Geode Capital Management LLC Purchases 141,578 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Geode Capital Management LLC raised its position in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 6.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,414,363 shares of the company's stock after purchasing an additional 141,578 shares during the quarter. Geode Capital Management LLC owned 2.32% of OneSpaWorld worth $39,869,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of OSW. Quarry LP increased its stake in OneSpaWorld by 178.9% in the 2nd quarter. Quarry LP now owns 4,306 shares of the company's stock valued at $66,000 after buying an additional 2,762 shares during the last quarter. Point72 DIFC Ltd acquired a new stake in shares of OneSpaWorld in the third quarter valued at about $81,000. Allspring Global Investments Holdings LLC raised its holdings in OneSpaWorld by 13,242.4% during the second quarter. Allspring Global Investments Holdings LLC now owns 11,341 shares of the company's stock worth $174,000 after acquiring an additional 11,256 shares in the last quarter. Morse Asset Management Inc acquired a new position in OneSpaWorld during the second quarter valued at approximately $200,000. Finally, Principal Financial Group Inc. grew its stake in OneSpaWorld by 20.9% in the second quarter. Principal Financial Group Inc. now owns 13,572 shares of the company's stock valued at $209,000 after purchasing an additional 2,350 shares in the last quarter. 95.98% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Truist Financial boosted their target price on shares of OneSpaWorld from $17.00 to $22.00 and gave the stock a "buy" rating in a report on Tuesday, December 3rd.

OneSpaWorld Stock Performance

OSW stock traded up $0.17 during midday trading on Wednesday, reaching $19.96. 162,961 shares of the company were exchanged, compared to its average volume of 545,424. OneSpaWorld Holdings Limited has a one year low of $11.98 and a one year high of $20.57. The firm has a market capitalization of $2.08 billion, a price-to-earnings ratio of 40.73 and a beta of 2.13. The business has a 50-day moving average price of $18.86 and a two-hundred day moving average price of $16.88. 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 business also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th were paid a $0.04 dividend. The ex-dividend date was Wednesday, November 20th. This represents a $0.16 dividend on an annualized basis and a yield of 0.80%. OneSpaWorld's dividend payout ratio (DPR) is currently 32.65%.

Insider Buying and Selling at OneSpaWorld

In other OneSpaWorld news, Director Walter Field Mclallen sold 18,000 shares of the business's stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $20.40, for a total value of $367,200.00. Following the completion of the sale, the director now owns 170,917 shares of the company's stock, valued at $3,486,706.80. The trade was a 9.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Stephen Lazarus sold 65,906 shares of the firm'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 transaction of $1,219,920.06. Following the transaction, the chief financial officer now directly owns 490,675 shares in the company, valued at $9,082,394.25. This represents a 11.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 329,245 shares of company stock valued at $5,868,553 in the last three months. 5.00% of the stock is currently owned by company insiders.

OneSpaWorld 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.