OneSpaWorld (NASDAQ:OSW) Price Target Lowered to $21.00 at Stifel Nicolaus

OneSpaWorld (NASDAQ:OSW - Free Report) had its target price decreased by Stifel Nicolaus from $25.00 to $21.00 in a report released on Tuesday morning,Benzinga reports. Stifel Nicolaus currently has a buy rating on the stock.

OneSpaWorld Trading Up 3.1 %

Shares of NASDAQ:OSW traded up $0.51 during midday trading on Tuesday, hitting $17.14. The company had a trading volume of 1,419,174 shares, compared to its average volume of 681,110. The firm has a fifty day simple moving average of $18.55 and a 200 day simple moving average of $18.77. The stock has a market cap of $1.79 billion, a price-to-earnings ratio of 24.49 and a beta of 1.71. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. OneSpaWorld has a 12 month low of $11.98 and a 12 month high of $23.01.

OneSpaWorld Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th were issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date of this dividend was Wednesday, March 12th. OneSpaWorld's dividend payout ratio is currently 22.86%.

Hedge Funds Weigh In On OneSpaWorld

Several institutional investors and hedge funds have recently made changes to their positions in OSW. Raymond James Financial Inc. bought a new stake in shares of OneSpaWorld in the fourth quarter worth about $54,789,000. Vanguard Group Inc. boosted its holdings in shares of OneSpaWorld by 5.2% in the fourth quarter. Vanguard Group Inc. now owns 2,728,953 shares of the company's stock valued at $54,306,000 after buying an additional 135,923 shares during the period. Dimensional Fund Advisors LP lifted its position in OneSpaWorld by 4.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,612,894 shares of the company's stock valued at $51,997,000 after acquiring an additional 120,979 shares in the last quarter. Capital International Investors raised its stake in shares of OneSpaWorld by 17.7% in the 4th quarter. Capital International Investors now owns 2,531,129 shares of the company's stock valued at $50,369,000 after purchasing an additional 380,611 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of OneSpaWorld by 6.2% in the third quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company's stock valued at $39,869,000 after purchasing an additional 141,578 shares in the last quarter. Institutional investors and hedge funds own 95.98% of the company's stock.

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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.