XTX Topco Ltd purchased a new stake in shares of OneWater Marine Inc. (NASDAQ:ONEW - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 19,139 shares of the company's stock, valued at approximately $333,000. XTX Topco Ltd owned approximately 0.12% of OneWater Marine at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Royce & Associates LP boosted its position in OneWater Marine by 13.2% during the 4th quarter. Royce & Associates LP now owns 1,853,788 shares of the company's stock worth $32,219,000 after buying an additional 216,410 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of OneWater Marine by 42.0% during the fourth quarter. Russell Investments Group Ltd. now owns 201,943 shares of the company's stock worth $3,510,000 after purchasing an additional 59,753 shares during the period. First Eagle Investment Management LLC bought a new stake in shares of OneWater Marine in the fourth quarter worth $588,000. Geode Capital Management LLC increased its holdings in OneWater Marine by 11.4% in the third quarter. Geode Capital Management LLC now owns 293,831 shares of the company's stock valued at $7,028,000 after purchasing an additional 29,952 shares during the period. Finally, American Century Companies Inc. raised its position in OneWater Marine by 1.8% during the 4th quarter. American Century Companies Inc. now owns 1,676,270 shares of the company's stock worth $29,134,000 after purchasing an additional 29,468 shares during the last quarter. 94.32% of the stock is currently owned by institutional investors.
OneWater Marine Trading Up 3.7 %
Shares of OneWater Marine stock traded up $0.53 on Friday, reaching $14.93. 75,305 shares of the company's stock were exchanged, compared to its average volume of 114,699. The company has a market capitalization of $243.55 million, a P/E ratio of -20.74 and a beta of 2.33. OneWater Marine Inc. has a 52 week low of $12.02 and a 52 week high of $31.36. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.25 and a current ratio of 1.24. The firm's 50-day moving average is $15.70 and its two-hundred day moving average is $18.36.
OneWater Marine (NASDAQ:ONEW - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The company reported ($0.54) earnings per share for the quarter, beating the consensus estimate of ($0.84) by $0.30. OneWater Marine had a negative net margin of 0.59% and a positive return on equity of 3.09%. Sell-side analysts predict that OneWater Marine Inc. will post 1.57 EPS for the current fiscal year.
Analyst Ratings Changes
ONEW has been the topic of a number of analyst reports. Truist Financial reduced their price target on OneWater Marine from $25.00 to $16.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. KeyCorp decreased their target price on shares of OneWater Marine from $22.00 to $16.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Baird R W downgraded shares of OneWater Marine from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Stifel Nicolaus decreased their price objective on shares of OneWater Marine from $31.00 to $25.00 and set a "buy" rating for the company in a research report on Wednesday, January 15th. Finally, Robert W. Baird reissued a "neutral" rating and set a $18.00 target price (down previously from $25.00) on shares of OneWater Marine in a research note on Friday, April 4th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $19.60.
Check Out Our Latest Report on ONEW
Insider Activity
In other OneWater Marine news, CEO Philip Austin Jr. Singleton bought 15,000 shares of the firm's stock in a transaction dated Tuesday, March 4th. The stock was bought at an average cost of $15.40 per share, with a total value of $231,000.00. Following the completion of the transaction, the chief executive officer now directly owns 682,368 shares in the company, valued at approximately $10,508,467.20. The trade was a 2.25 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 20.30% of the company's stock.
OneWater Marine Profile
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Free Report)
OneWater Marine Inc operates as a recreational boat retailer in the United States. The company offers new and pre-owned recreational boats and yachts, as well as related marine products, such as parts and accessories. It provides boat repair and maintenance services. In addition, the company arranges boat financing and insurance; and other ancillary services, including indoor and outdoor storage, and marina services.
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