Select Equity Group L.P. cut its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 56.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,225,569 shares of the company's stock after selling 2,939,594 shares during the quarter. Select Equity Group L.P. owned approximately 2.14% of OneSpaWorld worth $44,289,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Global Retirement Partners LLC bought a new stake in shares of OneSpaWorld in the 4th quarter valued at approximately $26,000. Signaturefd LLC increased its holdings in shares of 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 acquiring an additional 768 shares during the last quarter. USA Financial Formulas bought a new stake in shares of OneSpaWorld in the 4th quarter valued at approximately $36,000. Aquatic Capital Management LLC bought a new stake in shares of OneSpaWorld in the 4th quarter valued at approximately $81,000. Finally, Smartleaf Asset Management LLC increased its holdings in shares of OneSpaWorld by 2,395.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 5,165 shares of the company's stock valued at $103,000 after acquiring an additional 4,958 shares during the last quarter. 95.98% of the stock is currently owned by hedge funds and other institutional investors.
OneSpaWorld Trading Up 0.4%
OSW traded up $0.08 during trading on Thursday, reaching $18.70. The company had a trading volume of 101,181 shares, compared to its average volume of 696,760. The firm's 50-day simple moving average is $17.48 and its 200 day simple moving average 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. The company has a market cap of $1.96 billion, a price-to-earnings ratio of 26.72 and a beta of 1.36. OneSpaWorld Holdings Limited has a 12-month low of $14.21 and a 12-month high of $23.01.
OneSpaWorld Announces Dividend
The company also recently declared 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. The ex-dividend date is Wednesday, May 21st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.86%. OneSpaWorld's dividend payout ratio is currently 25.00%.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on OSW. Truist Financial lowered their price target on OneSpaWorld from $22.00 to $19.00 and set a "buy" rating for the company in a report on Tuesday, April 29th. Stifel Nicolaus reduced their price objective on OneSpaWorld from $25.00 to $21.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. TD Securities reduced 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, Cowen restated a "buy" rating on shares of OneSpaWorld in a research report on Thursday, May 1st. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, OneSpaWorld presently has a consensus rating of "Buy" and a consensus price target of $20.25.
Check Out Our Latest Stock Report on OneSpaWorld
Insider Activity at OneSpaWorld
In related news, Director Walter Field Mclallen sold 14,189 shares of the 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 sale, the director now directly owns 156,728 shares of the company's stock, valued at approximately $3,032,686.80. This represents a 8.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 5.00% of the stock is owned by insiders.
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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