Raymond James Financial Inc. Invests $13.82 Million in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Raymond James Financial Inc. acquired a new stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 694,441 shares of the company's stock, valued at approximately $13,819,000. Raymond James Financial Inc. owned 0.67% of OneSpaWorld as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in OSW. FMR LLC lifted its holdings in shares of OneSpaWorld by 54.0% during the third quarter. FMR LLC now owns 4,137,525 shares of the company's stock valued at $68,311,000 after acquiring an additional 1,451,283 shares during the period. Public Employees Retirement System of Ohio bought a new position in shares of OneSpaWorld during the third quarter valued at $9,267,000. Wellington Management Group LLP lifted its holdings 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 acquiring an additional 316,207 shares during the period. Algert Global LLC increased its stake in shares of OneSpaWorld by 1,072.8% in the third quarter. Algert Global LLC now owns 293,325 shares of the company's stock valued at $4,843,000 after buying an additional 268,315 shares in the last quarter. Finally, Lord Abbett & CO. LLC increased its stake in shares of OneSpaWorld by 53.5% in the third quarter. Lord Abbett & CO. LLC now owns 615,730 shares of the company's stock valued at $10,166,000 after buying an additional 214,557 shares in the last quarter. 95.98% of the stock is owned by institutional investors.

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Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Truist Financial raised their target price on OneSpaWorld from $17.00 to $22.00 and gave the company a "buy" rating in a research note on Tuesday, December 3rd. Stifel Nicolaus raised their target price on OneSpaWorld from $24.00 to $25.00 and gave the company a "buy" rating in a research note on Wednesday, January 15th.

OneSpaWorld Trading Down 0.3 %

OSW stock traded down $0.05 during midday trading on Friday, reaching $17.50. The stock had a trading volume of 5,459,117 shares, compared to its average volume of 595,515. The business has a fifty day simple moving average of $19.77 and a two-hundred day simple moving average of $18.70. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18. The firm has a market cap of $1.83 billion, a price-to-earnings ratio of 25.00 and a beta of 2.11. OneSpaWorld Holdings Limited has a twelve month low of $11.98 and a twelve month high of $23.01.

OneSpaWorld Announces Dividend

The business also recently announced 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 of this dividend is Wednesday, March 12th. This represents a $0.16 annualized dividend and a dividend yield of 0.91%. OneSpaWorld's payout ratio is currently 22.86%.

OneSpaWorld 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.