Madison Investment Advisors LLC Invests $7.01 Million in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Madison Investment Advisors LLC purchased a new position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 352,297 shares of the company's stock, valued at approximately $7,011,000. Madison Investment Advisors LLC owned about 0.34% of OneSpaWorld as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in OSW. Principal Financial Group Inc. lifted its holdings in OneSpaWorld by 144.2% during the third quarter. Principal Financial Group Inc. now owns 33,137 shares of the company's stock worth $547,000 after buying an additional 19,565 shares during the period. Victory Capital Management Inc. lifted its position in shares of OneSpaWorld by 55.6% during the third quarter. Victory Capital Management Inc. now owns 92,005 shares of the company's stock valued at $1,519,000 after buying an additional 32,888 shares during the last quarter. Moran Wealth Management LLC boosted its holdings in shares of OneSpaWorld by 34.8% in the 3rd quarter. Moran Wealth Management LLC now owns 35,219 shares of the company's stock valued at $581,000 after buying an additional 9,096 shares in the last quarter. Intech Investment Management LLC purchased a new position in shares of OneSpaWorld in the 3rd quarter worth approximately $285,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in OneSpaWorld by 12.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 852,946 shares of the company's stock worth $14,082,000 after purchasing an additional 92,085 shares during the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on OSW shares. Truist Financial increased their price target on OneSpaWorld from $17.00 to $22.00 and gave the company a "buy" rating in a research note on Tuesday, December 3rd. Stifel Nicolaus increased their price objective on shares of OneSpaWorld from $24.00 to $25.00 and gave the company a "buy" rating in a research report on Wednesday, January 15th.

OneSpaWorld Stock Performance

Shares of OneSpaWorld stock traded down $0.16 on Tuesday, reaching $18.14. 969,898 shares of the stock were exchanged, compared to its average volume of 598,277. The business has a 50 day moving average price of $19.75 and a two-hundred day moving average price of $18.76. The firm has a market capitalization of $1.90 billion, a price-to-earnings ratio of 25.91 and a beta of 2.11. OneSpaWorld Holdings Limited has a twelve month low of $11.98 and a twelve month high of $23.01. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18.

OneSpaWorld Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th will be given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.88%. The ex-dividend date is Wednesday, March 12th. OneSpaWorld's dividend payout ratio is currently 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.