Rhumbline Advisers Lowers Stake in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Rhumbline Advisers lowered its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 1.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 129,454 shares of the company’s stock after selling 2,268 shares during the quarter. Rhumbline Advisers owned 0.12% of OneSpaWorld worth $2,576,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. FMR LLC increased its position in OneSpaWorld by 54.0% in the third quarter. FMR LLC now owns 4,137,525 shares of the company’s stock worth $68,311,000 after purchasing an additional 1,451,283 shares during the last quarter. Geode Capital Management LLC increased its position in OneSpaWorld by 6.2% during the third quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company’s stock valued at $39,869,000 after acquiring an additional 141,578 shares during the last quarter. State Street Corp increased its position in OneSpaWorld by 3.0% during the third quarter. State Street Corp now owns 2,148,522 shares of the company’s stock valued at $35,472,000 after acquiring an additional 61,568 shares during the last quarter. Wellington Management Group LLP increased its position in OneSpaWorld by 21.4% during the third quarter. Wellington Management Group LLP now owns 1,791,032 shares of the company’s stock valued at $29,570,000 after acquiring an additional 316,207 shares during the last quarter. Finally, Fenimore Asset Management Inc increased its position in OneSpaWorld by 1.9% during the fourth quarter. Fenimore Asset Management Inc now owns 927,332 shares of the company’s stock valued at $18,454,000 after acquiring an additional 17,288 shares during the last quarter. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Insider Activity

In other news, Director Walter Field Mclallen sold 18,000 shares of the company’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $20.40, for a total transaction of $367,200.00. Following the transaction, the director now owns 170,917 shares in the company, valued at $3,486,706.80. This represents a 9.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 5.00% of the company’s stock.

OneSpaWorld Stock Performance

OSW stock opened at $19.08 on Monday. The firm has a market cap of $2.00 billion, a price-to-earnings ratio of 27.26 and a beta of 2.10. The firm has a 50-day simple moving average of $20.36 and a two-hundred day simple moving average of $18.50. OneSpaWorld Holdings Limited has a one year low of $11.98 and a one year high of $23.01. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84.

OneSpaWorld Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th will be given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend is Wednesday, March 12th. OneSpaWorld’s payout ratio is 22.86%.

Analyst Ratings Changes

OSW has been the topic of a number of analyst reports. Truist Financial boosted their price objective on shares of OneSpaWorld from $17.00 to $22.00 and gave the company a “buy” rating in a research report on Tuesday, December 3rd. Stifel Nicolaus upped their price objective on shares of OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Wednesday, January 15th.

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.