FMR LLC lifted its position in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 54.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,137,525 shares of the company's stock after purchasing an additional 1,451,283 shares during the quarter. FMR LLC owned about 3.98% of OneSpaWorld worth $68,311,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of the company. Emerald Advisers LLC grew its holdings in shares of OneSpaWorld by 3.7% in the third quarter. Emerald Advisers LLC now owns 65,498 shares of the company's stock valued at $1,081,000 after purchasing an additional 2,310 shares during the period. Principal Financial Group Inc. boosted its stake in OneSpaWorld by 20.9% during the second quarter. Principal Financial Group Inc. now owns 13,572 shares of the company's stock worth $209,000 after buying an additional 2,350 shares during the period. Kings Path Partners LLC boosted its stake in OneSpaWorld by 3.2% during the third quarter. Kings Path Partners LLC now owns 77,145 shares of the company's stock worth $1,274,000 after buying an additional 2,380 shares during the period. Quarry LP boosted its stake in OneSpaWorld by 178.9% during the second quarter. Quarry LP now owns 4,306 shares of the company's stock worth $66,000 after buying an additional 2,762 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its stake in 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 buying an additional 2,860 shares during the period. Hedge funds and other institutional investors own 95.98% of the company's stock.
Wall Street Analyst Weigh In
Separately, Truist Financial increased their target price on shares of OneSpaWorld from $17.00 to $22.00 and gave the stock a "buy" rating in a research note on Tuesday.
Read Our Latest Stock Analysis on OSW
Insider Transactions at OneSpaWorld
In related news, CFO Stephen Lazarus sold 170,339 shares of the firm's stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $16.91, for a total value of $2,880,432.49. Following the sale, the chief financial officer now owns 556,581 shares of the company's stock, valued at $9,411,784.71. This trade represents 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 available through this hyperlink. Also, Director Andrew R. Heyer sold 75,000 shares of the firm's stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $18.68, for a total transaction of $1,401,000.00. Following the completion of the sale, the director now directly owns 545,432 shares in the company, valued at approximately $10,188,669.76. This trade represents a 12.09 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 319,810 shares of company stock valued at $5,644,816. 5.00% of the stock is currently owned by corporate insiders.
OneSpaWorld Stock Down 0.7 %
Shares of OSW traded down $0.15 during mid-day trading on Friday, hitting $19.87. 290,156 shares of the company's stock were exchanged, compared to its average volume of 498,581. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 40.55 and a beta of 2.13. OneSpaWorld Holdings Limited has a fifty-two week low of $11.98 and a fifty-two week high of $20.26. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84. The stock's 50-day moving average is $18.08 and its 200-day moving average is $16.49.
OneSpaWorld Dividend Announcement
The firm 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 was Wednesday, November 20th. This represents a $0.16 annualized dividend and a dividend yield of 0.81%. OneSpaWorld's dividend payout ratio is presently 32.65%.
About OneSpaWorld
(
Free Report)
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.
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