Public Employees Retirement System of Ohio Buys Shares of 561,322 OneSpaWorld Holdings Limited (NASDAQ:OSW)

Public Employees Retirement System of Ohio bought a new position in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 561,322 shares of the company's stock, valued at approximately $9,267,000. Public Employees Retirement System of Ohio owned approximately 0.54% of OneSpaWorld at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Divisadero Street Capital Management LP acquired a new position in OneSpaWorld during the 2nd quarter valued at about $7,685,000. Royce & Associates LP bought a new position in OneSpaWorld in the 3rd quarter worth approximately $2,295,000. Sequoia Financial Advisors LLC acquired a new stake in OneSpaWorld in the 2nd quarter valued at approximately $633,000. Driehaus Capital Management LLC raised its stake in OneSpaWorld by 6.1% during the 2nd quarter. Driehaus Capital Management LLC now owns 1,867,527 shares of the company's stock valued at $28,704,000 after acquiring an additional 106,910 shares in the last quarter. Finally, Canada Pension Plan Investment Board acquired a new position in OneSpaWorld during the 2nd quarter worth $516,000. 95.98% of the stock is currently owned by institutional investors.

OneSpaWorld Price Performance

Shares of NASDAQ OSW traded down $0.05 during midday trading on Friday, reaching $20.21. The company's stock had a trading volume of 353,515 shares, compared to its average volume of 543,455. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. The company has a market cap of $2.10 billion, a price-to-earnings ratio of 41.00 and a beta of 2.13. OneSpaWorld Holdings Limited has a one year low of $11.98 and a one year high of $20.48. The company has a 50 day moving average price of $18.36 and a 200 day moving average price of $16.61.

OneSpaWorld Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th were issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date was Wednesday, November 20th. OneSpaWorld's payout ratio is 32.65%.

Wall Street Analyst Weigh In

Separately, Truist Financial boosted their price target on shares of OneSpaWorld from $17.00 to $22.00 and gave the stock a "buy" rating in a research report on Tuesday, December 3rd.

Insider Activity

In related news, CFO Stephen Lazarus sold 8,271 shares of the stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $16.75, for a total value of $138,539.25. Following the transaction, the chief financial officer now owns 726,920 shares in the company, valued at approximately $12,175,910. This represents a 1.13 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Andrew R. Heyer sold 75,000 shares of OneSpaWorld stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $18.68, for a total transaction of $1,401,000.00. Following the completion of the sale, the director now owns 545,432 shares of the company's stock, valued at $10,188,669.76. This trade represents a 12.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 319,810 shares of company stock valued at $5,644,816 over the last three months. Insiders own 5.00% of the company's stock.

OneSpaWorld 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.