State Street Corp Purchases 61,568 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

State Street Corp lifted its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 3.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,148,522 shares of the company's stock after buying an additional 61,568 shares during the quarter. State Street Corp owned about 2.07% of OneSpaWorld worth $35,472,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Quarry LP increased its position in shares of OneSpaWorld by 178.9% during the second quarter. Quarry LP now owns 4,306 shares of the company's stock valued at $66,000 after buying an additional 2,762 shares during the period. Point72 DIFC Ltd purchased a new stake in OneSpaWorld in the 3rd quarter worth approximately $81,000. Allspring Global Investments Holdings LLC grew its position in shares of OneSpaWorld by 13,242.4% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 11,341 shares of the company's stock valued at $174,000 after purchasing an additional 11,256 shares in the last quarter. Glenmede Trust Co. NA bought a new position in shares of OneSpaWorld in the third quarter worth $210,000. Finally, Morse Asset Management Inc purchased a new stake in shares of OneSpaWorld in the second quarter worth $200,000. 95.98% of the stock is owned by institutional investors.

OneSpaWorld Price Performance

Shares of OneSpaWorld stock traded up $0.43 on Friday, hitting $20.18. 1,115,430 shares of the company traded hands, compared to its average volume of 547,755. OneSpaWorld Holdings Limited has a 12-month low of $11.98 and a 12-month high of $20.57. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. The company has a market cap of $2.10 billion, a P/E ratio of 41.18 and a beta of 2.13. The firm's 50-day simple moving average is $18.74 and its 200 day simple moving average is $16.81.

OneSpaWorld Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Wednesday, November 20th were given a dividend of $0.04 per share. The ex-dividend date was Wednesday, November 20th. This represents a $0.16 dividend on an annualized basis and a yield of 0.79%. OneSpaWorld's payout ratio is 32.65%.

Analysts Set New Price Targets

Separately, Truist Financial boosted their target price on OneSpaWorld from $17.00 to $22.00 and gave the stock a "buy" rating in a research report on Tuesday, December 3rd.

Insiders Place Their Bets

In related news, Director Andrew R. Heyer sold 75,000 shares of OneSpaWorld stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $18.68, for a total value of $1,401,000.00. Following the transaction, the director now owns 545,432 shares in the company, valued at $10,188,669.76. This trade represents a 12.09 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Stephen Lazarus sold 8,271 shares of the business's stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $16.75, for a total transaction of $138,539.25. Following the completion of the sale, the chief financial officer now directly owns 726,920 shares of the company's stock, valued at $12,175,910. This represents a 1.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 337,516 shares of company stock valued at $6,007,092 over the last 90 days. Insiders own 5.00% of the company's stock.

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.