Select Equity Group L.P. Has $44.29 Million Stock Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Select Equity Group L.P. trimmed its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 56.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,225,569 shares of the company's stock after selling 2,939,594 shares during the period. Select Equity Group L.P. owned 2.14% of OneSpaWorld worth $44,289,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Victory Capital Management Inc. boosted its stake in shares of OneSpaWorld by 24.9% in 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 during the last quarter. William Blair Investment Management LLC lifted its holdings in OneSpaWorld by 6.1% during the 4th 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. Blair William & Co. IL grew its stake in OneSpaWorld by 838.3% during the 4th quarter. Blair William & Co. IL now owns 176,074 shares of the company's stock worth $3,504,000 after purchasing an additional 157,309 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of OneSpaWorld by 25.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 147,140 shares of the company's stock worth $2,928,000 after acquiring an additional 29,847 shares in the last quarter. Finally, Barclays PLC lifted its holdings in shares of OneSpaWorld by 177.8% in the 3rd quarter. Barclays PLC now owns 198,549 shares of the company's stock valued at $3,278,000 after purchasing an additional 127,074 shares during the last quarter. 95.98% of the stock is owned by institutional investors.

OneSpaWorld Stock Down 0.6%

Shares of OneSpaWorld stock traded down $0.11 on Tuesday, hitting $18.99. 445,508 shares of the company traded hands, compared to its average volume of 699,377. The company has a 50-day moving average price of $17.40 and a 200 day moving average price of $18.94. 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 Holdings Limited has a 12-month low of $14.21 and a 12-month high of $23.01. The company has a market cap of $1.99 billion, a PE ratio of 27.13 and a beta of 1.36.

OneSpaWorld Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st will be paid a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.84%. The ex-dividend date is Wednesday, May 21st. OneSpaWorld's payout ratio is presently 25.00%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on OSW. Cowen reissued a "buy" rating on shares of OneSpaWorld in a research note on Thursday, May 1st. TD Securities cut their price objective on OneSpaWorld from $24.00 to $22.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Truist Financial decreased their target price on OneSpaWorld from $22.00 to $19.00 and set a "buy" rating for the company in a research note on Tuesday, April 29th. Finally, Stifel Nicolaus cut their price target on OneSpaWorld from $25.00 to $21.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, OneSpaWorld presently has an average rating of "Buy" and a consensus target price of $20.25.

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.