OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Walter Field Mclallen Sells 18,000 Shares

OneSpaWorld Holdings Limited (NASDAQ:OSW - Get Free Report) Director Walter Field Mclallen sold 18,000 shares of the company's stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $20.40, for a total transaction of $367,200.00. Following the completion of the sale, the director now directly 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 sale was disclosed in a filing with the SEC, which is accessible through this link.

OneSpaWorld Stock Up 0.2 %

Shares of OSW traded up $0.05 during mid-day trading on Monday, hitting $20.26. 969,881 shares of the company's stock were exchanged, compared to its average volume of 545,218. The company has a 50-day simple moving average of $18.43 and a 200 day simple moving average of $16.67. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29. The company has a market cap of $2.11 billion, a PE ratio of 41.24 and a beta of 2.13. OneSpaWorld Holdings Limited has a 52 week low of $11.98 and a 52 week high of $20.57.

OneSpaWorld Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 20th were paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.79%. OneSpaWorld's dividend payout ratio is 32.65%.

Analysts Set New Price Targets

Separately, Truist Financial boosted their price objective 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.

Institutional Trading of OneSpaWorld

Hedge funds and other institutional investors have recently modified their holdings of the stock. Morse Asset Management Inc increased its position in OneSpaWorld by 8.1% during the third quarter. Morse Asset Management Inc now owns 14,050 shares of the company's stock worth $232,000 after buying an additional 1,050 shares during the last quarter. Zacks Investment Management raised its position in shares of OneSpaWorld by 13.3% in the third quarter. Zacks Investment Management now owns 16,052 shares of the company's stock valued at $265,000 after purchasing an additional 1,881 shares during the period. Emerald Advisers LLC lifted its stake in shares of OneSpaWorld by 3.7% during the 3rd quarter. Emerald Advisers LLC now owns 65,498 shares of the company's stock worth $1,081,000 after buying an additional 2,310 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of OneSpaWorld by 20.9% during the 2nd quarter. Principal Financial Group Inc. now owns 13,572 shares of the company's stock worth $209,000 after buying an additional 2,350 shares during the period. Finally, Kings Path Partners LLC raised its holdings in OneSpaWorld by 3.2% in the 3rd quarter. Kings Path Partners LLC now owns 77,145 shares of the company's stock valued at $1,274,000 after acquiring an additional 2,380 shares during the period. Institutional investors and hedge funds own 95.98% of the company's stock.

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.