OneSpaWorld Holdings Limited (NASDAQ:OSW) Shares Purchased by Picton Mahoney Asset Management

Picton Mahoney Asset Management lifted its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 72.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 411,490 shares of the company's stock after buying an additional 172,603 shares during the period. Picton Mahoney Asset Management owned approximately 0.40% of OneSpaWorld worth $8,189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Morse Asset Management Inc increased its holdings in OneSpaWorld by 8.1% in the 3rd quarter. Morse Asset Management Inc now owns 14,050 shares of the company's stock valued at $232,000 after purchasing an additional 1,050 shares during the last quarter. Sheets Smith Wealth Management increased its holdings in OneSpaWorld by 3.3% in the 4th quarter. Sheets Smith Wealth Management now owns 32,952 shares of the company's stock valued at $656,000 after purchasing an additional 1,050 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in OneSpaWorld in the 4th quarter valued at approximately $26,000. Swiss National Bank increased its holdings in OneSpaWorld by 0.7% in the 4th quarter. Swiss National Bank now owns 195,700 shares of the company's stock valued at $3,894,000 after purchasing an additional 1,400 shares during the last quarter. Finally, Moran Wealth Management LLC increased its holdings in OneSpaWorld by 5.0% in the 4th quarter. Moran Wealth Management LLC now owns 36,986 shares of the company's stock valued at $736,000 after purchasing an additional 1,767 shares during the last quarter. Institutional investors and hedge funds own 95.98% of the company's stock.

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Analysts Set New Price Targets

Several equities analysts have commented on OSW shares. Truist Financial raised their price target 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. Stifel Nicolaus raised their price target 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 Stock Up 4.7 %

Shares of OneSpaWorld stock traded up $0.78 during trading on Wednesday, hitting $17.53. 1,257,640 shares of the stock were exchanged, compared to its average volume of 578,428. The stock has a market cap of $1.83 billion, a price-to-earnings ratio of 25.04 and a beta of 2.11. The firm's 50-day moving average price is $19.86 and its 200 day moving average price is $18.68. OneSpaWorld Holdings Limited has a 12-month low of $11.98 and a 12-month high of $23.01. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29.

OneSpaWorld Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be given a dividend of $0.04 per share. The ex-dividend date is Wednesday, March 12th. This represents a $0.16 annualized dividend and a dividend yield of 0.91%. OneSpaWorld's dividend payout ratio (DPR) is currently 22.86%.

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.