West Tower Group LLC Has $1.11 Million Stock Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

West Tower Group LLC decreased its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 42.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,900 shares of the company's stock after selling 41,117 shares during the period. OneSpaWorld makes up approximately 2.5% of West Tower Group LLC's investment portfolio, making the stock its 9th biggest position. West Tower Group LLC owned 0.05% of OneSpaWorld worth $1,112,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Signaturefd LLC raised its stake in OneSpaWorld by 139.9% during the fourth quarter. Signaturefd LLC now owns 1,317 shares of the company's stock valued at $26,000 after purchasing an additional 768 shares in the last quarter. Morse Asset Management Inc raised its position in shares of OneSpaWorld by 8.1% during the 3rd 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 in the last quarter. Sheets Smith Wealth Management lifted its holdings in shares of OneSpaWorld by 3.3% in the 4th quarter. Sheets Smith Wealth Management now owns 32,952 shares of the company's stock valued at $656,000 after acquiring an additional 1,050 shares during the last quarter. Global Retirement Partners LLC purchased a new position in OneSpaWorld in the fourth quarter worth about $26,000. Finally, Swiss National Bank increased its stake in OneSpaWorld by 0.7% during the fourth quarter. Swiss National Bank now owns 195,700 shares of the company's stock worth $3,894,000 after acquiring an additional 1,400 shares during the last quarter. 95.98% of the stock is owned by institutional investors.

Remove Ads

OneSpaWorld Trading Down 0.3 %

NASDAQ:OSW traded down $0.05 during mid-day trading on Friday, hitting $17.50. 5,459,117 shares of the stock traded hands, compared to its average volume of 595,515. 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 stock has a market capitalization of $1.83 billion, a price-to-earnings ratio of 25.00 and a beta of 2.11. OneSpaWorld Holdings Limited has a 52 week low of $11.98 and a 52 week high of $23.01. The firm's 50 day moving average is $19.77 and its two-hundred day moving average is $18.70.

OneSpaWorld Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.91%. OneSpaWorld's dividend payout ratio is 22.86%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Truist Financial raised their price objective on OneSpaWorld from $17.00 to $22.00 and gave the company a "buy" rating in a research note on Tuesday, December 3rd. Stifel Nicolaus increased their price target on OneSpaWorld from $24.00 to $25.00 and gave the company a "buy" rating in a report on Wednesday, January 15th.

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.