Victory Capital Management Inc. Raises Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Victory Capital Management Inc. increased its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 24.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 114,940 shares of the company's stock after purchasing an additional 22,935 shares during the quarter. Victory Capital Management Inc. owned 0.11% of OneSpaWorld worth $2,287,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. FMR LLC lifted its holdings in 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 acquiring an additional 1,451,283 shares during the period. Geode Capital Management LLC lifted its stake in shares of 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 purchasing an additional 141,578 shares during the period. State Street Corp boosted its holdings 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 buying an additional 61,568 shares in the last quarter. Wellington Management Group LLP grew its position in OneSpaWorld by 21.4% during the third 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 period. Finally, New York State Common Retirement Fund increased its holdings in OneSpaWorld by 1.7% in the fourth quarter. New York State Common Retirement Fund now owns 1,142,843 shares of the company's stock valued at $22,743,000 after buying an additional 19,269 shares in the last quarter. Hedge funds and other institutional investors own 95.98% of the company's stock.

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Analyst Ratings Changes

OSW has been the topic of a number of recent analyst reports. Truist Financial increased their price target on OneSpaWorld from $17.00 to $22.00 and gave the stock a "buy" rating in a research report on Tuesday, December 3rd. Stifel Nicolaus increased their target price on OneSpaWorld from $24.00 to $25.00 and gave the company a "buy" rating in a research report on Wednesday, January 15th.

OneSpaWorld Price Performance

Shares of OSW traded down $0.03 during trading hours on Friday, hitting $17.52. 1,423,634 shares of the stock were exchanged, compared to its average volume of 599,456. The stock's 50-day moving average price is $19.80 and its two-hundred day moving average price is $18.67. OneSpaWorld Holdings Limited has a 12-month low of $11.98 and a 12-month high of $23.01. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84. The company has a market cap of $1.83 billion, a price-to-earnings ratio of 25.02 and a beta of 2.11.

OneSpaWorld Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th will be issued a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend is Wednesday, March 12th. OneSpaWorld's payout ratio is currently 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.