Ranger Investment Management L.P. Cuts Stake in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Ranger Investment Management L.P. trimmed its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 2.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,678,570 shares of the company's stock after selling 53,450 shares during the quarter. OneSpaWorld makes up 3.4% of Ranger Investment Management L.P.'s investment portfolio, making the stock its 5th largest position. Ranger Investment Management L.P. owned approximately 2.58% of OneSpaWorld worth $53,304,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Global Retirement Partners LLC purchased a new position in OneSpaWorld during the 4th quarter valued at $26,000. Signaturefd LLC raised its position in shares of OneSpaWorld by 139.9% in the 4th quarter. Signaturefd LLC now owns 1,317 shares of the company's stock worth $26,000 after purchasing an additional 768 shares during the last quarter. USA Financial Formulas purchased a new stake in shares of OneSpaWorld during the fourth quarter valued at approximately $36,000. Smartleaf Asset Management LLC lifted its position in OneSpaWorld by 2,395.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 5,165 shares of the company's stock valued at $103,000 after acquiring an additional 4,958 shares in the last quarter. Finally, KBC Group NV bought a new stake in shares of OneSpaWorld in the 4th quarter worth $121,000. 95.98% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Stifel Nicolaus reduced their price target on shares of OneSpaWorld from $25.00 to $21.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th.

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OneSpaWorld Trading Down 1.3 %

OSW traded down $0.22 on Monday, hitting $16.92. The company had a trading volume of 238,673 shares, compared to its average volume of 680,907. The company has a market cap of $1.77 billion, a PE ratio of 24.17 and a beta of 1.71. OneSpaWorld Holdings Limited has a 12-month low of $11.98 and a 12-month high of $23.01. The business's fifty day simple moving average is $18.55 and its 200 day simple moving average is $18.79. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18.

OneSpaWorld Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th were given a $0.04 dividend. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $0.16 dividend on an annualized basis and a yield of 0.95%. OneSpaWorld's dividend payout ratio is presently 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.