Emerald Advisers LLC Increases Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Emerald Advisers LLC boosted its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 538.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 418,477 shares of the company's stock after acquiring an additional 352,979 shares during the period. Emerald Advisers LLC owned 0.40% of OneSpaWorld worth $8,328,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Signaturefd LLC grew its stake in shares of OneSpaWorld by 139.9% during the 4th quarter. Signaturefd LLC now owns 1,317 shares of the company's stock worth $26,000 after acquiring an additional 768 shares during the period. Morse Asset Management Inc boosted its position in OneSpaWorld by 8.1% during the third quarter. Morse Asset Management Inc now owns 14,050 shares of the company's stock worth $232,000 after purchasing an additional 1,050 shares during the period. Sheets Smith Wealth Management boosted its position in OneSpaWorld by 3.3% during the fourth quarter. Sheets Smith Wealth Management now owns 32,952 shares of the company's stock worth $656,000 after purchasing an additional 1,050 shares during the period. Global Retirement Partners LLC purchased a new position in shares of OneSpaWorld in the fourth quarter worth about $26,000. Finally, Swiss National Bank raised its position in shares of OneSpaWorld by 0.7% in the fourth quarter. Swiss National Bank now owns 195,700 shares of the company's stock valued at $3,894,000 after purchasing an additional 1,400 shares during the period. 95.98% of the stock is currently owned by hedge funds and other institutional investors.

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OneSpaWorld Price Performance

NASDAQ:OSW traded down $0.51 during mid-day trading on Thursday, hitting $17.59. 1,095,204 shares of the stock traded hands, compared to its average volume of 604,719. The business's 50-day moving average price is $19.69 and its 200 day moving average price is $18.75. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18. The company has a market cap of $1.84 billion, a PE ratio of 25.13 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.

OneSpaWorld Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th were given a $0.04 dividend. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.91%. OneSpaWorld's dividend payout ratio (DPR) is presently 22.86%.

Analysts Set New Price Targets

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

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.