OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Glenn Fusfield Sells 9,237 Shares

Key Points

• Director Glenn Fusfield of OneSpaWorld Holdings Limited sold a total of 9,237 shares on August 15 at an average price of $21.63, reducing his ownership by 4.1% and bringing his total shares to 215,939.
• The company reported a quarterly EPS of $0.25, surpassing analyst estimates, and experienced a 7% increase in revenue year-over-year to $240.73 million.
• OneSpaWorld announced a quarterly dividend of $0.04 per share, with an expected payout date of September 3, representing a yield of 0.7% based on an annualized rate of $0.16.

OneSpaWorld Holdings Limited (NASDAQ:OSW - Get Free Report) Director Glenn Fusfield sold 9,237 shares of the business's stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $21.63, for a total value of $199,796.31. Following the completion of the sale, the director owned 215,939 shares of the company's stock, valued at approximately $4,670,760.57. This trade represents a 4.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Monday, August 18th, Glenn Fusfield sold 4,528 shares of OneSpaWorld stock. The stock was 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 stock was 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 shares were sold at an average price of $21.64, for a total value of $100,085.00.
• On Thursday, August 14th, Glenn Fusfield sold 4,587 shares of OneSpaWorld stock. The stock was sold at an average price of $21.81, for a total value of $100,042.47.
• On Thursday, August 14th, Glenn Fusfield sold 1,147 shares of OneSpaWorld stock. The shares were sold at an average price of $22.03, for a total value of $25,268.41.

OneSpaWorld Stock Performance

OSW traded up $0.08 during mid-day trading on Monday, reaching $21.92. 335,143 shares of the company traded hands, compared to its average volume of 507,954. The stock has a market capitalization of $2.25 billion, a P/E ratio of 26.31 and a beta of 1.38. The company has a quick ratio of 1.19, a current ratio of 1.88 and a debt-to-equity ratio of 0.17. The company's fifty day moving average price is $21.03 and its 200-day moving average price is $19.40. OneSpaWorld Holdings Limited has a 52-week low of $14.21 and a 52-week high of $23.17.

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

OneSpaWorld Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts recently commented on OSW shares. Stifel Nicolaus upped their price objective on OneSpaWorld from $23.00 to $25.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Truist Financial upped their price target on shares of OneSpaWorld from $19.00 to $21.00 and gave the stock a "buy" rating in a report on Monday, June 9th. William Blair reissued an "outperform" rating on shares of OneSpaWorld in a research note on Wednesday, July 23rd. Wall Street Zen raised OneSpaWorld from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th. Finally, Cowen reissued a "buy" rating on shares of OneSpaWorld in a research note on Thursday, May 1st. Six analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $22.67.

Institutional Trading of OneSpaWorld

Several institutional investors have recently added to or reduced their stakes in the company. Ariel Investments LLC increased its position in shares of OneSpaWorld by 23.3% during the second quarter. Ariel Investments LLC now owns 13,213,156 shares of the company's stock worth $269,416,000 after acquiring an additional 2,499,851 shares during the period. Channing Capital Management LLC grew its holdings in OneSpaWorld by 14.7% in the first quarter. Channing Capital Management LLC now owns 3,251,124 shares of the company's stock worth $54,586,000 after purchasing an additional 416,609 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of OneSpaWorld by 9.3% during the first quarter. Vanguard Group Inc. now owns 2,982,065 shares of the company's stock worth $50,069,000 after buying an additional 253,112 shares during the period. American Century Companies Inc. lifted its stake in shares of OneSpaWorld by 105.5% during the second quarter. American Century Companies Inc. now owns 2,976,478 shares of the company's stock worth $60,690,000 after buying an additional 1,528,210 shares during the period. Finally, Victory Capital Management Inc. lifted its stake in shares of OneSpaWorld by 2,326.2% during the first quarter. Victory Capital Management Inc. now owns 2,788,705 shares of the company's stock worth $46,822,000 after buying an additional 2,673,765 shares during the period. 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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