Charles Schwab Investment Management Inc. lessened its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW – Free Report) by 1.9% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 840,627 shares of the company’s stock after selling 15,939 shares during the period. Charles Schwab Investment Management Inc. owned 0.80% of OneSpaWorld worth $14,114,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Amalgamated Bank raised its position in shares of OneSpaWorld by 22.2% during the 1st quarter. Amalgamated Bank now owns 3,479 shares of the company’s stock valued at $58,000 after purchasing an additional 631 shares during the period. Pinnacle Wealth Management Advisory Group LLC boosted its holdings in OneSpaWorld by 7.3% in the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 11,945 shares of the company’s stock worth $201,000 after buying an additional 815 shares during the period. Sheets Smith Wealth Management increased its stake in OneSpaWorld by 3.8% in the 1st quarter. Sheets Smith Wealth Management now owns 34,199 shares of the company’s stock worth $574,000 after buying an additional 1,247 shares in the last quarter. Balyasny Asset Management L.P. raised its holdings in OneSpaWorld by 3.9% during the fourth quarter. Balyasny Asset Management L.P. now owns 40,071 shares of the company’s stock valued at $797,000 after acquiring an additional 1,509 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in OneSpaWorld by 4.0% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 57,167 shares of the company’s stock valued at $1,138,000 after acquiring an additional 2,185 shares during the period. Hedge funds and other institutional investors own 95.98% of the company’s stock.
OneSpaWorld Trading Up 4.6%
Shares of OSW stock opened at $22.97 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.19 and a debt-to-equity ratio of 0.17. OneSpaWorld Holdings Limited has a 12-month low of $14.21 and a 12-month high of $23.17. The stock’s 50-day moving average price is $21.30 and its 200-day moving average price is $19.43. The stock has a market capitalization of $2.36 billion, a price-to-earnings ratio of 33.78 and a beta of 1.38.
OneSpaWorld Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 3rd. Investors of record on Wednesday, August 20th will be given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.7%. The ex-dividend date is Wednesday, August 20th. OneSpaWorld’s payout ratio is currently 23.53%.
Insider Buying and Selling at OneSpaWorld
In other news, Director Glenn Fusfield sold 23,116 shares of the business’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $21.57, for a total value of $498,612.12. Following the sale, the director directly owned 151,799 shares in the company, valued at $3,274,304.43. The trade was a 13.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Andrew R. Heyer sold 31,289 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $21.59, for a total transaction of $675,529.51. Following the completion of the sale, the director owned 332,145 shares in the company, valued at approximately $7,171,010.55. This trade represents a 8.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 156,824 shares of company stock worth $3,406,170 in the last 90 days. 3.90% of the stock is currently owned by company insiders.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on OSW shares. Wall Street Zen lowered OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Saturday. Cowen reissued a “buy” rating on shares of OneSpaWorld in a research note on Thursday, May 1st. Stifel Nicolaus lifted their target price on OneSpaWorld from $23.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. William Blair reiterated an “outperform” rating on shares of OneSpaWorld in a research report on Wednesday, July 23rd. Finally, Truist Financial lifted their price objective on shares of OneSpaWorld from $19.00 to $21.00 and gave the company a “buy” rating in a research report on Monday, June 9th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat.com, OneSpaWorld has an average rating of “Buy” and a consensus target price of $22.67.
View Our Latest Analysis on OSW
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.
Read More
- Five stocks we like better than OneSpaWorld
- Best Energy Stocks – Energy Stocks to Buy Now
- Equal Weight ETFs: Hidden Upside in Today’s Market
- Energy and Oil Stocks Explained
- Zillow Group Approaching Key Technical Levels: Is It Time to Buy?
- Business Services Stocks Investing
- For True Diversification: 3 Stocks You Can Buy Now
Want to see what other hedge funds are holding OSW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for OneSpaWorld Holdings Limited (NASDAQ:OSW – Free Report).
Receive News & Ratings for OneSpaWorld Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OneSpaWorld and related companies with MarketBeat.com's FREE daily email newsletter.