1,831 Shares in OneSpaWorld Holdings Limited (NASDAQ:OSW) Acquired by USA Financial Formulas

USA Financial Formulas purchased a new position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,831 shares of the company’s stock, valued at approximately $36,000.

A number of other hedge funds also recently made changes to their positions in the stock. Quarry LP grew its holdings in shares of OneSpaWorld by 178.9% during the 2nd quarter. Quarry LP now owns 4,306 shares of the company’s stock worth $66,000 after purchasing an additional 2,762 shares during the period. Point72 DIFC Ltd acquired a new position in OneSpaWorld during the third quarter valued at approximately $81,000. Morse Asset Management Inc purchased a new stake in OneSpaWorld during the second quarter worth approximately $200,000. Glenmede Trust Co. NA acquired a new stake in shares of OneSpaWorld in the third quarter worth $210,000. Finally, Zacks Investment Management increased its position in shares of OneSpaWorld by 13.3% in the third quarter. Zacks Investment Management now owns 16,052 shares of the company’s stock worth $265,000 after acquiring an additional 1,881 shares in the last quarter. Institutional investors and hedge funds own 95.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Stifel Nicolaus upped their price target on shares of OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday. Truist Financial upped their target price on OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, December 3rd.

Insider Buying and Selling at OneSpaWorld

In other OneSpaWorld news, Director Andrew R. Heyer sold 75,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $18.68, for a total value 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 document filed with the SEC, which is available at the SEC website. Also, Director Walter Field Mclallen sold 18,000 shares of the stock in a transaction that occurred 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 transaction, the director now owns 170,917 shares of the company’s stock, valued at approximately $3,486,706.80. This trade represents a 9.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 158,906 shares of company stock valued at $2,988,120 in the last ninety days. Insiders own 5.00% of the company’s stock.

OneSpaWorld Trading Up 1.6 %

OSW opened at $19.49 on Friday. The firm has a market capitalization of $2.03 billion, a P/E ratio of 39.78 and a beta of 2.10. The firm’s 50 day moving average is $19.45 and its 200-day moving average is $17.36. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18. OneSpaWorld Holdings Limited has a 52-week low of $11.98 and a 52-week high of $20.57.

OneSpaWorld Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Wednesday, November 20th were issued a $0.04 dividend. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $0.16 dividend on an annualized basis and a yield of 0.82%. OneSpaWorld’s dividend payout ratio is currently 32.65%.

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.