OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Glenn Fusfield Sells 4,587 Shares

Key Points

• Director Glenn Fusfield sold a total of 4,587 shares of OneSpaWorld for about $100,042 on August 14, significantly decreasing his position by 23.17%.
• OneSpaWorld announced a quarterly dividend of $0.04 per share to be paid on September 3, reflecting a 0.7% dividend yield.
• The company's recent earnings report showed an EPS of $0.25, surpassing expectations, along with a 7.0% increase in quarterly revenue year-over-year.

OneSpaWorld Holdings Limited (NASDAQ:OSW - Get Free Report) Director Glenn Fusfield sold 4,587 shares of the firm's stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $21.81, for a total value of $100,042.47. Following the completion of the sale, the director directly owned 15,213 shares of the company's stock, valued at approximately $331,795.53. This represents a 23.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

Glenn Fusfield also recently made the following trade(s):

• On Monday, August 18th, Glenn Fusfield sold 4,528 shares of OneSpaWorld stock. The shares were sold at an average price of $22.09, for a total value of $100,023.52.
• On Monday, August 18th, Glenn Fusfield sold 13,586 shares of OneSpaWorld stock. The shares were sold at an average price of $22.05, for a total value of $299,571.30.
• On Friday, August 15th, Glenn Fusfield sold 4,625 shares of OneSpaWorld stock. The stock was sold at an average price of $21.64, for a total value of $100,085.00.
• On Friday, August 15th, Glenn Fusfield sold 9,237 shares of OneSpaWorld stock. The stock was sold at an average price of $21.63, for a total value of $199,796.31.
• On Thursday, August 14th, Glenn Fusfield sold 1,147 shares of OneSpaWorld stock. The stock was sold at an average price of $22.03, for a total value of $25,268.41.

OneSpaWorld Price Performance

OSW stock traded up $0.08 during mid-day trading on Monday, reaching $21.92. 335,143 shares of the company's stock were exchanged, compared to its average volume of 507,954. The company has a market cap of $2.25 billion, a price-to-earnings ratio of 26.31 and a beta of 1.38. The stock's 50 day moving average is $21.03 and its 200 day moving average is $19.40. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.88 and a quick ratio of 1.19. OneSpaWorld Holdings Limited has a 12-month low of $14.21 and a 12-month high of $23.17.

OneSpaWorld (NASDAQ:OSW - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.01. The business had revenue of $240.73 million for the quarter, compared to the consensus estimate of $238.28 million. OneSpaWorld had a return on equity of 15.93% and a net margin of 7.74%. The business's quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.20 earnings per share. On average, research analysts expect that OneSpaWorld Holdings Limited will post 0.9 EPS for the current year.

OneSpaWorld Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 3rd. Stockholders of record on Wednesday, August 20th will be given a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Wednesday, August 20th. OneSpaWorld's dividend payout ratio (DPR) is 23.53%.

Analyst Ratings Changes

A number of brokerages have issued reports on OSW. TD Securities lowered their price target on OneSpaWorld from $24.00 to $22.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Wall Street Zen upgraded OneSpaWorld from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Cowen reiterated a "buy" rating on shares of OneSpaWorld in a research report on Thursday, May 1st. Truist Financial increased their price target on OneSpaWorld from $19.00 to $21.00 and gave the stock a "buy" rating in a research report on Monday, June 9th. Finally, William Blair reiterated an "outperform" rating on shares of OneSpaWorld in a research report on Wednesday, July 23rd. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $22.67.

Hedge Funds Weigh In On OneSpaWorld

Several hedge funds and other institutional investors have recently made changes to their positions in OSW. Tower Research Capital LLC TRC grew its holdings in OneSpaWorld by 313.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 9,274 shares of the company's stock valued at $189,000 after buying an additional 7,031 shares in the last quarter. Captrust Financial Advisors grew its holdings in OneSpaWorld by 10.1% in the 2nd quarter. Captrust Financial Advisors now owns 14,389 shares of the company's stock valued at $293,000 after buying an additional 1,325 shares in the last quarter. Select Equity Group L.P. grew its holdings in OneSpaWorld by 4.4% in the 2nd quarter. Select Equity Group L.P. now owns 1,418,757 shares of the company's stock valued at $28,928,000 after buying an additional 59,786 shares in the last quarter. Engineers Gate Manager LP grew its holdings in OneSpaWorld by 82.1% in the 2nd quarter. Engineers Gate Manager LP now owns 19,423 shares of the company's stock valued at $396,000 after buying an additional 8,755 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in OneSpaWorld by 48.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 10,497 shares of the company's stock valued at $214,000 after buying an additional 3,411 shares in the last quarter. Hedge funds and other institutional investors own 95.98% of the company's stock.

About OneSpaWorld

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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