Wellington Management Group LLP lifted its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 16.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,092,683 shares of the company's stock after buying an additional 301,651 shares during the quarter. Wellington Management Group LLP owned approximately 2.00% of OneSpaWorld worth $41,644,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also made changes to their positions in the company. Global Retirement Partners LLC acquired a new stake in shares of OneSpaWorld during the fourth quarter worth approximately $26,000. Signaturefd LLC boosted its holdings in OneSpaWorld by 139.9% in the fourth quarter. Signaturefd LLC now owns 1,317 shares of the company's stock worth $26,000 after purchasing an additional 768 shares during the period. Aquatic Capital Management LLC acquired a new position in OneSpaWorld in the fourth quarter worth $81,000. Smartleaf Asset Management LLC boosted its holdings in OneSpaWorld by 2,395.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 5,165 shares of the company's stock worth $103,000 after purchasing an additional 4,958 shares during the period. Finally, KBC Group NV acquired a new position in OneSpaWorld in the fourth quarter worth $121,000. Institutional investors and hedge funds own 95.98% of the company's stock.
Insider Activity 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 sale, the director now directly owns 156,728 shares in the company, valued at $3,032,686.80. The trade was a 8.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 5.00% of the company's stock.
OneSpaWorld Stock Performance
OSW stock traded down $0.13 during mid-day trading on Friday, reaching $18.85. The company had a trading volume of 508,657 shares, compared to its average volume of 702,621. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $1.97 billion, a P/E ratio of 26.93 and a beta of 1.36. OneSpaWorld Holdings Limited has a one year low of $14.21 and a one year high of $23.01. The stock's 50-day simple moving average is $17.66 and its two-hundred day simple moving average is $18.95.
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 paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date of this dividend is Wednesday, May 21st. OneSpaWorld's dividend payout ratio is currently 25.00%.
Analysts Set New Price Targets
OSW has been the subject of a number of research reports. TD Securities decreased their price objective on shares of OneSpaWorld from $24.00 to $22.00 and set a "buy" rating for the company in a report on Thursday, May 1st. Truist Financial decreased their price objective on shares of OneSpaWorld from $22.00 to $19.00 and set a "buy" rating for the company in a report on Tuesday, April 29th. Cowen reaffirmed a "buy" rating on shares of OneSpaWorld in a report on Thursday, May 1st. Finally, Stifel Nicolaus lifted their price objective on shares of OneSpaWorld from $21.00 to $23.00 and gave the stock a "buy" rating in a report on Friday, May 23rd. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, OneSpaWorld has a consensus rating of "Buy" and a consensus price target of $20.75.
View Our Latest Stock Analysis on OneSpaWorld
OneSpaWorld Company Profile
(
Free Report)
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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