Channing Capital Management LLC Sells 63,623 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Channing Capital Management LLC reduced its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 2.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,834,515 shares of the company's stock after selling 63,623 shares during the period. Channing Capital Management LLC owned 2.73% of OneSpaWorld worth $56,407,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of OSW. FMR LLC raised its position in shares of OneSpaWorld by 54.0% in the 3rd quarter. FMR LLC now owns 4,137,525 shares of the company's stock worth $68,311,000 after acquiring an additional 1,451,283 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of OneSpaWorld in the 4th quarter worth approximately $13,819,000. Public Employees Retirement System of Ohio bought a new stake in shares of OneSpaWorld in the 3rd quarter worth approximately $9,267,000. Wellington Management Group LLP raised its holdings in shares of OneSpaWorld by 21.4% in the 3rd quarter. Wellington Management Group LLP now owns 1,791,032 shares of the company's stock worth $29,570,000 after purchasing an additional 316,207 shares during the period. Finally, Algert Global LLC raised its holdings in OneSpaWorld by 1,072.8% during the 3rd quarter. Algert Global LLC now owns 293,325 shares of the company's stock valued at $4,843,000 after acquiring an additional 268,315 shares during the period. 95.98% of the stock is owned by institutional investors.

OneSpaWorld Stock Up 3.4 %

NASDAQ OSW traded up $0.56 during mid-day trading on Friday, reaching $16.96. The stock had a trading volume of 1,219,005 shares, compared to its average volume of 853,169. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29. OneSpaWorld Holdings Limited has a 1 year low of $11.98 and a 1 year high of $23.01. The stock has a market cap of $1.78 billion, a PE ratio of 24.23 and a beta of 2.11. The company has a fifty day moving average price of $19.99 and a 200 day moving average price of $18.61.

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OneSpaWorld Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th will be paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date of this dividend is Wednesday, March 12th. OneSpaWorld's dividend payout ratio (DPR) is 22.86%.

Wall Street Analyst Weigh In

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

OneSpaWorld Company 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.