Raymond James & Associates Sells 1,170 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Raymond James & Associates cut its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 2.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 39,290 shares of the company’s stock after selling 1,170 shares during the quarter. Raymond James & Associates’ holdings in OneSpaWorld were worth $554,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. HighTower Advisors LLC increased its stake in shares of OneSpaWorld by 59.8% in the third quarter. HighTower Advisors LLC now owns 206,984 shares of the company’s stock worth $2,323,000 after purchasing an additional 77,421 shares in the last quarter. Hsbc Holdings PLC lifted its position in shares of OneSpaWorld by 20.1% during the third quarter. Hsbc Holdings PLC now owns 26,013 shares of the company’s stock worth $288,000 after acquiring an additional 4,359 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of OneSpaWorld by 36.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 666,200 shares of the company’s stock valued at $7,475,000 after purchasing an additional 176,602 shares in the last quarter. State of New Jersey Common Pension Fund D purchased a new position in OneSpaWorld during the 3rd quarter valued at about $2,459,000. Finally, Trexquant Investment LP increased its holdings in OneSpaWorld by 47.0% during the 3rd quarter. Trexquant Investment LP now owns 77,095 shares of the company’s stock worth $865,000 after acquiring an additional 24,646 shares during the period. 95.98% of the stock is owned by institutional investors.

OneSpaWorld Stock Up 0.1 %

NASDAQ OSW opened at $12.53 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.57 and a quick ratio of 0.98. OneSpaWorld Holdings Limited has a 1 year low of $9.82 and a 1 year high of $15.12. The stock has a market capitalization of $1.26 billion, a PE ratio of -113.90 and a beta of 2.12. The business’s 50-day moving average is $13.02 and its 200 day moving average is $12.68.

OneSpaWorld (NASDAQ:OSW) last announced its quarterly earnings results on Wednesday, February 28th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.04). The company had revenue of $194.81 million for the quarter, compared to analysts’ expectations of $197.65 million. OneSpaWorld had a negative net margin of 0.37% and a positive return on equity of 12.49%. Sell-side analysts forecast that OneSpaWorld Holdings Limited will post 0.65 earnings per share for the current year.

Insider Buying and Selling at OneSpaWorld

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

Wall Street Analyst Weigh In

Several analysts have weighed in on OSW shares. Truist Financial raised their price target on OneSpaWorld from $14.00 to $16.00 and gave the company a “buy” rating in a report on Friday, January 5th. Stifel Nicolaus boosted their price target 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.

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.