New York State Common Retirement Fund Sells 57,297 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

New York State Common Retirement Fund reduced its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 4.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,123,574 shares of the company's stock after selling 57,297 shares during the period. New York State Common Retirement Fund owned approximately 1.12% of OneSpaWorld worth $18,550,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Pinnacle Associates Ltd. increased its stake in shares of OneSpaWorld by 3.6% in the 3rd quarter. Pinnacle Associates Ltd. now owns 2,374,959 shares of the company's stock valued at $39,211,000 after purchasing an additional 82,618 shares during the last quarter. Semanteon Capital Management LP grew its position in shares of OneSpaWorld by 66.9% in the 3rd quarter. Semanteon Capital Management LP now owns 65,080 shares of the company's stock valued at $1,074,000 after buying an additional 26,084 shares during the last quarter. Creative Planning grew its position in shares of OneSpaWorld by 5.8% in the 3rd quarter. Creative Planning now owns 74,409 shares of the company's stock valued at $1,228,000 after buying an additional 4,071 shares during the last quarter. Kings Path Partners LLC raised its position in shares of OneSpaWorld by 3.2% in the 3rd quarter. Kings Path Partners LLC now owns 77,145 shares of the company's stock worth $1,274,000 after acquiring an additional 2,380 shares in the last quarter. Finally, Quarry LP increased its holdings in OneSpaWorld by 178.9% in the second quarter. Quarry LP now owns 4,306 shares of the company's stock worth $66,000 after purchasing an additional 2,762 shares in the last quarter. 95.98% of the stock is owned by institutional investors and hedge funds.

OneSpaWorld Trading Up 3.3 %

Shares of NASDAQ OSW traded up $0.57 during midday trading on Tuesday, hitting $18.08. 739,941 shares of the company traded hands, compared to its average volume of 543,448. OneSpaWorld Holdings Limited has a 12-month low of $10.75 and a 12-month high of $18.73. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.49 and a current ratio of 2.03. The stock has a 50-day moving average price of $16.54 and a 200 day moving average price of $15.64. The firm has a market cap of $1.89 billion, a P/E ratio of 36.90 and a beta of 2.13.

OneSpaWorld Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Wednesday, November 20th will be issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date is Wednesday, November 20th. OneSpaWorld's dividend payout ratio (DPR) is presently 32.65%.

Insiders Place Their Bets

In other news, CFO Stephen Lazarus sold 8,271 shares of the company's stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $16.75, for a total value of $138,539.25. Following the transaction, the chief financial officer now owns 726,920 shares in the company, valued at approximately $12,175,910. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Over the last quarter, insiders have sold 244,810 shares of company stock worth $4,243,816. 5.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Separately, TD Cowen raised their price target on shares of OneSpaWorld from $16.00 to $19.00 and gave the stock a "buy" rating in a research note on Thursday, August 1st.

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.