Versor Investments LP Acquires New Stake in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Versor Investments LP acquired a new stake in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,200 shares of the company's stock, valued at approximately $449,000.

A number of other large investors have also recently bought and sold shares of OSW. ProShare Advisors LLC increased its position in shares of OneSpaWorld by 8.5% during the first quarter. ProShare Advisors LLC now owns 14,997 shares of the company's stock valued at $198,000 after buying an additional 1,181 shares during the period. Emerald Advisers LLC boosted its holdings in OneSpaWorld by 3.7% during the 3rd quarter. Emerald Advisers LLC now owns 65,498 shares of the company's stock valued at $1,081,000 after acquiring an additional 2,310 shares during the period. Principal Financial Group Inc. raised its stake in shares of OneSpaWorld by 20.9% in the second quarter. Principal Financial Group Inc. now owns 13,572 shares of the company's stock worth $209,000 after purchasing an additional 2,350 shares during the last quarter. Kings Path Partners LLC grew its holdings in OneSpaWorld by 3.2% in the third quarter. Kings Path Partners LLC now owns 77,145 shares of the company's stock valued at $1,274,000 after purchasing an additional 2,380 shares during the period. Finally, Quarry LP raised its position in OneSpaWorld by 178.9% in the second quarter. Quarry LP now owns 4,306 shares of the company's stock valued at $66,000 after purchasing an additional 2,762 shares during the period. 95.98% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Andrew R. Heyer sold 75,000 shares of the stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $18.68, for a total transaction of $1,401,000.00. Following the transaction, the director now directly owns 545,432 shares in the company, valued at approximately $10,188,669.76. This represents a 12.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Stephen Lazarus sold 65,906 shares of the firm's stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $18.51, for a total value of $1,219,920.06. Following the completion of the sale, the chief financial officer now directly owns 490,675 shares in the company, valued at approximately $9,082,394.25. This trade represents a 11.84 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 319,810 shares of company stock valued at $5,644,816. 5.00% of the stock is owned by insiders.

OneSpaWorld Stock Down 0.7 %

NASDAQ OSW traded down $0.13 on Friday, hitting $18.66. 519,734 shares of the company were exchanged, compared to its average volume of 551,485. The company has a market cap of $1.94 billion, a PE ratio of 38.00 and a beta of 2.13. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. The stock has a fifty day moving average of $17.07 and a 200-day moving average of $15.96. OneSpaWorld Holdings Limited has a 12 month low of $11.13 and a 12 month high of $19.61.

OneSpaWorld Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Wednesday, November 20th will be given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.86%. The ex-dividend date is Wednesday, November 20th. OneSpaWorld's payout ratio is 32.65%.

Wall Street Analysts Forecast Growth

Separately, TD Cowen upped their price target on OneSpaWorld from $16.00 to $19.00 and gave the stock a "buy" rating in a report on Thursday, August 1st.

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.