One Wealth Management Investment & Advisory Services LLC Has $4.36 Million Stock Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

One Wealth Management Investment & Advisory Services LLC lessened its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 8.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 219,275 shares of the company’s stock after selling 20,000 shares during the quarter. OneSpaWorld comprises 6.9% of One Wealth Management Investment & Advisory Services LLC’s portfolio, making the stock its 5th biggest holding. One Wealth Management Investment & Advisory Services LLC owned approximately 0.21% of OneSpaWorld worth $4,364,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. FMR LLC boosted 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. Dimensional Fund Advisors LP boosted its stake in OneSpaWorld by 1.2% during the second quarter. Dimensional Fund Advisors LP now owns 2,449,472 shares of the company’s stock worth $37,647,000 after buying an additional 29,991 shares during the period. Geode Capital Management LLC increased its position in OneSpaWorld by 6.2% during the third quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company’s stock valued at $39,869,000 after acquiring an additional 141,578 shares during the last quarter. Pinnacle Associates Ltd. raised its stake in shares of OneSpaWorld by 3.6% in the third quarter. Pinnacle Associates Ltd. now owns 2,374,959 shares of the company’s stock valued at $39,211,000 after acquiring an additional 82,618 shares during the period. Finally, State Street Corp lifted its holdings in shares of OneSpaWorld by 3.0% in the 3rd quarter. State Street Corp now owns 2,148,522 shares of the company’s stock worth $35,472,000 after acquiring an additional 61,568 shares during the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on OSW. Stifel Nicolaus upped their price target 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 report on Tuesday, December 3rd.

OneSpaWorld Trading Up 0.4 %

OSW opened at $20.03 on Friday. OneSpaWorld Holdings Limited has a 12 month low of $11.98 and a 12 month high of $20.57. The stock has a fifty day moving average price of $19.53 and a 200-day moving average price of $17.53. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 40.88 and a beta of 2.10. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18.

OneSpaWorld Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Wednesday, November 20th were given a dividend of $0.04 per share. 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 32.65%.

Insider Activity

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

OneSpaWorld 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.