Connor Clark & Lunn Investment Management Ltd. Raises Stake in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Connor Clark & Lunn Investment Management Ltd. boosted its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 33.8% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 206,286 shares of the company's stock after buying an additional 52,055 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned 0.20% of OneSpaWorld worth $4,105,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Moran Wealth Management LLC boosted its position in shares of OneSpaWorld by 5.0% during the fourth quarter. Moran Wealth Management LLC now owns 36,986 shares of the company's stock worth $736,000 after acquiring an additional 1,767 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of OneSpaWorld by 76.5% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 135,446 shares of the company's stock worth $2,695,000 after buying an additional 58,695 shares in the last quarter. Raymond James Financial Inc. bought a new position in OneSpaWorld during the fourth quarter valued at approximately $13,819,000. Victory Capital Management Inc. grew its holdings in OneSpaWorld by 24.9% during the 4th quarter. Victory Capital Management Inc. now owns 114,940 shares of the company's stock valued at $2,287,000 after buying an additional 22,935 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in OneSpaWorld by 0.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 856,566 shares of the company's stock valued at $17,046,000 after buying an additional 3,620 shares in the last quarter. 95.98% of the stock is owned by institutional investors.

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OneSpaWorld Trading Up 0.1 %

Shares of OneSpaWorld stock traded up $0.02 on Thursday, reaching $17.55. The company had a trading volume of 1,179,037 shares, compared to its average volume of 579,678. The firm has a market cap of $1.84 billion, a price-to-earnings ratio of 25.07 and a beta of 2.11. 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 firm's 50-day moving average price is $19.83 and its two-hundred day moving average price is $18.68. OneSpaWorld Holdings Limited has a 1 year low of $11.98 and a 1 year high of $23.01.

OneSpaWorld Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.91%. OneSpaWorld's dividend payout ratio is presently 22.86%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on OSW shares. Truist Financial upped their price objective on OneSpaWorld from $17.00 to $22.00 and gave the stock a "buy" rating in a report 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 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.