Northern Trust Corp Raises Stock Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Northern Trust Corp lifted its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 11.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 974,192 shares of the company's stock after purchasing an additional 102,342 shares during the quarter. Northern Trust Corp owned about 0.94% of OneSpaWorld worth $19,386,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Summit Investment Advisors Inc. grew its holdings in OneSpaWorld by 6.8% during the fourth quarter. Summit Investment Advisors Inc. now owns 10,511 shares of the company's stock worth $209,000 after acquiring an additional 668 shares during the period. Signaturefd LLC grew its holdings in OneSpaWorld by 139.9% during the fourth quarter. Signaturefd LLC now owns 1,317 shares of the company's stock worth $26,000 after acquiring an additional 768 shares during the period. Sheets Smith Wealth Management grew its holdings in OneSpaWorld by 3.3% during the fourth quarter. Sheets Smith Wealth Management now owns 32,952 shares of the company's stock worth $656,000 after acquiring an additional 1,050 shares during the period. Global Retirement Partners LLC acquired a new position in OneSpaWorld during the fourth quarter worth $26,000. Finally, Swiss National Bank grew its holdings in OneSpaWorld by 0.7% during the fourth quarter. Swiss National Bank now owns 195,700 shares of the company's stock worth $3,894,000 after acquiring an additional 1,400 shares during the period. Hedge funds and other institutional investors own 95.98% of the company's stock.

OneSpaWorld Price Performance

OneSpaWorld stock traded up $0.01 during trading hours on Friday, hitting $19.31. The stock had a trading volume of 400,206 shares, compared to its average volume of 698,967. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29. The stock has a market capitalization of $2.02 billion, a price-to-earnings ratio of 27.59 and a beta of 1.36. OneSpaWorld Holdings Limited has a 1-year low of $14.21 and a 1-year high of $23.01. The stock's fifty day moving average is $17.31 and its two-hundred day moving average is $18.90.

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 issued a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.83%. The ex-dividend date is Wednesday, May 21st. OneSpaWorld's dividend payout ratio (DPR) is 25.00%.

Wall Street Analyst Weigh In

OSW has been the topic of a number of recent analyst reports. TD Securities dropped their price objective on OneSpaWorld from $24.00 to $22.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Cowen reaffirmed a "buy" rating on shares of OneSpaWorld in a report on Thursday, May 1st. Stifel Nicolaus dropped their price objective on OneSpaWorld from $25.00 to $21.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Finally, Truist Financial lowered their target price on OneSpaWorld from $22.00 to $19.00 and set a "buy" rating on the stock in a report on Tuesday, April 29th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $20.25.

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.