Graham Capital Management L.P. Grows Stock Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Graham Capital Management L.P. raised its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 187.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 56,084 shares of the company's stock after purchasing an additional 36,589 shares during the quarter. Graham Capital Management L.P. owned 0.05% of OneSpaWorld worth $1,116,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Victory Capital Management Inc. lifted its position in OneSpaWorld by 24.9% during the fourth quarter. Victory Capital Management Inc. now owns 114,940 shares of the company's stock valued at $2,287,000 after purchasing an additional 22,935 shares during the last quarter. William Blair Investment Management LLC raised its stake in shares of OneSpaWorld by 6.1% during the fourth quarter. William Blair Investment Management LLC now owns 1,802,099 shares of the company's stock worth $35,862,000 after acquiring an additional 103,799 shares in the last quarter. Blair William & Co. IL increased its stake in shares of OneSpaWorld by 838.3% in the fourth quarter. Blair William & Co. IL now owns 176,074 shares of the company's stock worth $3,504,000 after buying an additional 157,309 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of OneSpaWorld by 25.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 147,140 shares of the company's stock worth $2,928,000 after buying an additional 29,847 shares during the period. Finally, Barclays PLC increased its stake in shares of OneSpaWorld by 177.8% in the third quarter. Barclays PLC now owns 198,549 shares of the company's stock worth $3,278,000 after buying an additional 127,074 shares during the period. 95.98% of the stock is currently owned by institutional investors.

OneSpaWorld Stock Up 0.1%

OneSpaWorld stock traded up $0.01 during mid-day trading on Friday, reaching $19.31. The stock had a trading volume of 400,206 shares, compared to its average volume of 700,891. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 27.59 and a beta of 1.36. The company has a 50-day moving average price of $17.35 and a two-hundred day moving average price of $18.93. OneSpaWorld Holdings Limited has a one year low of $14.21 and a one year high of $23.01. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st will be given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date of this dividend is Wednesday, May 21st. OneSpaWorld's dividend payout ratio (DPR) is 25.00%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Truist Financial reduced their price objective on shares of OneSpaWorld from $22.00 to $19.00 and set a "buy" rating on the stock in a research report on Tuesday, April 29th. Stifel Nicolaus reduced their price objective on shares of OneSpaWorld from $25.00 to $21.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. Cowen restated a "buy" rating on shares of OneSpaWorld in a report on Thursday, May 1st. Finally, TD Securities dropped their target price 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. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $20.25.

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.