Vest Financial LLC Acquires 22,746 Shares of OneSpaWorld Holdings Limited $OSW

Key Points

• Vest Financial LLC increased its stake in OneSpaWorld Holdings Limited by 24.9% during the second quarter, acquiring an additional 22,746 shares, bringing their total holdings to 114,033 shares valued at approximately $2.3 million.
• Directors Glenn Fusfield and Andrew R. Heyer recently sold shares, resulting in an 8.61% decrease and a 13.58% decrease in their respective shares owned.
• OneSpaWorld declared a quarterly dividend of $0.04 per share, resulting in an annualized dividend yield of 0.8%, supported by a 23.53% payout ratio.

Vest Financial LLC lifted its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 24.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 114,033 shares of the company's stock after acquiring an additional 22,746 shares during the period. Vest Financial LLC owned 0.11% of OneSpaWorld worth $2,325,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. American Century Companies Inc. lifted its holdings in shares of OneSpaWorld by 566.4% in the 1st quarter. American Century Companies Inc. now owns 1,448,268 shares of the company's stock valued at $24,316,000 after acquiring an additional 1,230,931 shares during the last quarter. Amalgamated Bank lifted its holdings in shares of OneSpaWorld by 22.2% in 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 last quarter. Bessemer Group Inc. lifted its holdings in shares of OneSpaWorld by 41,840.0% in the 1st quarter. Bessemer Group Inc. now owns 16,776 shares of the company's stock valued at $282,000 after acquiring an additional 16,736 shares during the last quarter. Envestnet Asset Management Inc. raised its position in OneSpaWorld by 11.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 164,564 shares of the company's stock worth $2,763,000 after purchasing an additional 17,424 shares during the period. Finally, Nixon Capital LLC raised its position in OneSpaWorld by 8.0% in the 1st quarter. Nixon Capital LLC now owns 888,408 shares of the company's stock worth $14,916,000 after purchasing an additional 65,619 shares during the period. Institutional investors own 95.98% of the company's stock.

Insider Buying and Selling at OneSpaWorld

In other news, Director Glenn Fusfield sold 11,057 shares of OneSpaWorld stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $22.59, for a total transaction of $249,777.63. Following the completion of the sale, the director directly owned 70,360 shares in the company, valued at approximately $1,589,432.40. The trade was a 13.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Andrew R. Heyer sold 31,289 shares of the business's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $21.59, for a total transaction of $675,529.51. Following the transaction, the director owned 332,145 shares of the company's stock, valued at $7,171,010.55. This represents a 8.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 235,763 shares of company stock valued at $5,202,595 over the last quarter. Insiders own 3.90% of the company's stock.

OneSpaWorld Price Performance

Shares of OSW opened at $20.57 on Wednesday. The company has a market cap of $2.11 billion, a price-to-earnings ratio of 30.25 and a beta of 1.29. OneSpaWorld Holdings Limited has a twelve month low of $14.21 and a twelve month high of $23.28. The company has a quick ratio of 1.19, a current ratio of 1.88 and a debt-to-equity ratio of 0.17. The company has a 50 day moving average of $21.78 and a two-hundred day moving average of $20.09.

OneSpaWorld (NASDAQ:OSW - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported $0.25 earnings per share for the quarter, beating 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 company had revenue of $240.73 million during 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. OneSpaWorld's revenue was up 7.0% compared to the same quarter last year. OneSpaWorld has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts predict that OneSpaWorld Holdings Limited will post 0.9 earnings per share for the current fiscal year.

OneSpaWorld Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Wednesday, August 20th were paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Wednesday, August 20th. OneSpaWorld's payout ratio is presently 23.53%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on OSW. Northcoast Research set a $28.00 price objective on shares of OneSpaWorld and gave the stock a "buy" rating in a research report on Tuesday, October 7th. Wall Street Zen lowered shares of OneSpaWorld from a "buy" rating to a "hold" rating in a research report on Friday, September 26th. Stifel Nicolaus increased their price objective on shares of OneSpaWorld from $23.00 to $25.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. William Blair reissued an "outperform" rating on shares of OneSpaWorld in a research report on Wednesday, July 23rd. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of OneSpaWorld in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $24.00.

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.

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