Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in OneSpaWorld Holdings Limited (NASDAQ:OSW – Free Report) during the first quarter, HoldingsChannel reports. The fund acquired 25,212 shares of the company’s stock, valued at approximately $579,000.
Other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC lifted its stake in shares of OneSpaWorld by 41.4% in the 1st quarter. AQR Capital Management LLC now owns 25,286 shares of the company’s stock worth $425,000 after acquiring an additional 7,398 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in OneSpaWorld by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,779 shares of the company’s stock worth $1,004,000 after purchasing an additional 2,612 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in OneSpaWorld by 50.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,015 shares of the company’s stock worth $3,577,000 after purchasing an additional 71,420 shares in the last quarter. Intech Investment Management LLC lifted its position in OneSpaWorld by 80.7% in the first quarter. Intech Investment Management LLC now owns 92,702 shares of the company’s stock valued at $1,556,000 after purchasing an additional 41,391 shares during the period. Finally, Prudential Financial Inc. acquired a new stake in OneSpaWorld in the second quarter valued at about $213,000. 95.98% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
OSW has been the topic of several recent analyst reports. TD Cowen boosted their target price on OneSpaWorld from $27.00 to $29.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Wall Street Zen cut OneSpaWorld from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Jefferies Financial Group lifted their price target on OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Truist Financial increased their price objective on OneSpaWorld from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Finally, Weiss Ratings raised OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. One investment 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 stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $29.20.
Insiders Place Their Bets
In other news, Director Andrew R. Heyer sold 20,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $26.04, for a total value of $520,800.00. Following the completion of the transaction, the director owned 489,817 shares in the company, valued at $12,754,834.68. This trade represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Walter Field Mclallen sold 10,500 shares of OneSpaWorld stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $24.67, for a total value of $259,035.00. Following the transaction, the director directly owned 137,382 shares of the company’s stock, valued at $3,389,213.94. This trade represents a 7.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.60% of the stock is currently owned by insiders.
OneSpaWorld Trading Down 0.8%
Shares of OneSpaWorld stock opened at $26.41 on Friday. The company has a 50-day moving average of $25.61 and a two-hundred day moving average of $23.31. OneSpaWorld Holdings Limited has a 12-month low of $19.06 and a 12-month high of $29.25. The company has a current ratio of 2.52, a quick ratio of 1.40 and a debt-to-equity ratio of 0.15. The stock has a market cap of $2.68 billion, a PE ratio of 35.21 and a beta of 0.90.
OneSpaWorld (NASDAQ:OSW – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.25 by $0.02. The business had revenue of $247.63 million for the quarter, compared to analyst estimates of $244.51 million. OneSpaWorld had a return on equity of 18.00% and a net margin of 7.85%.The company’s quarterly revenue was up 12.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.15 EPS. On average, research analysts anticipate that OneSpaWorld Holdings Limited will post 1.07 EPS for the current fiscal year.
OneSpaWorld Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $0.20 annualized dividend and a yield of 0.8%. OneSpaWorld’s payout ratio is currently 26.67%.
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.
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