KBC Group NV Has $72,000 Stock Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

KBC Group NV reduced its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 29.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,291 shares of the company’s stock after selling 1,776 shares during the quarter. KBC Group NV’s holdings in OneSpaWorld were worth $72,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Signaturefd LLC grew its stake in shares of OneSpaWorld by 139.9% in the fourth quarter. Signaturefd LLC now owns 1,317 shares of the company’s stock valued at $26,000 after buying an additional 768 shares in the last quarter. Aquatic Capital Management LLC acquired a new stake in shares of OneSpaWorld during the fourth quarter worth $81,000. Harvest Fund Management Co. Ltd acquired a new stake in shares of OneSpaWorld during the fourth quarter worth $164,000. GAMMA Investing LLC raised its stake in OneSpaWorld by 2,005.8% in the first quarter. GAMMA Investing LLC now owns 8,697 shares of the company’s stock valued at $146,000 after purchasing an additional 8,284 shares in the last quarter. Finally, PharVision Advisers LLC acquired a new position in OneSpaWorld in the fourth quarter valued at about $203,000. 95.98% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on OSW. Truist Financial lifted their target price on OneSpaWorld from $19.00 to $21.00 and gave the company a “buy” rating in a research report on Monday, June 9th. TD Securities cut their price target on OneSpaWorld from $24.00 to $22.00 and set a “buy” rating on the stock in a report on Thursday, May 1st. Stifel Nicolaus increased their price target on OneSpaWorld from $21.00 to $23.00 and gave the stock a “buy” rating in a report on Friday, May 23rd. Finally, Cowen reaffirmed a “buy” rating on shares of OneSpaWorld in a research report on Thursday, May 1st. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, OneSpaWorld currently has an average rating of “Buy” and a consensus target price of $21.25.

OneSpaWorld Trading Down 0.6%

NASDAQ OSW opened at $21.13 on Wednesday. The firm has a market capitalization of $2.17 billion, a P/E ratio of 33.02 and a beta of 1.41. The business has a fifty day simple moving average of $19.36 and a 200 day simple moving average of $19.02. OneSpaWorld Holdings Limited has a 12 month low of $14.21 and a 12 month high of $23.01. The company has a current ratio of 1.73, a quick ratio of 1.06 and a debt-to-equity ratio of 0.17.

OneSpaWorld Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st were paid a $0.04 dividend. The ex-dividend date was Wednesday, May 21st. This represents a $0.16 dividend on an annualized basis and a yield of 0.76%. OneSpaWorld’s dividend payout ratio (DPR) is presently 25.00%.

Insider Transactions at OneSpaWorld

In other OneSpaWorld news, Director Walter Field Mclallen sold 14,189 shares of the company’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 owned 156,728 shares in the company, valued at $3,032,686.80. This represents a 8.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 5.00% of the stock is owned by company insiders.

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.