State Street Corp Raises Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

State Street Corp boosted its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 3.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,148,522 shares of the company's stock after purchasing 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.

A number of other large investors also recently added to or reduced their stakes in OSW. FMR LLC lifted its holdings in shares of OneSpaWorld by 54.0% in the third quarter. FMR LLC now owns 4,137,525 shares of the company's stock worth $68,311,000 after buying an additional 1,451,283 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in OneSpaWorld by 1.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,449,472 shares of the company's stock valued at $37,647,000 after acquiring an additional 29,991 shares during the last quarter. Pinnacle Associates Ltd. lifted its stake in OneSpaWorld by 3.6% in the 3rd quarter. Pinnacle Associates Ltd. now owns 2,374,959 shares of the company's stock worth $39,211,000 after purchasing an additional 82,618 shares in the last quarter. Driehaus Capital Management LLC boosted its holdings in shares of OneSpaWorld by 6.1% during the 2nd quarter. Driehaus Capital Management LLC now owns 1,867,527 shares of the company's stock valued at $28,704,000 after purchasing an additional 106,910 shares during the last quarter. Finally, William Blair Investment Management LLC grew its position in shares of OneSpaWorld by 8.0% during the second quarter. William Blair Investment Management LLC now owns 1,588,152 shares of the company's stock valued at $24,410,000 after purchasing an additional 117,241 shares in the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

OneSpaWorld Price Performance

OneSpaWorld stock opened at $20.18 on Friday. 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 firm has a 50-day moving average price of $18.74 and a 200-day moving average price of $16.81. OneSpaWorld Holdings Limited has a 12-month low of $11.98 and a 12-month high of $20.57. The firm has a market capitalization of $2.10 billion, a PE ratio of 41.18 and a beta of 2.13.

OneSpaWorld Announces Dividend

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

Wall Street Analysts Forecast Growth

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

Insider Transactions at OneSpaWorld

In other news, Director Walter Field Mclallen sold 18,000 shares of OneSpaWorld stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $20.40, for a total value of $367,200.00. Following the sale, the director now directly owns 170,917 shares of the company's stock, valued at $3,486,706.80. The trade was a 9.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Stephen Lazarus sold 8,271 shares of the firm's stock in a transaction dated 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 transaction, the chief financial officer now directly owns 726,920 shares in the company, valued at approximately $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 have sold 337,516 shares of company stock valued at $6,007,092 in the last 90 days. 5.00% of the stock is currently owned by company insiders.

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.