The Manufacturers Life Insurance Company Has $945,000 Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

The Manufacturers Life Insurance Company lessened its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 4.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,468 shares of the company’s stock after selling 1,956 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in OneSpaWorld were worth $945,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Global Retirement Partners LLC acquired a new stake in shares of OneSpaWorld during the 4th quarter worth approximately $26,000. Signaturefd LLC grew its holdings in OneSpaWorld by 139.9% during the fourth quarter. Signaturefd LLC now owns 1,317 shares of the company’s stock valued at $26,000 after purchasing an additional 768 shares during the period. USA Financial Formulas acquired a new position in OneSpaWorld during the fourth quarter valued at approximately $36,000. Aquatic Capital Management LLC acquired a new position in OneSpaWorld during the fourth quarter valued at approximately $81,000. Finally, Smartleaf Asset Management LLC grew its holdings in OneSpaWorld by 2,395.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 5,165 shares of the company’s stock valued at $103,000 after purchasing an additional 4,958 shares during the period. Institutional investors and hedge funds own 95.98% of the company’s stock.

OneSpaWorld Stock Performance

Shares of OSW opened at $19.31 on Thursday. 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 Holdings Limited has a twelve month low of $14.21 and a twelve month high of $23.01. The firm’s 50 day moving average price is $17.27 and its two-hundred day moving average price is $18.89. The firm has a market cap of $2.02 billion, a P/E ratio of 27.59 and a beta of 1.36.

OneSpaWorld Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date is Wednesday, May 21st. OneSpaWorld’s payout ratio is currently 25.00%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on OSW. Cowen restated a “buy” rating on shares of OneSpaWorld in a report on Thursday, May 1st. TD Securities decreased their price objective on shares of OneSpaWorld from $24.00 to $22.00 and set a “buy” rating for the company in a report on Thursday, May 1st. Stifel Nicolaus decreased their price objective on shares of OneSpaWorld from $25.00 to $21.00 and set a “buy” rating for the company in a report on Tuesday, April 8th. Finally, Truist Financial decreased their price objective on shares of OneSpaWorld from $22.00 to $19.00 and set a “buy” rating for the company in a report on Tuesday, April 29th. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $19.60.

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.