Commonwealth of Pennsylvania Public School Empls Retrmt SYS Invests $579,000 in OneSpaWorld Holdings Limited $OSW

Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 25,212 shares of the company’s stock, valued at approximately $579,000.

Other large investors have also recently bought and sold shares of the company. Brown Brothers Harriman & Co. acquired a new stake in OneSpaWorld in the fourth quarter valued at $31,000. Arax Advisory Partners boosted its position in shares of OneSpaWorld by 428.8% during the 4th quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock worth $33,000 after acquiring an additional 1,295 shares in the last quarter. First Horizon Corp increased its holdings in shares of OneSpaWorld by 120.4% in the 4th quarter. First Horizon Corp now owns 1,785 shares of the company’s stock valued at $37,000 after acquiring an additional 975 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of OneSpaWorld by 325.6% in the 4th quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company’s stock valued at $40,000 after acquiring an additional 1,478 shares during the last quarter. Finally, Aquatic Capital Management LLC acquired a new stake in shares of OneSpaWorld during the 3rd quarter worth about $50,000. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Insider Transactions at OneSpaWorld

In other news, Director Andrew R. Heyer sold 20,000 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $26.04, for a total transaction of $520,800.00. Following the completion of the sale, the director owned 489,817 shares in the company, valued at approximately $12,754,834.68. This represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Walter Field Mclallen sold 10,500 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $24.67, for a total value of $259,035.00. Following the transaction, the director directly owned 137,382 shares in the company, valued at approximately $3,389,213.94. This represents a 7.10% decrease in their position. The SEC filing for this sale provides additional information. 3.60% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

OSW has been the subject of several recent analyst reports. Truist Financial boosted their target price on OneSpaWorld from $25.00 to $28.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. TD Cowen raised their price objective on shares of OneSpaWorld from $27.00 to $29.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Wall Street Zen downgraded shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. Weiss Ratings upgraded shares of OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Finally, Jefferies Financial Group increased their target price on shares of OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, OneSpaWorld currently has an average rating of “Buy” and a consensus price target of $29.20.

OneSpaWorld Stock Performance

Shares of OSW opened at $26.41 on Friday. The company’s 50 day simple moving average is $25.61 and its 200-day simple moving average is $23.31. The firm has a market cap of $2.68 billion, a PE ratio of 35.21 and a beta of 0.90. OneSpaWorld Holdings Limited has a 12-month low of $19.06 and a 12-month high of $29.25. The company has a current ratio of 2.52, a quick ratio of 1.40 and a debt-to-equity ratio of 0.15.

OneSpaWorld (NASDAQ:OSW) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.25 by $0.02. The firm had revenue of $247.63 million during the quarter, compared to the consensus estimate of $244.51 million. OneSpaWorld had a net margin of 7.85% and a return on equity of 18.00%. OneSpaWorld’s revenue for the quarter was up 12.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.15 EPS. As a group, equities analysts predict that OneSpaWorld Holdings Limited will post 1.07 EPS for the current year.

OneSpaWorld Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Wednesday, May 20th. OneSpaWorld’s dividend payout ratio is presently 26.67%.

About OneSpaWorld

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.