Hsbc Holdings PLC Decreases Stock Holdings in OneSpaWorld Holdings Limited $OSW

Hsbc Holdings PLC lessened its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 39.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 11,655 shares of the company’s stock after selling 7,610 shares during the period. Hsbc Holdings PLC’s holdings in OneSpaWorld were worth $193,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Northern Trust Corp raised its holdings in OneSpaWorld by 9.7% during the 1st quarter. Northern Trust Corp now owns 1,068,228 shares of the company’s stock valued at $17,936,000 after buying an additional 94,036 shares during the period. American Century Companies Inc. raised its holdings in OneSpaWorld by 566.4% during the 1st quarter. American Century Companies Inc. now owns 1,448,268 shares of the company’s stock valued at $24,316,000 after buying an additional 1,230,931 shares during the period. Russell Investments Group Ltd. raised its holdings in OneSpaWorld by 23.0% during the 1st quarter. Russell Investments Group Ltd. now owns 730,793 shares of the company’s stock valued at $12,270,000 after buying an additional 136,571 shares during the period. Nuveen LLC purchased a new stake in OneSpaWorld during the 1st quarter valued at $13,348,000. Finally, Townsquare Capital LLC raised its holdings in OneSpaWorld by 0.7% during the 1st quarter. Townsquare Capital LLC now owns 213,191 shares of the company’s stock valued at $3,579,000 after buying an additional 1,428 shares during the period. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Insiders Place Their Bets

In related news, Director Glenn Fusfield sold 11,057 shares of the company’s stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $22.59, for a total transaction of $249,777.63. Following the completion of the sale, the director directly owned 70,360 shares in the company, valued at $1,589,432.40. This represents a 13.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Andrew R. Heyer sold 31,289 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $21.59, for a total value of $675,529.51. Following the completion of the sale, the director owned 332,145 shares of the company’s stock, 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 have sold a total of 238,263 shares of company stock valued at $5,250,920 over the last 90 days. 3.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Wall Street Zen upgraded OneSpaWorld from a “hold” rating to a “buy” rating in a report on Friday. Truist Financial increased their price target on OneSpaWorld from $19.00 to $21.00 and gave the company a “buy” rating in a report on Monday, June 9th. Stifel Nicolaus increased their price target on OneSpaWorld from $23.00 to $25.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Finally, William Blair reaffirmed an “outperform” rating on shares of OneSpaWorld in a research report on Wednesday, July 23rd. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, OneSpaWorld presently has a consensus rating of “Buy” and a consensus price target of $22.67.

OneSpaWorld Stock Performance

Shares of OneSpaWorld stock opened at $21.96 on Friday. OneSpaWorld Holdings Limited has a 52 week low of $14.21 and a 52 week high of $23.28. The company has a quick ratio of 1.19, a current ratio of 1.88 and a debt-to-equity ratio of 0.17. The stock’s fifty day moving average is $21.86 and its two-hundred day moving average is $19.47. The company has a market capitalization of $2.26 billion, a PE ratio of 32.29 and a beta of 1.32.

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

OneSpaWorld Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Wednesday, August 20th were paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Wednesday, August 20th. OneSpaWorld’s dividend payout ratio is 23.53%.

About OneSpaWorld

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.