OneSpaWorld Holdings Limited (NASDAQ:OSW) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund cut its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 9.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,060,453 shares of the company’s stock after selling 104,303 shares during the period. New York State Common Retirement Fund’s holdings in OneSpaWorld were worth $14,952,000 as of its most recent SEC filing.

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

Insider Buying and Selling

In other OneSpaWorld news, Director Andrew R. Heyer sold 9,000 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $13.00, for a total transaction of $117,000.00. Following the completion of the sale, the director now directly owns 473,145 shares of the company’s stock, valued at $6,150,885. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, Director Maryam Banikarim sold 6,411 shares of OneSpaWorld stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $13.07, for a total transaction of $83,791.77. Following the transaction, the director now owns 75,765 shares in the company, valued at $990,248.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Andrew R. Heyer sold 9,000 shares of the stock in a transaction dated 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 of the company’s stock, valued at $6,150,885. The disclosure for this sale can be found here. 6.70% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Truist Financial raised their target price on shares of OneSpaWorld from $14.00 to $16.00 and gave the company a “buy” rating in a research note on Friday, January 5th. Stifel Nicolaus increased their price objective on shares of OneSpaWorld from $20.00 to $21.00 and gave the company a “buy” rating in a report on Wednesday, January 10th.

OneSpaWorld Trading Down 0.5 %

OneSpaWorld stock opened at $12.71 on Tuesday. OneSpaWorld Holdings Limited has a 1 year low of $9.82 and a 1 year high of $15.12. The firm’s 50 day moving average price is $12.94 and its two-hundred day moving average price is $12.73. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of -115.53 and a beta of 2.12. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.98 and a current ratio of 1.57.

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

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.