Bank of New York Mellon Corp Buys 37,133 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Bank of New York Mellon Corp increased its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 14.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 286,855 shares of the company's stock after acquiring an additional 37,133 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.28% of OneSpaWorld worth $5,708,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Global Retirement Partners LLC purchased a new position in OneSpaWorld during the 4th quarter worth approximately $26,000. USA Financial Formulas acquired a new stake in shares of OneSpaWorld in the fourth quarter worth $36,000. Point72 DIFC Ltd purchased a new position in shares of OneSpaWorld during the third quarter valued at $81,000. KBC Group NV acquired a new position in OneSpaWorld during the fourth quarter valued at $121,000. Finally, Longboard Asset Management LP purchased a new stake in OneSpaWorld in the 4th quarter worth about $209,000. 95.98% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Stifel Nicolaus lifted their target price on OneSpaWorld from $24.00 to $25.00 and gave the company a "buy" rating in a research note on Wednesday, January 15th. Truist Financial boosted their price objective on shares of OneSpaWorld from $17.00 to $22.00 and gave the company a "buy" rating in a research report on Tuesday, December 3rd.

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OneSpaWorld Stock Down 0.4 %

Shares of OneSpaWorld stock traded down $0.07 during trading on Thursday, hitting $17.46. 586,058 shares of the stock traded hands, compared to its average volume of 578,230. The company has a fifty day moving average price of $19.83 and a two-hundred day moving average price of $18.68. OneSpaWorld Holdings Limited has a twelve month low of $11.98 and a twelve month high of $23.01. The stock has a market cap of $1.83 billion, a P/E ratio of 25.01 and a beta of 2.11. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84.

OneSpaWorld Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th will be given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.92%. The ex-dividend date is Wednesday, March 12th. OneSpaWorld's dividend payout ratio is 22.86%.

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.