D. E. Shaw & Co. Inc. lowered its position in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 32.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 264,209 shares of the company's stock after selling 126,855 shares during the period. D. E. Shaw & Co. Inc. owned 0.25% of OneSpaWorld worth $5,258,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in OneSpaWorld during the fourth quarter worth about $54,789,000. Loomis Sayles & Co. L P purchased a new position in shares of OneSpaWorld in the 4th quarter worth approximately $30,457,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of OneSpaWorld by 205.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,255,893 shares of the company's stock valued at $24,992,000 after acquiring an additional 845,117 shares in the last quarter. Neumeier Poma Investment Counsel LLC increased its position in shares of OneSpaWorld by 118.7% during the fourth quarter. Neumeier Poma Investment Counsel LLC now owns 851,122 shares of the company's stock valued at $16,937,000 after acquiring an additional 461,902 shares during the last quarter. Finally, Teacher Retirement System of Texas lifted its holdings in OneSpaWorld by 877.9% during the fourth quarter. Teacher Retirement System of Texas now owns 452,578 shares of the company's stock worth $9,006,000 after acquiring an additional 406,298 shares during the period. Institutional investors own 95.98% of the company's stock.
Insider Activity at OneSpaWorld
In other OneSpaWorld news, Director Walter Field Mclallen sold 14,189 shares of the firm's stock in a transaction dated Friday, May 16th. The stock was 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 in the company, valued at $3,032,686.80. This trade represents a 8.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 5.00% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on the company. TD Securities decreased their target price on OneSpaWorld from $24.00 to $22.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Stifel Nicolaus decreased their price objective on shares of OneSpaWorld from $25.00 to $21.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Cowen reiterated a "buy" rating on shares of OneSpaWorld in a research note on Thursday, May 1st. Finally, Truist Financial reduced their target price on shares of OneSpaWorld from $22.00 to $19.00 and set a "buy" rating for the company in a research report on Tuesday, April 29th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $20.25.
View Our Latest Analysis on OneSpaWorld
OneSpaWorld Stock Performance
OSW traded down $0.29 during trading hours on Wednesday, hitting $18.66. The stock had a trading volume of 276,453 shares, compared to its average volume of 946,976. OneSpaWorld Holdings Limited has a 1 year low of $14.21 and a 1 year high of $23.01. The company's fifty day simple moving average is $17.45 and its 200 day simple moving average is $18.94. The stock has a market cap of $1.95 billion, a PE ratio of 26.71 and a beta of 1.36. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18.
OneSpaWorld Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be given a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.86%. The ex-dividend date of this dividend is Wednesday, May 21st. OneSpaWorld's dividend payout ratio (DPR) is currently 25.00%.
About OneSpaWorld
(
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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