HighTower Advisors LLC Sells 63,783 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

HighTower Advisors LLC cut its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 30.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 143,733 shares of the company's stock after selling 63,783 shares during the period. HighTower Advisors LLC owned approximately 0.14% of OneSpaWorld worth $2,860,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. FMR LLC raised its position in shares of OneSpaWorld by 54.0% during the 3rd quarter. FMR LLC now owns 4,137,525 shares of the company's stock valued at $68,311,000 after buying an additional 1,451,283 shares in the last quarter. Geode Capital Management LLC raised its position in OneSpaWorld by 6.2% during the third quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company's stock valued at $39,869,000 after purchasing an additional 141,578 shares during the period. State Street Corp lifted its stake in shares of OneSpaWorld by 3.0% in the 3rd quarter. State Street Corp now owns 2,148,522 shares of the company's stock valued at $35,472,000 after purchasing an additional 61,568 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of OneSpaWorld by 21.4% in the 3rd quarter. Wellington Management Group LLP now owns 1,791,032 shares of the company's stock valued at $29,570,000 after purchasing an additional 316,207 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its holdings in shares of OneSpaWorld by 1.7% in the 4th quarter. New York State Common Retirement Fund now owns 1,142,843 shares of the company's stock worth $22,743,000 after purchasing an additional 19,269 shares during the period. Institutional investors own 95.98% of the company's stock.

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Wall Street Analysts Forecast Growth

OSW has been the subject of a number of analyst reports. Stifel Nicolaus raised their price target on OneSpaWorld from $24.00 to $25.00 and gave the stock a "buy" rating in a research report on Wednesday, January 15th. Truist Financial lifted their price target on shares of OneSpaWorld from $17.00 to $22.00 and gave the stock a "buy" rating in a research note on Tuesday, December 3rd.

OneSpaWorld Trading Down 0.9 %

OSW traded down $0.16 during trading hours on Tuesday, reaching $18.14. 969,898 shares of the company's stock traded hands, compared to its average volume of 597,105. 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 firm has a 50-day moving average price of $19.76 and a 200 day moving average price of $18.74. OneSpaWorld Holdings Limited has a 52-week low of $11.98 and a 52-week high of $23.01. The firm has a market capitalization of $1.90 billion, a PE ratio of 25.91 and a beta of 2.11.

OneSpaWorld Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend is Wednesday, March 12th. OneSpaWorld's payout ratio is presently 22.86%.

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.