DAVENPORT & Co LLC Raises Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

DAVENPORT & Co LLC raised its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 4.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,224,289 shares of the company's stock after acquiring an additional 98,877 shares during the quarter. DAVENPORT & Co LLC owned about 2.23% of OneSpaWorld worth $31,362,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of OSW. Point72 Hong Kong Ltd bought a new position in shares of OneSpaWorld during the second quarter worth $31,000. BluePath Capital Management LLC bought a new position in shares of OneSpaWorld during the third quarter worth $37,000. Tower Research Capital LLC TRC boosted its position in shares of OneSpaWorld by 94.2% during the second quarter. Tower Research Capital LLC TRC now owns 3,625 shares of the company's stock worth $44,000 after purchasing an additional 1,758 shares in the last quarter. UBS Group AG boosted its position in shares of OneSpaWorld by 8,717.7% during the third quarter. UBS Group AG now owns 5,467 shares of the company's stock worth $47,000 after purchasing an additional 5,405 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in shares of OneSpaWorld by 1,213.0% during the second quarter. Captrust Financial Advisors now owns 7,182 shares of the company's stock worth $51,000 after purchasing an additional 6,635 shares in the last quarter. 95.98% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

OSW has been the topic of a number of recent analyst reports. Truist Financial lifted their price target on shares of OneSpaWorld from $14.00 to $16.00 and gave the stock a "buy" rating in a research report on Friday, January 5th. Stifel Nicolaus lifted their price target on shares of OneSpaWorld from $20.00 to $21.00 and gave the stock a "buy" rating in a research report on Wednesday, January 10th.

Insider Buying and Selling

In other OneSpaWorld news, Director Maryam Banikarim sold 6,411 shares of OneSpaWorld stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $13.07, for a total value of $83,791.77. Following the sale, the director now directly owns 75,765 shares in the company, valued at approximately $990,248.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other OneSpaWorld news, Director Andrew R. Heyer sold 9,000 shares of OneSpaWorld stock in a transaction on Monday, March 4th. The shares were sold at an average price of $13.00, for a total value of $117,000.00. Following the sale, the director now directly owns 473,145 shares in the company, valued at approximately $6,150,885. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Maryam Banikarim sold 6,411 shares of OneSpaWorld stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $13.07, for a total transaction of $83,791.77. Following the completion of the sale, the director now owns 75,765 shares in the company, valued at $990,248.55. The disclosure for this sale can be found here. 6.70% of the stock is currently owned by company insiders.

OneSpaWorld Stock Down 0.4 %

Shares of NASDAQ:OSW traded down $0.05 during midday trading on Wednesday, reaching $13.01. 515,199 shares of the company were exchanged, compared to its average volume of 602,419. OneSpaWorld Holdings Limited has a fifty-two week low of $9.82 and a fifty-two week high of $15.12. The company has a quick ratio of 0.98, a current ratio of 1.57 and a debt-to-equity ratio of 0.36. The stock has a fifty day simple moving average of $13.48 and a two-hundred day simple moving average of $12.53. The firm has a market cap of $1.31 billion, a PE ratio of -118.27 and a beta of 2.12.

OneSpaWorld (NASDAQ:OSW - Get Free Report) last issued its quarterly earnings data on Wednesday, February 28th. The company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.14 by ($0.04). OneSpaWorld had a positive return on equity of 12.49% and a negative net margin of 0.37%. The company had revenue of $194.81 million for the quarter, compared to analyst estimates of $197.65 million. As a group, sell-side analysts forecast that OneSpaWorld Holdings Limited will post 0.66 earnings per share for the current year.

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.