OneSpaWorld Holdings Limited $OSW Position Lessened by SG Americas Securities LLC

SG Americas Securities LLC decreased its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 50.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,227 shares of the company’s stock after selling 21,328 shares during the period. SG Americas Securities LLC’s holdings in OneSpaWorld were worth $487,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Diversified Trust Co raised its stake in shares of OneSpaWorld by 4.2% during the 1st quarter. Diversified Trust Co now owns 21,027 shares of the company’s stock worth $483,000 after purchasing an additional 850 shares in the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of OneSpaWorld by 111.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,364 shares of the company’s stock valued at $49,000 after buying an additional 1,244 shares in the last quarter. Empowered Funds LLC bought a new stake in shares of OneSpaWorld in the 4th quarter valued at approximately $66,000. XTX Topco Ltd bought a new stake in shares of OneSpaWorld in the 4th quarter valued at approximately $245,000. Finally, nVerses Capital LLC acquired a new position in OneSpaWorld in the fourth quarter worth approximately $210,000. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Insiders Place Their Bets

In other OneSpaWorld news, Director Walter Field Mclallen sold 10,500 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $24.67, for a total transaction of $259,035.00. Following the completion of the sale, the director directly owned 137,382 shares in the company, valued at $3,389,213.94. This represents a 7.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Andrew R. Heyer sold 20,000 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $26.04, for a total value of $520,800.00. Following the completion of the sale, the director directly owned 489,817 shares in the company, valued at approximately $12,754,834.68. This represents a 3.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 3.60% of the company’s stock.

Analyst Ratings Changes

OSW has been the subject of a number of analyst reports. Wall Street Zen cut shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Truist Financial increased their price target on shares of OneSpaWorld from $25.00 to $28.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Weiss Ratings upgraded shares of OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. TD Cowen lifted their price objective on shares of OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Zacks Research upgraded shares of OneSpaWorld from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $29.20.

OneSpaWorld Stock Down 3.6%

OSW opened at $26.33 on Thursday. The firm has a market cap of $2.67 billion, a P/E ratio of 35.11 and a beta of 0.90. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.40 and a current ratio of 2.52. The business has a 50 day moving average price of $25.36 and a 200 day moving average price of $23.08. OneSpaWorld Holdings Limited has a twelve month low of $19.06 and a twelve month high of $29.25.

OneSpaWorld (NASDAQ:OSW) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.25 by $0.02. OneSpaWorld had a return on equity of 18.00% and a net margin of 7.85%.The company had revenue of $247.63 million for the quarter, compared to the consensus estimate of $244.51 million. During the same quarter last year, the company posted $0.15 earnings per share. The company’s revenue for the quarter was up 12.8% compared to the same quarter last year. Research analysts forecast that OneSpaWorld Holdings Limited will post 1.07 EPS for the current year.

OneSpaWorld Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th were paid a $0.05 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $0.20 dividend on an annualized basis and a yield of 0.8%. OneSpaWorld’s dividend payout ratio (DPR) is presently 26.67%.

OneSpaWorld Company 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.