Victory Capital Management Inc. Acquires 32,888 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Victory Capital Management Inc. boosted its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 55.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 92,005 shares of the company's stock after acquiring an additional 32,888 shares during the period. Victory Capital Management Inc. owned 0.09% of OneSpaWorld worth $1,519,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Quarry LP raised its position in shares of OneSpaWorld by 178.9% in the 2nd quarter. Quarry LP now owns 4,306 shares of the company's stock valued at $66,000 after acquiring an additional 2,762 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in shares of OneSpaWorld by 13,242.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 11,341 shares of the company's stock valued at $174,000 after buying an additional 11,256 shares during the period. ProShare Advisors LLC increased its position in shares of OneSpaWorld by 8.5% in the 1st 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 in the last quarter. Morse Asset Management Inc acquired a new stake in OneSpaWorld during the 2nd quarter worth $200,000. Finally, Principal Financial Group Inc. lifted its holdings in OneSpaWorld by 20.9% during the second quarter. Principal Financial Group Inc. now owns 13,572 shares of the company's stock worth $209,000 after acquiring an additional 2,350 shares in the last quarter. Institutional investors and hedge funds own 95.98% of the company's stock.

Analyst Ratings Changes

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

OneSpaWorld Stock Down 0.4 %

OSW traded down $0.07 during trading on Tuesday, hitting $19.30. The company had a trading volume of 367,347 shares, compared to its average volume of 547,610. The firm's 50-day moving average price is $17.62 and its 200 day moving average price is $16.25. The company has a market capitalization of $2.01 billion, a PE ratio of 39.39 and a beta of 2.13. 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 $11.49 and a one year high of $19.69.

OneSpaWorld Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th will be issued a dividend of $0.04 per share. The ex-dividend date is Wednesday, November 20th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.83%. OneSpaWorld's payout ratio is presently 32.65%.

Insider Activity at OneSpaWorld

In other news, CFO Stephen Lazarus sold 8,271 shares of the firm's stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $16.75, for a total value of $138,539.25. Following the completion of the transaction, the chief financial officer now owns 726,920 shares in the company, valued at $12,175,910. This trade represents a 1.13 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Andrew R. Heyer sold 75,000 shares of the business's stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $18.68, for a total value of $1,401,000.00. Following the transaction, the director now directly owns 545,432 shares in the company, valued at $10,188,669.76. This trade represents a 12.09 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 319,810 shares of company stock valued at $5,644,816. 5.00% of the stock is owned by insiders.

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.