Fenimore Asset Management Inc Boosts Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Fenimore Asset Management Inc increased its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 1.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 927,332 shares of the company's stock after acquiring an additional 17,288 shares during the quarter. Fenimore Asset Management Inc owned approximately 0.89% of OneSpaWorld worth $18,454,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. American Century Companies Inc. lifted its position in OneSpaWorld by 3.8% during the 2nd quarter. American Century Companies Inc. now owns 193,320 shares of the company's stock worth $2,971,000 after acquiring an additional 7,090 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of OneSpaWorld by 3.3% during the second quarter. Envestnet Asset Management Inc. now owns 125,675 shares of the company's stock worth $1,932,000 after purchasing an additional 3,981 shares during the period. Dimensional Fund Advisors LP grew its position in OneSpaWorld by 1.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,449,472 shares of the company's stock valued at $37,647,000 after buying an additional 29,991 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in OneSpaWorld in the 2nd quarter valued at $516,000. Finally, Sei Investments Co. acquired a new position in OneSpaWorld in the 2nd quarter valued at $668,000. Hedge funds and other institutional investors own 95.98% of the company's stock.

OneSpaWorld Price Performance

Shares of OSW traded up $0.01 during trading hours on Friday, reaching $20.04. The company had a trading volume of 488,803 shares, compared to its average volume of 382,573. 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 12-month low of $11.98 and a 12-month high of $20.57. The firm has a 50 day simple moving average of $19.56 and a 200-day simple moving average of $17.57. The company has a market capitalization of $2.08 billion, a price-to-earnings ratio of 40.90 and a beta of 2.10.

OneSpaWorld Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 20th were given a dividend of $0.04 per share. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.80%. OneSpaWorld's payout ratio is 32.65%.

Wall Street Analysts Forecast Growth

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

Insider Transactions at OneSpaWorld

In related news, CFO Stephen Lazarus sold 65,906 shares of the company's stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $18.51, for a total value of $1,219,920.06. Following the sale, the chief financial officer now owns 490,675 shares of the company's stock, valued at approximately $9,082,394.25. This represents a 11.84 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andrew R. Heyer sold 75,000 shares of the firm's stock in a transaction on 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 transaction, the director now directly owns 545,432 shares of the company's stock, 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 have sold 158,906 shares of company stock valued at $2,988,120 in the last quarter. 5.00% of the stock is currently owned by corporate insiders.

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.