Wellington Management Group LLP Grows Stock Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Wellington Management Group LLP lifted its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 21.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,791,032 shares of the company's stock after purchasing an additional 316,207 shares during the period. Wellington Management Group LLP owned about 1.72% of OneSpaWorld worth $29,570,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in OSW. Quarry LP grew its holdings in shares of OneSpaWorld by 178.9% during the 2nd quarter. Quarry LP now owns 4,306 shares of the company's stock valued at $66,000 after purchasing an additional 2,762 shares during the last quarter. Point72 DIFC Ltd bought a new position in shares of OneSpaWorld during the 3rd quarter valued at $81,000. Allspring Global Investments Holdings LLC grew its holdings in shares of OneSpaWorld by 13,242.4% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 11,341 shares of the company's stock valued at $174,000 after purchasing an additional 11,256 shares during the last quarter. Morse Asset Management Inc bought a new position in shares of OneSpaWorld during the 2nd quarter valued at $200,000. Finally, Principal Financial Group Inc. grew 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 valued at $209,000 after purchasing an additional 2,350 shares during the last quarter. Institutional investors own 95.98% of the company's stock.

Wall Street Analyst Weigh In

Separately, Truist Financial raised their price target on shares of OneSpaWorld from $17.00 to $22.00 and gave the stock a "buy" rating in a report on Tuesday, December 3rd.

Insider Transactions at OneSpaWorld

In related news, Director Andrew R. Heyer sold 75,000 shares of OneSpaWorld stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $18.68, for a total transaction of $1,401,000.00. Following the completion of the transaction, the director now directly owns 545,432 shares of the company's stock, valued at $10,188,669.76. This trade represents a 12.09 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Stephen Lazarus sold 8,271 shares of OneSpaWorld stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $16.75, for a total transaction of $138,539.25. Following the transaction, the chief financial officer now directly owns 726,920 shares of the company's stock, valued at approximately $12,175,910. This trade represents a 1.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 319,810 shares of company stock valued at $5,644,816. Company insiders own 5.00% of the company's stock.

OneSpaWorld Trading Down 0.5 %

OneSpaWorld stock traded down $0.11 during trading hours on Friday, reaching $20.15. The stock had a trading volume of 146,998 shares, compared to its average volume of 542,575. The stock has a market cap of $2.10 billion, a PE ratio of 41.00 and a beta of 2.13. OneSpaWorld Holdings Limited has a 52 week low of $11.98 and a 52 week high of $20.48. 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 fifty day simple moving average of $18.36 and a 200-day simple moving average of $16.61.

OneSpaWorld Dividend Announcement

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

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.