Invesco Ltd. Boosts Stake in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Invesco Ltd. lifted its position in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 336.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 326,506 shares of the company's stock after purchasing an additional 251,690 shares during the quarter. Invesco Ltd. owned 0.31% of OneSpaWorld worth $6,497,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Global Retirement Partners LLC purchased a new position in OneSpaWorld in the 4th quarter worth approximately $26,000. Signaturefd LLC grew its holdings in OneSpaWorld by 139.9% in the 4th quarter. Signaturefd LLC now owns 1,317 shares of the company's stock worth $26,000 after acquiring an additional 768 shares during the last quarter. USA Financial Formulas purchased a new position in shares of OneSpaWorld in the fourth quarter valued at about $36,000. Smartleaf Asset Management LLC raised its stake in shares of OneSpaWorld by 2,395.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 5,165 shares of the company's stock valued at $103,000 after acquiring an additional 4,958 shares during the last quarter. Finally, KBC Group NV purchased a new position in OneSpaWorld during the 4th quarter valued at about $121,000. 95.98% of the stock is owned by hedge funds and other institutional investors.

OneSpaWorld Stock Up 4.0 %

Shares of OSW traded up $0.68 during mid-day trading on Thursday, reaching $17.38. The company had a trading volume of 97,918 shares, compared to its average volume of 698,244. The firm has a 50-day moving average price of $17.27 and a 200 day moving average price of $18.79. The company has a market capitalization of $1.82 billion, a price-to-earnings ratio of 24.65 and a beta of 1.71. OneSpaWorld Holdings Limited has a 52 week low of $13.29 and a 52 week high of $23.01. 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 Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th were paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend was Wednesday, March 12th. OneSpaWorld's payout ratio is 22.86%.

Analyst Ratings Changes

OSW has been the subject of several research reports. 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. Stifel Nicolaus decreased their target price on OneSpaWorld from $25.00 to $21.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th.

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.