Teacher Retirement System of Texas Increases Stake in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Teacher Retirement System of Texas boosted its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 877.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 452,578 shares of the company's stock after buying 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 filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of OSW. FMR LLC boosted its position 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 in the last quarter. Geode Capital Management LLC grew its stake in OneSpaWorld by 6.2% in the 3rd quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company's stock valued at $39,869,000 after acquiring an additional 141,578 shares during the last quarter. State Street Corp increased its holdings in OneSpaWorld by 3.0% during the 3rd quarter. State Street Corp now owns 2,148,522 shares of the company's stock valued at $35,472,000 after acquiring an additional 61,568 shares in the last quarter. William Blair Investment Management LLC raised its position in OneSpaWorld by 6.1% during the fourth quarter. William Blair Investment Management LLC now owns 1,802,099 shares of the company's stock worth $35,862,000 after acquiring an additional 103,799 shares during the last quarter. Finally, Wellington Management Group LLP lifted its holdings in shares of 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 purchasing an additional 316,207 shares in the last quarter. 95.98% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Stifel Nicolaus raised their price objective 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. Truist Financial boosted their price target on OneSpaWorld from $17.00 to $22.00 and gave the stock a "buy" rating in a report on Tuesday, December 3rd.

OneSpaWorld Trading Down 1.1 %

Shares of OSW traded down $0.20 on Tuesday, hitting $18.10. 385,371 shares of the stock traded hands, compared to its average volume of 597,105. OneSpaWorld Holdings Limited has a 1 year low of $11.98 and a 1 year high of $23.01. The stock's 50 day moving average is $19.76 and its two-hundred day moving average is $18.74. The firm has a market capitalization of $1.89 billion, a P/E ratio of 25.83 and a beta of 2.11. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18.

OneSpaWorld Dividend Announcement

The firm 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 dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend is Wednesday, March 12th. OneSpaWorld's dividend payout ratio is presently 22.86%.

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.