OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Walter Field Mclallen Sells 2,500 Shares

OneSpaWorld Holdings Limited (NASDAQ:OSW - Get Free Report) Director Walter Field Mclallen sold 2,500 shares of the stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $19.33, for a total value of $48,325.00. Following the completion of the transaction, the director now directly owns 154,228 shares in the company, valued at $2,981,227.24. This trade represents a 1.60% decrease in their position. 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

OneSpaWorld stock traded up $0.71 during mid-day trading on Monday, reaching $19.26. 510,135 shares of the company were exchanged, compared to its average volume of 691,952. The firm's 50-day simple moving average is $18.23 and its two-hundred day simple moving average is $18.96. OneSpaWorld Holdings Limited has a twelve month low of $14.21 and a twelve month high of $23.01. The firm has a market cap of $1.98 billion, a PE ratio of 27.51 and a beta of 1.39. 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 declared a quarterly dividend, which was paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st were issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.83%. The ex-dividend date of this dividend was Wednesday, May 21st. OneSpaWorld's dividend payout ratio is presently 25.00%.

Hedge Funds Weigh In On OneSpaWorld

Several institutional investors have recently bought and sold shares of the company. Ariel Investments LLC raised its position in OneSpaWorld by 37.7% during the 1st quarter. Ariel Investments LLC now owns 10,713,305 shares of the company's stock worth $179,876,000 after buying an additional 2,932,284 shares during the last quarter. Raymond James Financial Inc. purchased a new position in OneSpaWorld during the fourth quarter worth about $54,789,000. Victory Capital Management Inc. lifted its position in OneSpaWorld by 2,326.2% in the first quarter. Victory Capital Management Inc. now owns 2,788,705 shares of the company's stock valued at $46,822,000 after purchasing an additional 2,673,765 shares during the period. Loomis Sayles & Co. L P purchased a new stake in OneSpaWorld in the 4th quarter valued at approximately $30,457,000. Finally, American Century Companies Inc. increased its position in OneSpaWorld by 566.4% during the 1st quarter. American Century Companies Inc. now owns 1,448,268 shares of the company's stock worth $24,316,000 after purchasing an additional 1,230,931 shares during the period. 95.98% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Truist Financial upped their target price on shares of OneSpaWorld from $19.00 to $21.00 and gave the company a "buy" rating in a report on Monday, June 9th. Stifel Nicolaus lifted their target price on OneSpaWorld from $21.00 to $23.00 and gave the stock a "buy" rating in a research report on Friday, May 23rd. Cowen restated a "buy" rating on shares of OneSpaWorld in a research note on Thursday, May 1st. Finally, TD Securities decreased their price objective on OneSpaWorld from $24.00 to $22.00 and set a "buy" rating for the company in a report on Thursday, May 1st. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $21.25.

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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