Interval Partners LP Decreases Stake in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Interval Partners LP decreased its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 30.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 498,199 shares of the company's stock after selling 214,708 shares during the quarter. Interval Partners LP owned about 0.48% of OneSpaWorld worth $9,914,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of OSW. J. Goldman & Co LP grew its stake in OneSpaWorld by 137.6% during the 4th quarter. J. Goldman & Co LP now owns 241,780 shares of the company's stock valued at $4,811,000 after acquiring an additional 140,028 shares in the last quarter. Graham Capital Management L.P. grew its position in shares of OneSpaWorld by 187.7% in the fourth quarter. Graham Capital Management L.P. now owns 56,084 shares of the company's stock valued at $1,116,000 after purchasing an additional 36,589 shares in the last quarter. Emmett Investment Management LP purchased a new stake in shares of OneSpaWorld in the fourth quarter valued at approximately $4,334,000. Ethic Inc. acquired a new stake in shares of OneSpaWorld in the fourth quarter valued at approximately $206,000. Finally, Deutsche Bank AG lifted its position in OneSpaWorld by 48.3% during the fourth quarter. Deutsche Bank AG now owns 88,588 shares of the company's stock worth $1,763,000 after buying an additional 28,857 shares in the last quarter. 95.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on OSW shares. Truist Financial cut their target price on OneSpaWorld from $22.00 to $19.00 and set a "buy" rating for the company in a research note on Tuesday, April 29th. TD Securities cut their price objective on shares of OneSpaWorld from $24.00 to $22.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Stifel Nicolaus decreased their target price on shares of OneSpaWorld from $25.00 to $21.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Finally, Cowen restated a "buy" rating on shares of OneSpaWorld in a report on Thursday, May 1st. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $19.60.

OneSpaWorld Price Performance

Shares of OSW opened at $18.78 on Friday. The firm has a 50-day simple moving average of $17.21 and a two-hundred day simple moving average of $18.86. 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 Holdings Limited has a 1-year low of $14.21 and a 1-year high of $23.01. The stock has a market cap of $1.97 billion, a PE ratio of 26.83 and a beta of 1.36.

OneSpaWorld Dividend Announcement

The company 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 0.85%. The ex-dividend date of this dividend is Wednesday, May 21st. OneSpaWorld's payout ratio is 25.00%.

OneSpaWorld Company 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.

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