Champlain Investment Partners LLC Acquires 218,401 Shares of OneSpaWorld Holdings Limited $OSW

Champlain Investment Partners LLC increased its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 16.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 1,538,421 shares of the company’s stock after acquiring an additional 218,401 shares during the period. Champlain Investment Partners LLC owned about 1.51% of OneSpaWorld worth $32,522,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Oak Ridge Investments LLC acquired a new position in OneSpaWorld during the third quarter worth $2,817,000. Vest Financial LLC grew its stake in shares of OneSpaWorld by 72.9% in the 3rd quarter. Vest Financial LLC now owns 197,176 shares of the company’s stock valued at $4,168,000 after buying an additional 83,143 shares during the period. Creative Planning increased its holdings in shares of OneSpaWorld by 35.0% during the 2nd quarter. Creative Planning now owns 129,769 shares of the company’s stock worth $2,646,000 after buying an additional 33,648 shares during the last quarter. Ellsworth Advisors LLC purchased a new stake in shares of OneSpaWorld during the 3rd quarter valued at approximately $573,000. Finally, American Century Companies Inc. lifted its holdings in OneSpaWorld by 105.5% in the second quarter. American Century Companies Inc. now owns 2,976,478 shares of the company’s stock valued at $60,690,000 after acquiring an additional 1,528,210 shares during the last quarter. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Insider Activity

In other news, Director Walter Field Mclallen sold 5,000 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $20.21, for a total transaction of $101,050.00. Following the completion of the transaction, the director directly owned 154,882 shares of the company’s stock, valued at approximately $3,130,165.22. The trade was a 3.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 3.90% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on OSW shares. Wall Street Zen cut OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Sunday, November 30th. Truist Financial raised their price objective on OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. TD Cowen reduced their price objective on shares of OneSpaWorld from $27.00 to $24.00 and set a “buy” rating on the stock in a report on Tuesday, January 20th. Stifel Nicolaus decreased their target price on shares of OneSpaWorld from $27.00 to $26.00 and set a “buy” rating on the stock in a research report on Thursday, January 15th. Finally, Zacks Research cut shares of OneSpaWorld from a “hold” rating to a “strong sell” rating in a research report on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, OneSpaWorld has a consensus rating of “Moderate Buy” and a consensus price target of $25.00.

OneSpaWorld Stock Performance

Shares of OneSpaWorld stock opened at $20.94 on Wednesday. The stock has a market capitalization of $2.12 billion, a price-to-earnings ratio of 30.35 and a beta of 0.99. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.91 and a quick ratio of 1.10. The business has a 50-day moving average of $21.16 and a 200 day moving average of $21.26. OneSpaWorld Holdings Limited has a 12 month low of $14.21 and a 12 month high of $23.54.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.02). The business had revenue of $242.13 million for the quarter, compared to analyst estimates of $243.07 million. OneSpaWorld had a return on equity of 17.08% and a net margin of 7.45%.The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.20 EPS. As a group, sell-side analysts forecast that OneSpaWorld Holdings Limited will post 0.9 earnings per share for the current year.

OneSpaWorld Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 11th will be paid a $0.05 dividend. The ex-dividend date is Wednesday, March 11th. This represents a $0.20 annualized dividend and a dividend yield of 1.0%. OneSpaWorld’s payout ratio is 28.99%.

OneSpaWorld Profile

OneSpaWorld Holdings Ltd is a global provider of spa and wellness services, catering primarily to the cruise line, hospitality and venue-based leisure industries. The company designs and operates on-board spa facilities, salon services and retail boutiques, offering treatments such as massage, facial and body therapies, nail care, hair styling and aesthetic enhancements. Additionally, OneSpaWorld provides program consulting, management, training and product distribution services to its partners, enabling tailored spa experiences across diverse passenger and guest demographics.

OneSpaWorld’s core operations span major cruise lines—such as Carnival Corporation, Royal Caribbean Group, MSC Cruises and Virgin Voyages—as well as luxury resort and hotel brands.