OneSpaWorld Holdings Limited (NASDAQ:OSW) Shares Sold by One Wealth Management Investment & Advisory Services LLC

One Wealth Management Investment & Advisory Services LLC lowered its position in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 8.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 219,275 shares of the company’s stock after selling 20,000 shares during the period. OneSpaWorld accounts for approximately 6.9% of One Wealth Management Investment & Advisory Services LLC’s portfolio, making the stock its 5th biggest position. One Wealth Management Investment & Advisory Services LLC’s holdings in OneSpaWorld were worth $4,364,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the business. Morse Asset Management Inc raised 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 worth $232,000 after acquiring an additional 1,050 shares during the period. Sheets Smith Wealth Management raised its holdings in OneSpaWorld by 3.3% in the 4th quarter. Sheets Smith Wealth Management now owns 32,952 shares of the company’s stock worth $656,000 after purchasing an additional 1,050 shares during the period. USA Financial Formulas purchased a new position in OneSpaWorld during the fourth quarter worth approximately $36,000. Zacks Investment Management grew its holdings in OneSpaWorld by 13.3% in the third quarter. Zacks Investment Management now owns 16,052 shares of the company’s stock valued at $265,000 after purchasing an additional 1,881 shares during the period. Finally, Emerald Advisers LLC increased its position in shares of OneSpaWorld by 3.7% in the third quarter. Emerald Advisers LLC now owns 65,498 shares of the company’s stock valued at $1,081,000 after buying an additional 2,310 shares in the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Insider Activity at OneSpaWorld

In related news, Director Andrew R. Heyer sold 75,000 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $18.68, for a total transaction of $1,401,000.00. Following the completion of the transaction, the director now owns 545,432 shares in the company, valued at approximately $10,188,669.76. The trade was a 12.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Walter Field Mclallen sold 18,000 shares of the stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $20.40, for a total value of $367,200.00. Following the completion of the transaction, the director now directly owns 170,917 shares in the company, valued at $3,486,706.80. This trade represents a 9.53 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 158,906 shares of company stock worth $2,988,120. Company insiders own 5.00% of the company’s stock.

OneSpaWorld Stock Up 0.4 %

Shares of NASDAQ OSW opened at $20.03 on Friday. 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 business’s 50 day moving average is $19.53 and its two-hundred day moving average is $17.53. OneSpaWorld Holdings Limited has a 52-week low of $11.98 and a 52-week high of $20.57. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 40.88 and a beta of 2.10.

OneSpaWorld Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 20th were paid a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.80%. The ex-dividend date was Wednesday, November 20th. OneSpaWorld’s payout ratio is currently 32.65%.

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.