Stifel Financial Corp Trims Stock Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Stifel Financial Corp lowered its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 6.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 357,579 shares of the company's stock after selling 26,088 shares during the quarter. Stifel Financial Corp owned approximately 0.34% of OneSpaWorld worth $5,904,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Quarry LP boosted its stake in OneSpaWorld by 178.9% during the 2nd quarter. Quarry LP now owns 4,306 shares of the company's stock worth $66,000 after acquiring an additional 2,762 shares during the last quarter. Point72 DIFC Ltd acquired a new position in shares of OneSpaWorld in the third quarter valued at about $81,000. Allspring Global Investments Holdings LLC grew its stake in shares of OneSpaWorld by 13,242.4% in the second quarter. Allspring Global Investments Holdings LLC now owns 11,341 shares of the company's stock valued at $174,000 after acquiring an additional 11,256 shares in the last quarter. Morse Asset Management Inc bought a new stake in OneSpaWorld during the second quarter worth about $200,000. Finally, Principal Financial Group Inc. lifted its holdings in shares of OneSpaWorld by 20.9% in the second quarter. Principal Financial Group Inc. now owns 13,572 shares of the company's stock worth $209,000 after acquiring an additional 2,350 shares during the last quarter. Institutional investors own 95.98% of the company's stock.

OneSpaWorld Stock Down 0.2 %

NASDAQ OSW traded down $0.05 during mid-day trading on Friday, hitting $20.21. The company's stock had a trading volume of 353,515 shares, compared to its average volume of 543,455. The company's 50 day simple moving average is $18.43 and its 200 day simple moving average is $16.66. OneSpaWorld Holdings Limited has a twelve month low of $11.98 and a twelve month high of $20.48. 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 market capitalization of $2.10 billion, a price-to-earnings ratio of 41.24 and a beta of 2.13.

OneSpaWorld Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Wednesday, November 20th were paid 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 (DPR) is presently 32.65%.

Insider Buying and Selling at OneSpaWorld

In other OneSpaWorld news, CFO Stephen Lazarus sold 170,339 shares of OneSpaWorld stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $16.91, for a total transaction of $2,880,432.49. Following the completion of the transaction, the chief financial officer now owns 556,581 shares of the company's stock, valued at $9,411,784.71. The trade was a 23.43 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Andrew R. Heyer sold 75,000 shares of OneSpaWorld stock in a transaction dated 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 directly owns 545,432 shares of the company's stock, valued at $10,188,669.76. The trade was a 12.09 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 319,810 shares of company stock worth $5,644,816. Corporate insiders own 5.00% of the company's stock.

Wall Street Analyst Weigh In

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

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.