Emerald Advisers LLC Has $8.33 Million Stock Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Emerald Advisers LLC raised its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 538.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 418,477 shares of the company's stock after buying an additional 352,979 shares during the period. Emerald Advisers LLC owned about 0.40% of OneSpaWorld worth $8,328,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Principal Financial Group Inc. grew its stake in shares of OneSpaWorld by 144.2% in the 3rd quarter. Principal Financial Group Inc. now owns 33,137 shares of the company's stock valued at $547,000 after buying an additional 19,565 shares in the last quarter. Victory Capital Management Inc. lifted its stake in OneSpaWorld by 55.6% in the third quarter. Victory Capital Management Inc. now owns 92,005 shares of the company's stock valued at $1,519,000 after acquiring an additional 32,888 shares during the last quarter. Moran Wealth Management LLC grew its position in OneSpaWorld by 34.8% in the third quarter. Moran Wealth Management LLC now owns 35,219 shares of the company's stock worth $581,000 after acquiring an additional 9,096 shares in the last quarter. Intech Investment Management LLC acquired a new position in shares of OneSpaWorld during the 3rd quarter worth $285,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of OneSpaWorld by 12.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 852,946 shares of the company's stock valued at $14,082,000 after purchasing an additional 92,085 shares in the last quarter. 95.98% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on OSW. Stifel Nicolaus upped their price objective on shares of OneSpaWorld from $24.00 to $25.00 and gave the stock a "buy" rating in a report on Wednesday, January 15th. Truist Financial upped their price target on OneSpaWorld from $17.00 to $22.00 and gave the stock a "buy" rating in a research note on Tuesday, December 3rd.

OneSpaWorld Stock Performance

OSW stock traded down $0.16 on Tuesday, reaching $18.14. 969,498 shares of the company were exchanged, compared to its average volume of 597,105. The firm has a market capitalization of $1.90 billion, a PE ratio of 25.91 and a beta of 2.11. OneSpaWorld Holdings Limited has a 12 month low of $11.98 and a 12 month high of $23.01. The stock's fifty day moving average price is $19.76 and its 200 day moving average price is $18.74. 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 Dividend Announcement

The company also recently declared 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. The ex-dividend date is Wednesday, March 12th. This represents a $0.16 annualized dividend and a yield of 0.88%. OneSpaWorld's dividend payout ratio is 22.86%.

About OneSpaWorld

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.