OneSpaWorld Holdings Limited (NASDAQ:OSW - Get Free Report) Director Walter Field Mclallen sold 14,189 shares of the business's stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $19.35, for a total transaction of $274,557.15. Following the transaction, the director now directly owns 156,728 shares in the company, valued at $3,032,686.80. The trade was a 8.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
OneSpaWorld Stock Down 1.3%
OSW traded down $0.24 during trading on Wednesday, reaching $18.71. 14,691 shares of the stock were exchanged, compared to its average volume of 696,697. OneSpaWorld Holdings Limited has a twelve month low of $14.21 and a twelve month high of $23.01. The stock has a market cap of $1.96 billion, a P/E ratio of 26.56 and a beta of 1.36. The stock's 50 day moving average price is $17.45 and its two-hundred day moving average price is $18.94. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84.
OneSpaWorld Announces Dividend
The business also recently disclosed 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. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $0.16 annualized dividend and a dividend yield of 0.86%. OneSpaWorld's dividend payout ratio is currently 25.00%.
Analyst Ratings Changes
A number of research analysts recently issued reports on the stock. TD Securities lowered their target price on shares of OneSpaWorld from $24.00 to $22.00 and set a "buy" rating on the stock in a research note on Thursday, May 1st. Cowen restated a "buy" rating on shares of OneSpaWorld in a research report on Thursday, May 1st. Stifel Nicolaus lowered their price target on shares of OneSpaWorld from $25.00 to $21.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Finally, Truist Financial cut their price target on shares of OneSpaWorld from $22.00 to $19.00 and set a "buy" rating on the stock in a research note on Tuesday, April 29th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, OneSpaWorld currently has a consensus rating of "Buy" and a consensus target price of $20.25.
Check Out Our Latest Stock Report on OneSpaWorld
Hedge Funds Weigh In On OneSpaWorld
Several institutional investors and hedge funds have recently modified their holdings of the stock. Amalgamated Bank boosted its position in shares of OneSpaWorld by 22.2% in the first quarter. Amalgamated Bank now owns 3,479 shares of the company's stock valued at $58,000 after acquiring an additional 631 shares during the period. Summit Investment Advisors Inc. lifted its position 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 purchasing an additional 668 shares during the period. Signaturefd LLC lifted its position 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 purchasing an additional 768 shares during the period. Pinnacle Wealth Management Advisory Group LLC lifted its position in OneSpaWorld by 7.3% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 11,945 shares of the company's stock worth $201,000 after purchasing an additional 815 shares during the period. Finally, Sheets Smith Wealth Management lifted its position 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 purchasing an additional 1,050 shares during the period. 95.98% of the stock is currently owned by institutional investors and hedge funds.
About OneSpaWorld
(
Get Free Report)
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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