OneSpaWorld Holdings Limited (NASDAQ:OSW) Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System trimmed its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 1.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 83,705 shares of the company’s stock after selling 882 shares during the quarter. California State Teachers Retirement System owned about 0.09% of OneSpaWorld worth $1,004,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. lifted its holdings in shares of OneSpaWorld by 573.0% in the 1st quarter. Russell Investments Group Ltd. now owns 223,663 shares of the company’s stock valued at $2,682,000 after buying an additional 190,429 shares during the period. Palisade Capital Management LP lifted its holdings in shares of OneSpaWorld by 1.2% in the 1st quarter. Palisade Capital Management LP now owns 1,163,401 shares of the company’s stock valued at $13,949,000 after buying an additional 14,342 shares during the period. Eagle Asset Management Inc. lifted its holdings in shares of OneSpaWorld by 192.9% in the 1st quarter. Eagle Asset Management Inc. now owns 1,699,890 shares of the company’s stock valued at $20,381,000 after buying an additional 1,119,500 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of OneSpaWorld by 55.4% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,673 shares of the company’s stock valued at $164,000 after buying an additional 4,875 shares during the period. Finally, Bailard Inc. acquired a new stake in shares of OneSpaWorld in the 1st quarter valued at approximately $252,000. 99.64% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on OSW. Truist Financial raised their price target on OneSpaWorld from $13.00 to $14.00 and gave the company a “buy” rating in a report on Monday, August 21st. Loop Capital raised OneSpaWorld from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a research note on Wednesday, June 21st.

OneSpaWorld Stock Performance

NASDAQ OSW opened at $11.50 on Friday. OneSpaWorld Holdings Limited has a 1-year low of $7.92 and a 1-year high of $13.01. The company has a market capitalization of $1.14 billion, a P/E ratio of -67.65 and a beta of 1.93. The business has a 50 day moving average price of $11.72 and a 200 day moving average price of $11.56. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.71 and a quick ratio of 1.09.

OneSpaWorld (NASDAQ:OSW) last released its quarterly earnings results on Wednesday, August 2nd. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.02. The company had revenue of $200.51 million during the quarter, compared to the consensus estimate of $189.37 million. OneSpaWorld had a positive return on equity of 10.94% and a negative net margin of 2.17%. Sell-side analysts expect that OneSpaWorld Holdings Limited will post 0.5 EPS for the current fiscal year.

Insiders Place Their Bets

In other OneSpaWorld news, Director Andrew R. Heyer sold 6,000 shares of the firm’s stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $11.20, for a total transaction of $67,200.00. Following the completion of the transaction, the director now owns 487,128 shares of the company’s stock, valued at $5,455,833.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Andrew R. Heyer sold 6,000 shares of OneSpaWorld stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $11.20, for a total value of $67,200.00. Following the completion of the sale, the director now owns 487,128 shares of the company’s stock, valued at $5,455,833.60. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Leisure Ltd Steiner sold 3,200,000 shares of OneSpaWorld stock in a transaction on Wednesday, June 21st. The shares were sold at an average price of $10.29, for a total value of $32,928,000.00. Following the completion of the sale, the director now directly owns 7,960,760 shares of the company’s stock, valued at approximately $81,916,220.40. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,604,658 shares of company stock valued at $46,556,913. Corporate insiders own 6.70% of the company’s stock.

OneSpaWorld Profile

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.