OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Walter Field Mclallen Sells 14,189 Shares

OneSpaWorld Holdings Limited (NASDAQ:OSW - Get Free Report) Director Walter Field Mclallen sold 14,189 shares of the company's stock in a transaction on Friday, May 16th. The shares were sold at an average price of $19.35, for a total value of $274,557.15. Following the completion of the transaction, the director now owns 156,728 shares of the company's stock, valued at $3,032,686.80. The trade was a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

OneSpaWorld Stock Down 1.0%

OSW stock traded down $0.18 during trading hours on Monday, hitting $18.50. The company's stock had a trading volume of 1,000,339 shares, compared to its average volume of 702,994. OneSpaWorld Holdings Limited has a 12 month low of $14.21 and a 12 month high of $23.01. The stock has a 50 day moving average price of $17.54 and a two-hundred day moving average price of $18.95. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $1.94 billion, a PE ratio of 26.43 and a beta of 1.36.

OneSpaWorld Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date is Wednesday, May 21st. OneSpaWorld's dividend payout ratio is 25.00%.

Analyst Ratings Changes

A number of brokerages have commented on OSW. Cowen reiterated a "buy" rating on shares of OneSpaWorld in a report on Thursday, May 1st. Truist Financial reduced their price objective on shares of OneSpaWorld from $22.00 to $19.00 and set a "buy" rating for the company in a report on Tuesday, April 29th. TD Securities cut their price objective on OneSpaWorld from $24.00 to $22.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Finally, Stifel Nicolaus upped their price target on OneSpaWorld from $21.00 to $23.00 and gave the company a "buy" rating in a research report on Friday. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $20.75.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in OSW. Global Retirement Partners LLC bought a new stake in shares of OneSpaWorld in the fourth quarter valued at approximately $26,000. Signaturefd LLC boosted its position in OneSpaWorld by 139.9% in the 4th quarter. Signaturefd LLC now owns 1,317 shares of the company's stock valued at $26,000 after buying an additional 768 shares during the last quarter. Amalgamated Bank raised its holdings in OneSpaWorld by 22.2% during the 1st quarter. Amalgamated Bank now owns 3,479 shares of the company's stock worth $58,000 after purchasing an additional 631 shares during the last quarter. Virtus Advisers LLC bought a new position in shares of OneSpaWorld in the 1st quarter worth $67,000. Finally, Aquatic Capital Management LLC bought a new position in OneSpaWorld during the fourth quarter worth about $81,000. 95.98% of the stock is owned by institutional investors.

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.