Zurcher Kantonalbank Zurich Cantonalbank Purchases 47,417 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) by 161.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 76,751 shares of the company's stock after buying an additional 47,417 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned approximately 0.07% of OneSpaWorld worth $1,267,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Quarry LP lifted its holdings in shares of OneSpaWorld by 178.9% in the second quarter. Quarry LP now owns 4,306 shares of the company's stock valued at $66,000 after purchasing an additional 2,762 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in OneSpaWorld by 13,242.4% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 11,341 shares of the company's stock valued at $174,000 after acquiring an additional 11,256 shares in the last quarter. Morse Asset Management Inc purchased a new position in OneSpaWorld during the 2nd quarter worth $200,000. Principal Financial Group Inc. grew its stake in shares of OneSpaWorld by 20.9% in the 2nd 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. Finally, Glenmede Trust Co. NA purchased a new stake in shares of OneSpaWorld in the third quarter valued at about $210,000. 95.98% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Truist Financial upped their price objective on shares of OneSpaWorld from $17.00 to $22.00 and gave the stock a "buy" rating in a research report on Tuesday.

OneSpaWorld Stock Performance

NASDAQ:OSW traded down $0.15 during trading on Friday, reaching $19.87. The company's stock had a trading volume of 289,999 shares, compared to its average volume of 542,847. OneSpaWorld Holdings Limited has a 12 month low of $11.98 and a 12 month high of $20.26. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 40.86 and a beta of 2.13. The firm has a 50 day moving average of $18.02 and a 200-day moving average of $16.45. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84.

OneSpaWorld Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th were given a dividend of $0.04 per share. The ex-dividend date was Wednesday, November 20th. This represents a $0.16 annualized dividend and a yield of 0.81%. OneSpaWorld's payout ratio is currently 32.65%.

Insider Buying and Selling

In other news, CFO Stephen Lazarus sold 170,339 shares of the company's stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $16.91, for a total transaction of $2,880,432.49. Following the transaction, the chief financial officer now owns 556,581 shares of the company's stock, valued at $9,411,784.71. This represents a 23.43 % decrease in their position. The sale was disclosed in a 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 dated Wednesday, November 6th. The shares were sold at an average price of $18.68, for a total value of $1,401,000.00. Following the completion of the sale, the director now owns 545,432 shares in the company, valued at $10,188,669.76. This represents a 12.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 319,810 shares of company stock worth $5,644,816. Insiders own 5.00% of the company's stock.

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.