Zurcher Kantonalbank Zurich Cantonalbank Acquires 58,695 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Zurcher Kantonalbank Zurich Cantonalbank grew its position in OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 76.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 135,446 shares of the company's stock after purchasing an additional 58,695 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned about 0.13% of OneSpaWorld worth $2,695,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. FMR LLC raised its holdings in shares of OneSpaWorld by 54.0% in the 3rd quarter. FMR LLC now owns 4,137,525 shares of the company's stock worth $68,311,000 after purchasing an additional 1,451,283 shares during the period. Geode Capital Management LLC increased its position in OneSpaWorld by 6.2% in the third quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company's stock worth $39,869,000 after buying an additional 141,578 shares during the last quarter. State Street Corp raised its stake in shares of OneSpaWorld by 3.0% in the third quarter. State Street Corp now owns 2,148,522 shares of the company's stock valued at $35,472,000 after buying an additional 61,568 shares during the period. Wellington Management Group LLP raised its stake in shares of OneSpaWorld by 21.4% in 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 stake in shares of 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 worth $22,743,000 after purchasing an additional 19,269 shares in the last quarter. 95.98% of the stock is owned by institutional investors.

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Wall Street Analyst Weigh In

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

OneSpaWorld Price Performance

OSW traded up $0.74 during trading on Wednesday, reaching $17.49. The stock had a trading volume of 1,049,255 shares, compared to its average volume of 886,046. The business has a 50-day moving average of $19.86 and a 200-day moving average of $18.68. OneSpaWorld Holdings Limited has a one year low of $11.98 and a one year 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 stock has a market cap of $1.83 billion, a PE ratio of 24.98 and a beta of 2.11.

OneSpaWorld Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be given a dividend of $0.04 per share. The ex-dividend date is Wednesday, March 12th. This represents a $0.16 annualized dividend and a dividend yield of 0.92%. OneSpaWorld's dividend payout ratio (DPR) is presently 22.86%.

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.