Envestnet Asset Management Inc. Grows Stock Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Envestnet Asset Management Inc. grew its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 25.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 147,140 shares of the company's stock after purchasing an additional 29,847 shares during the period. Envestnet Asset Management Inc. owned approximately 0.14% of OneSpaWorld worth $2,928,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of OneSpaWorld by 5.2% during the 4th quarter. Vanguard Group Inc. now owns 2,728,953 shares of the company's stock valued at $54,306,000 after acquiring an additional 135,923 shares during the period. Wellington Management Group LLP increased its stake in OneSpaWorld by 16.8% in the 4th quarter. Wellington Management Group LLP now owns 2,092,683 shares of the company's stock valued at $41,644,000 after purchasing an additional 301,651 shares in the last quarter. William Blair Investment Management LLC raised its holdings in OneSpaWorld by 6.1% during the fourth quarter. William Blair Investment Management LLC now owns 1,802,099 shares of the company's stock worth $35,862,000 after purchasing an additional 103,799 shares during the last quarter. Loomis Sayles & Co. L P purchased a new stake in OneSpaWorld during the fourth quarter worth $30,457,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in OneSpaWorld by 205.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,255,893 shares of the company's stock valued at $24,992,000 after purchasing an additional 845,117 shares during the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

OSW has been the subject of several research reports. Stifel Nicolaus cut their price target on OneSpaWorld from $25.00 to $21.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Truist Financial dropped their target price on shares of OneSpaWorld from $22.00 to $19.00 and set a "buy" rating for the company in a report on Tuesday.

OneSpaWorld Price Performance

Shares of NASDAQ OSW traded up $0.40 during trading on Tuesday, reaching $17.64. The company had a trading volume of 735,333 shares, compared to its average volume of 694,098. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. OneSpaWorld Holdings Limited has a twelve month low of $12.49 and a twelve month high of $23.01. The stock has a 50-day moving average price of $17.39 and a two-hundred day moving average price of $18.81. The stock has a market capitalization of $1.85 billion, a PE ratio of 25.20 and a beta of 1.71.

OneSpaWorld Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th were paid a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend was Wednesday, March 12th. OneSpaWorld's 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.