OneSpaWorld Holdings Limited (NASDAQ:OSW) Holdings Cut by Trexquant Investment LP

Trexquant Investment LP decreased its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 34.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 211,231 shares of the company's stock after selling 110,076 shares during the quarter. Trexquant Investment LP owned 0.20% of OneSpaWorld worth $4,203,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of OSW. FMR LLC raised its position in shares of OneSpaWorld by 54.0% in the third quarter. FMR LLC now owns 4,137,525 shares of the company's stock valued at $68,311,000 after buying an additional 1,451,283 shares during the last quarter. Vanguard Group Inc. grew its stake in OneSpaWorld by 5.2% in the 4th quarter. Vanguard Group Inc. now owns 2,728,953 shares of the company's stock worth $54,306,000 after acquiring an additional 135,923 shares during the period. Geode Capital Management LLC raised its holdings 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 lifted its stake in shares of OneSpaWorld by 3.0% during the 3rd 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% during the fourth quarter. Wellington Management Group LLP now owns 2,092,683 shares of the company's stock worth $41,644,000 after purchasing an additional 301,651 shares during the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

Separately, Stifel Nicolaus dropped their price target on OneSpaWorld from $25.00 to $21.00 and set a "buy" rating for the company in a research note on Tuesday.

OneSpaWorld Stock Performance

OneSpaWorld stock traded down $1.00 during mid-day trading on Thursday, hitting $16.64. 474,916 shares of the company's stock traded hands, compared to its average volume of 670,369. The company has a market cap of $1.74 billion, a PE ratio of 23.82 and a beta of 1.71. 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 Holdings Limited has a one year low of $11.98 and a one year high of $23.01. The firm has a 50 day moving average price of $18.72 and a 200 day moving average price of $18.77.

OneSpaWorld Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th were given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.96%. The ex-dividend date of this dividend was Wednesday, March 12th. OneSpaWorld's dividend payout ratio (DPR) 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.