Deutsche Bank AG Boosts Stake in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Deutsche Bank AG grew its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 48.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 88,588 shares of the company’s stock after buying an additional 28,857 shares during the quarter. Deutsche Bank AG owned 0.09% of OneSpaWorld worth $1,763,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in shares of OneSpaWorld in the fourth quarter worth about $54,789,000. Vanguard Group Inc. grew its position in shares of OneSpaWorld by 5.2% in the 4th quarter. Vanguard Group Inc. now owns 2,728,953 shares of the company’s stock worth $54,306,000 after buying an additional 135,923 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of OneSpaWorld by 4.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,612,894 shares of the company’s stock worth $51,997,000 after purchasing an additional 120,979 shares in the last quarter. Capital International Investors boosted its stake in OneSpaWorld by 17.7% in the 4th quarter. Capital International Investors now owns 2,531,129 shares of the company’s stock worth $50,369,000 after purchasing an additional 380,611 shares in the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of OneSpaWorld by 16.8% during the fourth quarter. Wellington Management Group LLP now owns 2,092,683 shares of the company’s stock valued at $41,644,000 after buying an additional 301,651 shares during the last quarter. Institutional investors own 95.98% of the company’s stock.

Insiders Place Their Bets

In other news, Director Walter Field Mclallen sold 14,189 shares of the business’s stock in a transaction on Friday, May 16th. The stock was sold at an average price of $19.35, for a total value of $274,557.15. Following the completion of the transaction, the director now directly owns 156,728 shares of the company’s stock, valued at approximately $3,032,686.80. The trade was a 8.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 5.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on OSW. Cowen reissued a “buy” rating on shares of OneSpaWorld in a research report on Thursday, May 1st. TD Securities cut their target price on OneSpaWorld from $24.00 to $22.00 and set a “buy” rating for the company in a research report on Thursday, May 1st. Stifel Nicolaus raised their price objective on OneSpaWorld from $21.00 to $23.00 and gave the company a “buy” rating in a research report on Friday. Finally, Truist Financial lowered their price objective on shares of OneSpaWorld from $22.00 to $19.00 and set a “buy” rating for the company in a research report on Tuesday, April 29th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $20.75.

OneSpaWorld Stock Performance

Shares of OneSpaWorld stock opened at $18.50 on Friday. OneSpaWorld Holdings Limited has a 52 week low of $14.21 and a 52 week high of $23.01. The stock’s fifty day moving average is $17.54 and its two-hundred day moving average is $18.95. The company has a market capitalization of $1.94 billion, a PE ratio of 26.43 and a beta of 1.36. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18.

OneSpaWorld Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st will be issued a $0.04 dividend. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.86%. OneSpaWorld’s payout ratio is 25.00%.

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.