OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Sells $48,325.00 in Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW - Get Free Report) Director Walter Field Mclallen sold 2,500 shares of the business's stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $19.33, for a total transaction of $48,325.00. Following the transaction, the director now owns 154,228 shares in the company, valued at $2,981,227.24. This represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Walter Field Mclallen also recently made the following trade(s):

• On Friday, May 16th, Walter Field Mclallen sold 14,189 shares of OneSpaWorld stock. The shares were sold at an average price of $19.35, for a total value of $274,557.15.

OneSpaWorld Stock Performance

OSW stock traded up $0.25 during trading hours on Thursday, hitting $19.42. 373,954 shares of the stock were exchanged, compared to its average volume of 690,713. OneSpaWorld Holdings Limited has a 12 month low of $14.21 and a 12 month high of $23.01. The company has a current ratio of 1.73, a quick ratio of 1.06 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $1.99 billion, a P/E ratio of 30.34 and a beta of 1.39. The company has a 50-day simple moving average of $18.38 and a two-hundred day simple moving average of $18.97.

OneSpaWorld Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st were given a dividend of $0.04 per share. The ex-dividend date was Wednesday, May 21st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.82%. OneSpaWorld's payout ratio is presently 25.00%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on OSW shares. Truist Financial increased their price target on OneSpaWorld from $19.00 to $21.00 and gave the company a "buy" rating in a research note on Monday, June 9th. TD Securities dropped their price objective on shares of OneSpaWorld from $24.00 to $22.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Cowen reaffirmed a "buy" rating on shares of OneSpaWorld in a report on Thursday, May 1st. Finally, Stifel Nicolaus upped their price target on shares of OneSpaWorld from $21.00 to $23.00 and gave the company a "buy" rating in a research note on Friday, May 23rd. Five 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 price target of $21.25.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in OSW. Victory Capital Management Inc. grew its position in OneSpaWorld by 24.9% during the fourth quarter. Victory Capital Management Inc. now owns 114,940 shares of the company's stock worth $2,287,000 after buying an additional 22,935 shares in the last quarter. Deutsche Bank AG grew its holdings in shares of OneSpaWorld by 48.3% during the 4th quarter. Deutsche Bank AG now owns 88,588 shares of the company's stock worth $1,763,000 after purchasing an additional 28,857 shares in the last quarter. Bank of America Corp DE lifted its position in OneSpaWorld by 4.0% during the fourth quarter. Bank of America Corp DE now owns 473,223 shares of the company's stock worth $9,417,000 after purchasing an additional 18,207 shares during the period. William Blair Investment Management LLC grew its stake in OneSpaWorld by 6.1% during the fourth quarter. William Blair Investment Management LLC now owns 1,802,099 shares of the company's stock worth $35,862,000 after buying an additional 103,799 shares in the last quarter. Finally, Blair William & Co. IL increased its holdings in OneSpaWorld by 838.3% in the 4th quarter. Blair William & Co. IL now owns 176,074 shares of the company's stock valued at $3,504,000 after buying an additional 157,309 shares during the period. 95.98% of the stock is owned by institutional investors.

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.