Townsquare Capital LLC Trims Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Townsquare Capital LLC reduced its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 8.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 211,763 shares of the company's stock after selling 19,578 shares during the period. Townsquare Capital LLC owned 0.20% of OneSpaWorld worth $4,214,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of OneSpaWorld during the 4th quarter valued at about $54,789,000. Vanguard Group Inc. increased its position in OneSpaWorld by 5.2% during the fourth quarter. Vanguard Group Inc. now owns 2,728,953 shares of the company's stock worth $54,306,000 after purchasing an additional 135,923 shares during the last quarter. Geode Capital Management LLC increased its position in OneSpaWorld by 6.2% during the third quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company's stock worth $39,869,000 after purchasing an additional 141,578 shares during the last quarter. State Street Corp raised its stake in OneSpaWorld by 3.0% during the third quarter. State Street Corp now owns 2,148,522 shares of the company's stock worth $35,472,000 after purchasing an additional 61,568 shares during the period. Finally, Wellington Management Group LLP boosted its holdings in shares of OneSpaWorld by 16.8% in the 4th quarter. Wellington Management Group LLP now owns 2,092,683 shares of the company's stock valued at $41,644,000 after purchasing an additional 301,651 shares during the last quarter. Hedge funds and other institutional investors own 95.98% of the company's stock.

Analysts Set New Price Targets

Separately, Stifel Nicolaus cut their target price on OneSpaWorld from $25.00 to $21.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th.

OneSpaWorld Stock Up 0.2 %

Shares of NASDAQ:OSW traded up $0.04 during midday trading on Friday, hitting $16.94. 480,218 shares of the company's stock traded hands, compared to its average volume of 687,701. The firm's fifty day moving average price is $18.07 and its two-hundred day moving average price is $18.79. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84. OneSpaWorld Holdings Limited has a twelve month low of $12.11 and a twelve month high of $23.01. The company has a market cap of $1.77 billion, a PE ratio of 24.20 and a beta of 1.71.

OneSpaWorld Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th were given a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.94%. The ex-dividend date was Wednesday, March 12th. OneSpaWorld's payout ratio is 22.86%.

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.