Invesco Ltd. Sells 241,742 Shares of OneSpaWorld Holdings Limited $OSW

Invesco Ltd. lessened its position in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 74.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 84,764 shares of the company’s stock after selling 241,742 shares during the period. Invesco Ltd. owned about 0.08% of OneSpaWorld worth $1,423,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Amalgamated Bank lifted its stake in shares of OneSpaWorld by 22.2% in the first quarter. Amalgamated Bank now owns 3,479 shares of the company’s stock worth $58,000 after buying an additional 631 shares in the last quarter. Aquatic Capital Management LLC bought a new position in shares of OneSpaWorld in the fourth quarter worth approximately $81,000. GAMMA Investing LLC lifted its stake in shares of OneSpaWorld by 2,005.8% in the first quarter. GAMMA Investing LLC now owns 8,697 shares of the company’s stock worth $146,000 after buying an additional 8,284 shares in the last quarter. PharVision Advisers LLC bought a new position in shares of OneSpaWorld in the fourth quarter worth approximately $203,000. Finally, Ethic Inc. bought a new position in shares of OneSpaWorld in the fourth quarter worth approximately $206,000. Institutional investors own 95.98% of the company’s stock.

OneSpaWorld Stock Down 0.6%

OSW opened at $22.57 on Tuesday. 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 1-year low of $14.21 and a 1-year high of $23.28. The company has a market capitalization of $2.32 billion, a PE ratio of 33.19 and a beta of 1.32. The firm’s 50 day simple moving average is $21.69 and its two-hundred day simple moving average is $19.44.

OneSpaWorld (NASDAQ:OSW) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.01. OneSpaWorld had a net margin of 7.74% and a return on equity of 15.93%. The business had revenue of $240.73 million for the quarter, compared to the consensus estimate of $238.28 million. During the same period last year, the firm earned $0.20 earnings per share. The company’s quarterly revenue was up 7.0% on a year-over-year basis. OneSpaWorld has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts forecast that OneSpaWorld Holdings Limited will post 0.9 EPS for the current year.

OneSpaWorld Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 3rd. Shareholders of record on Wednesday, August 20th will be given a $0.04 dividend. The ex-dividend date is Wednesday, August 20th. This represents a $0.16 annualized dividend and a yield of 0.7%. OneSpaWorld’s dividend payout ratio (DPR) is presently 23.53%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on OSW shares. Stifel Nicolaus increased their price objective on shares of OneSpaWorld from $23.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. William Blair restated an “outperform” rating on shares of OneSpaWorld in a research report on Wednesday, July 23rd. Wall Street Zen downgraded shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Saturday, August 23rd. Finally, Truist Financial increased 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 equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $22.67.

Insider Activity at OneSpaWorld

In other OneSpaWorld news, Director Glenn Fusfield sold 23,116 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $21.57, for a total value of $498,612.12. Following the transaction, the director directly owned 151,799 shares in the company, valued at approximately $3,274,304.43. This trade represents a 13.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Andrew R. Heyer sold 31,289 shares of the stock in a transaction that occurred on 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 transaction, the director owned 332,145 shares in the company, valued at $7,171,010.55. The trade was a 8.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 238,263 shares of company stock worth $5,250,920 over the last quarter. Insiders own 3.90% of the company’s stock.

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.