First Trust Advisors LP Has $53.09 Million Stock Position in OneSpaWorld Holdings Limited $OSW

First Trust Advisors LP cut its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 27.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,313,492 shares of the company’s stock after selling 865,719 shares during the period. First Trust Advisors LP’s holdings in OneSpaWorld were worth $53,095,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in OSW. PNC Financial Services Group Inc. lifted its position in shares of OneSpaWorld by 138.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,158 shares of the company’s stock worth $95,000 after purchasing an additional 2,415 shares during the period. Dimensional Fund Advisors LP increased its position in shares of OneSpaWorld by 1.2% during the first quarter. Dimensional Fund Advisors LP now owns 2,335,346 shares of the company’s stock worth $53,590,000 after buying an additional 27,309 shares during the period. Bessemer Group Inc. raised its stake in OneSpaWorld by 30.3% during the first quarter. Bessemer Group Inc. now owns 1,468,100 shares of the company’s stock worth $33,692,000 after buying an additional 341,632 shares during the last quarter. Bank of New York Mellon Corp boosted its position in OneSpaWorld by 77.7% during the first quarter. Bank of New York Mellon Corp now owns 559,365 shares of the company’s stock valued at $12,837,000 after acquiring an additional 244,662 shares during the last quarter. Finally, Illinois Municipal Retirement Fund bought a new stake in OneSpaWorld during the first quarter valued at $1,226,000. Institutional investors and hedge funds own 95.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on OSW shares. TD Cowen increased their price target on OneSpaWorld from $27.00 to $29.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Weiss Ratings upgraded OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Jefferies Financial Group boosted 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 raised their price objective on shares of OneSpaWorld from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Finally, Wall Street Zen lowered shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $29.20.

OneSpaWorld Stock Performance

Shares of OSW opened at $26.29 on Monday. OneSpaWorld Holdings Limited has a one year low of $19.06 and a one year high of $29.25. The company has a market cap of $2.67 billion, a PE ratio of 35.05 and a beta of 0.90. The stock has a 50-day moving average of $25.86 and a 200-day moving average of $23.50. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.52 and a quick ratio of 1.40.

OneSpaWorld (NASDAQ:OSW) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.02. OneSpaWorld had a return on equity of 18.00% and a net margin of 7.85%.The business had revenue of $247.63 million for the quarter, compared to the consensus estimate of $244.51 million. During the same period in the prior year, the business earned $0.15 EPS. The firm’s revenue for the quarter was up 12.8% on a year-over-year basis. On average, equities research analysts predict 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. Stockholders of record on Wednesday, May 20th were issued a dividend of $0.05 per share. The ex-dividend date was Wednesday, May 20th. This represents a $0.20 annualized dividend and a dividend yield of 0.8%. OneSpaWorld’s payout ratio is currently 26.67%.

Insider Activity at OneSpaWorld

In other OneSpaWorld news, Director Walter Field Mclallen sold 10,500 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were 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 approximately $3,389,213.94. This trade represents a 7.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Andrew R. Heyer sold 20,000 shares of OneSpaWorld stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $26.04, for a total transaction of $520,800.00. Following the transaction, the director owned 489,817 shares of the company’s stock, valued at $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. Insiders own 3.60% of the company’s stock.

About OneSpaWorld

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.