Magnetar Financial LLC Purchases New Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Magnetar Financial LLC purchased a new position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 22,533 shares of the company's stock, valued at approximately $448,000.

Other hedge funds also recently modified their holdings of the company. Global Retirement Partners LLC acquired a new stake in OneSpaWorld during the 4th quarter valued at approximately $26,000. Signaturefd LLC boosted its position in OneSpaWorld by 139.9% during the fourth quarter. Signaturefd LLC now owns 1,317 shares of the company's stock valued at $26,000 after acquiring an additional 768 shares during the last quarter. USA Financial Formulas acquired a new stake in OneSpaWorld during the 4th quarter worth about $36,000. Point72 DIFC Ltd bought a new position in shares of OneSpaWorld in the 3rd quarter worth about $81,000. Finally, Smartleaf Asset Management LLC lifted its stake in shares of OneSpaWorld by 2,395.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 5,165 shares of the company's stock valued at $103,000 after purchasing an additional 4,958 shares during the period. Institutional investors and hedge funds own 95.98% of the company's stock.

OneSpaWorld Stock Down 1.1 %

NASDAQ:OSW traded down $0.20 on Tuesday, hitting $18.10. The stock had a trading volume of 385,371 shares, 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. OneSpaWorld Holdings Limited has a 52 week low of $11.98 and a 52 week high of $23.01. The business's fifty day moving average is $19.76 and its 200 day moving average is $18.74. The company has a market cap of $1.89 billion, a PE ratio of 25.83 and a beta of 2.11.

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OneSpaWorld Dividend Announcement

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

Analyst Upgrades and Downgrades

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

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.