Charles Schwab Investment Management Inc. Boosts Stock Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Charles Schwab Investment Management Inc. grew its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 12.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 852,946 shares of the company's stock after purchasing an additional 92,085 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.82% of OneSpaWorld worth $14,082,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Price T Rowe Associates Inc. MD raised its stake in shares of OneSpaWorld by 13.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 23,858 shares of the company's stock worth $316,000 after acquiring an additional 2,860 shares in the last quarter. SG Americas Securities LLC boosted its holdings in shares of OneSpaWorld by 45.9% during the 2nd quarter. SG Americas Securities LLC now owns 85,327 shares of the company's stock valued at $1,311,000 after buying an additional 26,863 shares in the last quarter. Sequoia Financial Advisors LLC bought a new stake in shares of OneSpaWorld during the 2nd quarter valued at $633,000. Bank of New York Mellon Corp boosted its holdings in shares of OneSpaWorld by 24.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 363,455 shares of the company's stock valued at $5,586,000 after buying an additional 72,470 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its position in shares of OneSpaWorld by 13,242.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 11,341 shares of the company's stock worth $174,000 after purchasing an additional 11,256 shares during the last quarter. 95.98% of the stock is currently owned by institutional investors.

OneSpaWorld Price Performance

Shares of NASDAQ:OSW traded down $0.38 on Monday, reaching $19.49. The company's stock had a trading volume of 355,472 shares, compared to its average volume of 541,857. 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 Holdings Limited has a 52-week low of $11.98 and a 52-week high of $20.26. The company has a 50-day simple moving average of $18.08 and a 200 day simple moving average of $16.50. The company has a market cap of $2.03 billion, a P/E ratio of 40.55 and a beta of 2.13.

OneSpaWorld Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th were issued a $0.04 dividend. The ex-dividend date was Wednesday, November 20th. This represents a $0.16 annualized dividend and a dividend yield of 0.82%. OneSpaWorld's payout ratio is currently 32.65%.

Insider Activity at OneSpaWorld

In other news, CFO Stephen Lazarus sold 170,339 shares of the business's stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $16.91, for a total transaction of $2,880,432.49. Following the sale, the chief financial officer now owns 556,581 shares in the company, valued at approximately $9,411,784.71. The trade was a 23.43 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Andrew R. Heyer sold 75,000 shares of the business's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $18.68, for a total value of $1,401,000.00. Following the sale, the director now owns 545,432 shares in the company, valued at $10,188,669.76. The trade was a 12.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 319,810 shares of company stock worth $5,644,816 over the last three months. 5.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

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

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.