Teacher Retirement System of Texas Buys 406,298 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Teacher Retirement System of Texas grew its position in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 877.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 452,578 shares of the company's stock after acquiring an additional 406,298 shares during the quarter. Teacher Retirement System of Texas owned 0.44% of OneSpaWorld worth $9,006,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of OSW. FMR LLC lifted its stake in OneSpaWorld by 54.0% during the third quarter. FMR LLC now owns 4,137,525 shares of the company's stock worth $68,311,000 after purchasing an additional 1,451,283 shares during the period. Raymond James Financial Inc. bought a new position in shares of OneSpaWorld during the fourth quarter valued at $13,819,000. Public Employees Retirement System of Ohio bought a new stake in shares of OneSpaWorld in the 3rd quarter worth about $9,267,000. Madison Investment Advisors LLC acquired a new stake in shares of OneSpaWorld during the 4th quarter worth about $7,011,000. Finally, Wellington Management Group LLP boosted its position in OneSpaWorld by 21.4% in the third quarter. Wellington Management Group LLP now owns 1,791,032 shares of the company's stock valued at $29,570,000 after buying an additional 316,207 shares in the last quarter. Institutional investors and hedge funds own 95.98% of the company's stock.

OneSpaWorld Trading Down 2.8 %

NASDAQ:OSW traded down $0.51 during trading hours on Thursday, hitting $17.59. 1,095,204 shares of the stock were exchanged, compared to its average volume of 604,326. The company's 50 day moving average is $19.73 and its two-hundred day moving average is $18.76. The company has a market capitalization of $1.84 billion, a P/E ratio of 25.13 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. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18.

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OneSpaWorld Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th were issued a dividend of $0.04 per share. The ex-dividend date was Wednesday, March 12th. This represents a $0.16 annualized dividend and a yield of 0.91%. OneSpaWorld's dividend payout ratio is currently 22.86%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Stifel Nicolaus lifted their target price on shares of OneSpaWorld from $24.00 to $25.00 and gave the company a "buy" rating in a research note on Wednesday, January 15th. 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.

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.