Mirae Asset Global Investments Co. Ltd. Buys 5,449 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Mirae Asset Global Investments Co. Ltd. lifted its position in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 17.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 37,553 shares of the company’s stock after acquiring an additional 5,449 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in OneSpaWorld were worth $529,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Amalgamated Bank raised its stake in OneSpaWorld by 10.5% in the third quarter. Amalgamated Bank now owns 12,035 shares of the company’s stock valued at $135,000 after buying an additional 1,144 shares during the period. Arizona State Retirement System increased its holdings in shares of OneSpaWorld by 9.9% during the 3rd quarter. Arizona State Retirement System now owns 25,476 shares of the company’s stock worth $286,000 after acquiring an additional 2,286 shares during the last quarter. State Board of Administration of Florida Retirement System lifted its holdings in OneSpaWorld by 15.0% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 23,822 shares of the company’s stock valued at $267,000 after purchasing an additional 3,100 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in OneSpaWorld by 19.9% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,477 shares of the company’s stock worth $219,000 after purchasing an additional 3,226 shares during the period. Finally, BluePath Capital Management LLC bought a new position in OneSpaWorld during the third quarter worth $37,000. 95.98% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Andrew R. Heyer sold 9,000 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $13.00, for a total value of $117,000.00. Following the completion of the sale, the director now directly owns 473,145 shares in the company, valued at $6,150,885. The sale was disclosed in a filing with the SEC, which is available at this link. In related news, Director Andrew R. Heyer sold 9,000 shares of the firm’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $13.00, for a total value of $117,000.00. Following the transaction, the director now owns 473,145 shares in the company, valued at $6,150,885. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Maryam Banikarim sold 6,411 shares of the company’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $13.07, for a total transaction of $83,791.77. Following the sale, the director now directly owns 75,765 shares of the company’s stock, valued at approximately $990,248.55. The disclosure for this sale can be found here. Company insiders own 6.70% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on OSW. Stifel Nicolaus raised their target price on shares of OneSpaWorld from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Wednesday, January 10th. Truist Financial raised their price objective on shares of OneSpaWorld from $14.00 to $16.00 and gave the stock a “buy” rating in a research report on Friday, January 5th.

OneSpaWorld Stock Up 0.1 %

OSW stock opened at $12.53 on Friday. OneSpaWorld Holdings Limited has a fifty-two week low of $9.82 and a fifty-two week high of $15.12. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.57 and a quick ratio of 0.98. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of -113.90 and a beta of 2.12. The business’s fifty day moving average price is $13.02 and its two-hundred day moving average price is $12.68.

OneSpaWorld (NASDAQ:OSW) last released its quarterly earnings results on Wednesday, February 28th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.04). OneSpaWorld had a negative net margin of 0.37% and a positive return on equity of 12.49%. The business had revenue of $194.81 million during the quarter, compared to analyst estimates of $197.65 million. On average, equities analysts anticipate that OneSpaWorld Holdings Limited will post 0.65 earnings per share for the current year.

OneSpaWorld Company 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.