Quantum Private Wealth LLC Reduces Stake in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Quantum Private Wealth LLC cut its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 48.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,334 shares of the company's stock after selling 22,816 shares during the quarter. Quantum Private Wealth LLC's holdings in OneSpaWorld were worth $484,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FMR LLC boosted its holdings in shares of OneSpaWorld by 54.0% during the 3rd quarter. FMR LLC now owns 4,137,525 shares of the company's stock valued at $68,311,000 after buying an additional 1,451,283 shares in the last quarter. Geode Capital Management LLC lifted its position in OneSpaWorld by 6.2% during the 3rd quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company's stock valued at $39,869,000 after acquiring an additional 141,578 shares during the period. Pinnacle Associates Ltd. boosted its stake in OneSpaWorld by 3.6% during the third quarter. Pinnacle Associates Ltd. now owns 2,374,959 shares of the company's stock worth $39,211,000 after acquiring an additional 82,618 shares in the last quarter. State Street Corp grew its holdings in OneSpaWorld by 3.0% in the third quarter. State Street Corp now owns 2,148,522 shares of the company's stock worth $35,472,000 after purchasing an additional 61,568 shares during the period. Finally, Wellington Management Group LLP increased its stake in shares of OneSpaWorld by 21.4% during the third quarter. Wellington Management Group LLP now owns 1,791,032 shares of the company's stock valued at $29,570,000 after purchasing an additional 316,207 shares in the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on OSW. Truist Financial upped their price target on OneSpaWorld from $17.00 to $22.00 and gave the stock a "buy" rating in a research note on Tuesday, December 3rd. Stifel Nicolaus increased their target price on OneSpaWorld from $24.00 to $25.00 and gave the stock a "buy" rating in a research note on Wednesday, January 15th.

Insider Transactions at OneSpaWorld

In other news, Director Walter Field Mclallen sold 18,000 shares of the firm's stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $20.40, for a total transaction of $367,200.00. Following the sale, the director now owns 170,917 shares of the company's stock, valued at $3,486,706.80. This trade represents a 9.53 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 5.00% of the company's stock.

OneSpaWorld Stock Up 0.6 %

Shares of OSW traded up $0.14 on Wednesday, hitting $22.98. 2,526,553 shares of the stock traded hands, compared to its average volume of 617,846. The company has a market capitalization of $2.39 billion, a PE ratio of 46.90 and a beta of 2.10. OneSpaWorld Holdings Limited has a one year low of $11.98 and a one year high of $23.01. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84. The business has a 50 day simple moving average of $20.48 and a 200 day simple moving average of $18.27.

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.