Vest Financial LLC Invests $1.53 Million in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Vest Financial LLC acquired a new position in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The firm acquired 91,287 shares of the company's stock, valued at approximately $1,533,000. Vest Financial LLC owned 0.09% of OneSpaWorld at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Rhumbline Advisers raised its position in OneSpaWorld by 6.8% in the first quarter. Rhumbline Advisers now owns 138,207 shares of the company's stock valued at $2,320,000 after purchasing an additional 8,753 shares during the period. GAMMA Investing LLC grew its stake in shares of OneSpaWorld by 2,005.8% in the first quarter. GAMMA Investing LLC now owns 8,697 shares of the company's stock valued at $146,000 after buying an additional 8,284 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of OneSpaWorld by 16.8% during the 4th quarter. Wellington Management Group LLP now owns 2,092,683 shares of the company's stock valued at $41,644,000 after buying an additional 301,651 shares during the period. Mackenzie Financial Corp acquired a new position in OneSpaWorld during the 4th quarter worth approximately $569,000. Finally, PharVision Advisers LLC acquired a new position in OneSpaWorld during the 4th quarter worth approximately $203,000. 95.98% of the stock is owned by institutional investors and hedge funds.

Insider Activity

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 value of $274,557.15. Following the completion of the transaction, the director now owns 156,728 shares of the company's stock, valued at approximately $3,032,686.80. This represents a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 5.00% of the company's stock.

OneSpaWorld Stock Performance

Shares of NASDAQ OSW traded down $0.15 during trading on Wednesday, reaching $19.68. The stock had a trading volume of 465,853 shares, compared to its average volume of 701,649. The firm's 50 day moving average price is $17.99 and its two-hundred day moving average price is $18.96. OneSpaWorld Holdings Limited has a one year low of $14.21 and a one year high of $23.01. The stock has a market cap of $2.02 billion, a PE ratio of 28.16 and a beta of 1.39. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84.

OneSpaWorld Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st were paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date was Wednesday, May 21st. OneSpaWorld's payout ratio is 25.00%.

Analysts Set New Price Targets

Several analysts have issued reports on OSW shares. Cowen reiterated a "buy" rating on shares of OneSpaWorld in a research note on Thursday, May 1st. Truist Financial raised 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. TD Securities cut their price objective on shares of OneSpaWorld from $24.00 to $22.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Finally, Stifel Nicolaus upped their price objective on shares of OneSpaWorld from $21.00 to $23.00 and gave the company a "buy" rating in a research report on Friday, May 23rd. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, OneSpaWorld presently has an average rating of "Buy" and a consensus price target of $21.25.

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.