Royce & Associates LP Increases Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Royce & Associates LP grew its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 35.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 188,000 shares of the company's stock after acquiring an additional 49,000 shares during the period. Royce & Associates LP owned about 0.18% of OneSpaWorld worth $3,741,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Global Retirement Partners LLC bought a new stake in shares of OneSpaWorld during the 4th quarter valued at $26,000. USA Financial Formulas bought a new position in OneSpaWorld in the 4th quarter worth $36,000. Point72 DIFC Ltd bought a new position in OneSpaWorld in the 3rd quarter worth $81,000. Smartleaf Asset Management LLC boosted its holdings in OneSpaWorld by 2,395.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 5,165 shares of the company's stock worth $103,000 after buying an additional 4,958 shares during the period. Finally, KBC Group NV bought a new position in OneSpaWorld in the 4th quarter worth $121,000. Institutional investors own 95.98% of the company's stock.

OneSpaWorld Price Performance

OSW stock traded down $0.05 during mid-day trading on Friday, hitting $17.50. The company had a trading volume of 5,459,117 shares, compared to its average volume of 595,515. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of 25.00 and a beta of 2.11. OneSpaWorld Holdings Limited has a 12-month low of $11.98 and a 12-month high of $23.01. 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 company has a 50-day moving average price of $19.77 and a 200 day moving average price of $18.70.

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OneSpaWorld Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th will be paid a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.91%. The ex-dividend date is Wednesday, March 12th. OneSpaWorld's payout ratio is currently 22.86%.

Analyst Upgrades and Downgrades

OSW has been the subject of several recent analyst reports. Truist Financial upped their target price on shares of OneSpaWorld from $17.00 to $22.00 and gave the stock a "buy" rating in a report on Tuesday, December 3rd. Stifel Nicolaus boosted their price target on shares of OneSpaWorld from $24.00 to $25.00 and gave the stock a "buy" rating in a research note on Wednesday, January 15th.

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.