Harbor Capital Advisors Inc. Increases Stock Position in OneSpaWorld Holdings Limited $OSW

Harbor Capital Advisors Inc. boosted its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 40,623.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,311 shares of the company’s stock after purchasing an additional 51,185 shares during the period. Harbor Capital Advisors Inc. owned approximately 0.05% of OneSpaWorld worth $1,064,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in OSW. AQR Capital Management LLC boosted its position in OneSpaWorld by 41.4% in the 1st quarter. AQR Capital Management LLC now owns 25,286 shares of the company’s stock valued at $425,000 after buying an additional 7,398 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of OneSpaWorld by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,779 shares of the company’s stock worth $1,004,000 after acquiring an additional 2,612 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of OneSpaWorld by 50.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,015 shares of the company’s stock worth $3,577,000 after acquiring an additional 71,420 shares during the last quarter. Intech Investment Management LLC lifted its stake in shares of OneSpaWorld by 80.7% in the first quarter. Intech Investment Management LLC now owns 92,702 shares of the company’s stock worth $1,556,000 after acquiring an additional 41,391 shares in the last quarter. Finally, Rhumbline Advisers lifted its stake in shares of OneSpaWorld by 0.5% in the second quarter. Rhumbline Advisers now owns 138,938 shares of the company’s stock worth $2,833,000 after acquiring an additional 731 shares in the last quarter. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Zacks Research upgraded OneSpaWorld from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Stifel Nicolaus reduced their target price on OneSpaWorld from $27.00 to $26.00 and set a “buy” rating for the company in a research note on Thursday, January 15th. Truist Financial raised their price target on shares of OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Weiss Ratings restated a “buy (b-)” rating on shares of OneSpaWorld in a research note on Monday, December 29th. Finally, Jefferies Financial Group started coverage on shares of OneSpaWorld in a research note on Tuesday, March 24th. They set a “buy” rating and a $30.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, OneSpaWorld has an average rating of “Buy” and an average target price of $26.33.

OneSpaWorld Stock Performance

OSW stock opened at $23.48 on Monday. The stock’s 50 day simple moving average is $21.55 and its 200 day simple moving average is $21.19. OneSpaWorld Holdings Limited has a 12-month low of $14.21 and a 12-month high of $23.70. The firm has a market cap of $2.38 billion, a P/E ratio of 34.03 and a beta of 0.95. The company has a current ratio of 1.91, a quick ratio of 1.10 and a debt-to-equity ratio of 0.15.

OneSpaWorld (NASDAQ:OSW) last released its quarterly earnings data on Wednesday, February 18th. The company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). OneSpaWorld had a return on equity of 17.08% and a net margin of 7.45%.The business had revenue of $242.13 million during the quarter, compared to analyst estimates of $243.07 million. During the same period in the prior year, the firm earned $0.20 EPS. The business’s revenue for the quarter was up 11.5% compared to the same quarter last year. As a group, equities research analysts predict that OneSpaWorld Holdings Limited will post 0.9 EPS for the current year.

OneSpaWorld Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 11th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, March 11th. OneSpaWorld’s dividend payout ratio is presently 28.99%.

OneSpaWorld Profile

OneSpaWorld Holdings Ltd is a global provider of spa and wellness services, catering primarily to the cruise line, hospitality and venue-based leisure industries. The company designs and operates on-board spa facilities, salon services and retail boutiques, offering treatments such as massage, facial and body therapies, nail care, hair styling and aesthetic enhancements. Additionally, OneSpaWorld provides program consulting, management, training and product distribution services to its partners, enabling tailored spa experiences across diverse passenger and guest demographics.

OneSpaWorld’s core operations span major cruise lines—such as Carnival Corporation, Royal Caribbean Group, MSC Cruises and Virgin Voyages—as well as luxury resort and hotel brands.