Wellington Management Group LLP Boosts Stock Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Wellington Management Group LLP lifted its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 16.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,092,683 shares of the company's stock after purchasing an additional 301,651 shares during the period. Wellington Management Group LLP owned 2.01% of OneSpaWorld worth $41,644,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in OSW. Charles Schwab Investment Management Inc. raised its holdings in shares of OneSpaWorld by 12.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 852,946 shares of the company's stock valued at $14,082,000 after purchasing an additional 92,085 shares during the period. BNP Paribas Financial Markets raised its stake in OneSpaWorld by 32.5% in the third quarter. BNP Paribas Financial Markets now owns 81,837 shares of the company's stock valued at $1,351,000 after buying an additional 20,095 shares during the period. Morse Asset Management Inc lifted its position in shares of OneSpaWorld by 8.1% in the third quarter. Morse Asset Management Inc now owns 14,050 shares of the company's stock valued at $232,000 after buying an additional 1,050 shares during the last quarter. Point72 Asset Management L.P. boosted its stake in shares of OneSpaWorld by 71.0% during the 3rd quarter. Point72 Asset Management L.P. now owns 17,972 shares of the company's stock worth $297,000 after acquiring an additional 7,463 shares during the period. Finally, Point72 DIFC Ltd acquired a new position in shares of OneSpaWorld during the 3rd quarter worth approximately $81,000. Institutional investors and hedge funds own 95.98% of the company's stock.

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OneSpaWorld Stock Up 3.1 %

OSW traded up $0.51 during midday trading on Friday, hitting $17.14. The company had a trading volume of 1,419,174 shares, compared to its average volume of 681,110. The stock's 50 day moving average price is $18.55 and its 200 day moving average price is $18.77. OneSpaWorld Holdings Limited has a 52 week low of $11.98 and a 52 week high of $23.01. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of 24.49 and a beta of 1.71.

OneSpaWorld Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th were paid a dividend of $0.04 per share. The ex-dividend date was Wednesday, March 12th. This represents a $0.16 dividend on an annualized basis and a yield of 0.93%. OneSpaWorld's dividend payout ratio (DPR) is currently 22.86%.

Analysts Set New Price Targets

Separately, Stifel Nicolaus reduced their target price on OneSpaWorld from $25.00 to $21.00 and set a "buy" rating on the stock in a report on Tuesday.

OneSpaWorld Company 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.