Oberweis Asset Management Inc. Acquires 42,600 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Oberweis Asset Management Inc. raised its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 10.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 465,400 shares of the company's stock after buying an additional 42,600 shares during the period. Oberweis Asset Management Inc. owned about 0.45% of OneSpaWorld worth $9,261,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Morse Asset Management Inc increased its holdings in OneSpaWorld by 8.1% in the 3rd quarter. Morse Asset Management Inc now owns 14,050 shares of the company's stock worth $232,000 after acquiring an additional 1,050 shares in the last quarter. Barclays PLC grew its position in shares of OneSpaWorld by 177.8% during the third quarter. Barclays PLC now owns 198,549 shares of the company's stock worth $3,278,000 after purchasing an additional 127,074 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of OneSpaWorld by 6.2% in the third quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company's stock worth $39,869,000 after buying an additional 141,578 shares in the last quarter. Lord Abbett & CO. LLC boosted its holdings in shares of OneSpaWorld by 53.5% during the 3rd quarter. Lord Abbett & CO. LLC now owns 615,730 shares of the company's stock valued at $10,166,000 after purchasing an additional 214,557 shares during the last quarter. Finally, Principal Financial Group Inc. increased its stake in OneSpaWorld by 144.2% in the 3rd quarter. Principal Financial Group Inc. now owns 33,137 shares of the company's stock worth $547,000 after acquiring an additional 19,565 shares during the last quarter. 95.98% of the stock is owned by institutional investors.

OneSpaWorld Trading Up 0.8 %

Shares of OSW stock traded up $0.14 on Tuesday, reaching $17.38. 225,947 shares of the company's stock were exchanged, compared to its average volume of 692,130. The company's fifty day simple moving average is $17.39 and its 200 day simple moving average is $18.81. The stock has a market capitalization of $1.82 billion, a PE ratio of 24.82 and a beta of 1.71. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. OneSpaWorld Holdings Limited has a 52 week low of $12.49 and a 52 week high of $23.01.

OneSpaWorld Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th were given a $0.04 dividend. The ex-dividend date was Wednesday, March 12th. This represents a $0.16 annualized dividend and a yield of 0.92%. OneSpaWorld's dividend payout ratio (DPR) is 22.86%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on OSW shares. Truist Financial dropped their price objective on shares of OneSpaWorld from $22.00 to $19.00 and set a "buy" rating for the company in a research note on Tuesday. Stifel Nicolaus reduced their price objective on OneSpaWorld from $25.00 to $21.00 and set a "buy" rating on the stock in a research note 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.