Vanguard Group Inc. Grows Stock Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Vanguard Group Inc. lifted its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 5.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,728,953 shares of the company's stock after buying an additional 135,923 shares during the quarter. Vanguard Group Inc. owned approximately 2.62% of OneSpaWorld worth $54,306,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in OSW. Raymond James Financial Inc. purchased a new stake in OneSpaWorld during the fourth quarter worth approximately $13,819,000. Public Employees Retirement System of Ohio purchased a new stake in shares of OneSpaWorld during the 3rd quarter worth approximately $9,267,000. Teacher Retirement System of Texas lifted its position in shares of OneSpaWorld by 877.9% during the 4th quarter. Teacher Retirement System of Texas now owns 452,578 shares of the company's stock worth $9,006,000 after buying an additional 406,298 shares during the last quarter. Madison Investment Advisors LLC acquired a new position in shares of OneSpaWorld in the 4th quarter valued at $7,011,000. Finally, Wellington Management Group LLP grew its position in shares of OneSpaWorld by 21.4% in the 3rd 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 during the last quarter. 95.98% of the stock is currently owned by hedge funds and other institutional investors.

OneSpaWorld Stock Performance

Shares of OneSpaWorld stock traded down $0.23 during trading on Tuesday, reaching $16.98. The company's stock had a trading volume of 581,850 shares, compared to its average volume of 682,804. The company has a 50-day moving average price of $18.46 and a two-hundred day moving average price of $18.79. OneSpaWorld Holdings Limited has a fifty-two week low of $11.98 and a fifty-two week high of $23.01. The firm has a market cap of $1.78 billion, a PE ratio of 24.26 and a beta of 1.71. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18.

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OneSpaWorld Announces Dividend

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

Wall Street Analyst Weigh In

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.

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.