truist Financial increased their price target on shares of OneSpaWorld from $19.00 to $21.00 and gave the company a "buy" rating in a report on Monday, June 9th. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of "Buy" and an average price target of $22.67.

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.