OneSpaWorld Holdings Limited (NASDAQ:OSW) Holdings Lifted by Dark Forest Capital Management LP

Dark Forest Capital Management LP boosted its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 89.0% during the 2nd quarter, Holdings Channel.com reports. The fund owned 27,511 shares of the company’s stock after purchasing an additional 12,957 shares during the quarter. Dark Forest Capital Management LP’s holdings in OneSpaWorld were worth $423,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. ProShare Advisors LLC grew its stake in shares of OneSpaWorld by 8.5% in the 1st quarter. ProShare Advisors LLC now owns 14,997 shares of the company’s stock worth $198,000 after purchasing an additional 1,181 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in OneSpaWorld by 20.9% during the second quarter. Principal Financial Group Inc. now owns 13,572 shares of the company’s stock worth $209,000 after buying an additional 2,350 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in OneSpaWorld by 13.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 23,858 shares of the company’s stock worth $316,000 after buying an additional 2,860 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of OneSpaWorld by 3.3% in the second quarter. Envestnet Asset Management Inc. now owns 125,675 shares of the company’s stock valued at $1,932,000 after buying an additional 3,981 shares in the last quarter. Finally, Stifel Financial Corp increased its holdings in shares of OneSpaWorld by 1.1% in the fourth quarter. Stifel Financial Corp now owns 404,122 shares of the company’s stock valued at $5,698,000 after buying an additional 4,475 shares in the last quarter. 95.98% of the stock is owned by institutional investors and hedge funds.

Insider Activity at OneSpaWorld

In other OneSpaWorld news, CFO Stephen Lazarus sold 8,271 shares of the stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $16.75, for a total value of $138,539.25. Following the completion of the sale, the chief financial officer now owns 726,920 shares in the company, valued at approximately $12,175,910. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, CFO Stephen Lazarus sold 8,271 shares of the company’s stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $16.75, for a total value of $138,539.25. Following the transaction, the chief financial officer now directly owns 726,920 shares of the company’s stock, valued at $12,175,910. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andrew R. Heyer sold 6,000 shares of the stock in a transaction on Monday, August 5th. The stock was sold at an average price of $14.57, for a total value of $87,420.00. Following the sale, the director now owns 467,145 shares of the company’s stock, valued at $6,806,302.65. The disclosure for this sale can be found here. Over the last three months, insiders have sold 184,904 shares of company stock valued at $3,111,316. Corporate insiders own 5.00% of the company’s stock.

Analysts Set New Price Targets

OSW has been the topic of a number of recent research reports. Truist Financial lifted their target price on OneSpaWorld from $16.00 to $17.00 and gave the stock a “buy” rating in a report on Wednesday, June 12th. TD Cowen increased their price target on OneSpaWorld from $16.00 to $19.00 and gave the company a “buy” rating in a research report on Thursday, August 1st.

OneSpaWorld Trading Down 1.5 %

NASDAQ OSW opened at $16.56 on Friday. The firm’s 50 day moving average price is $15.81 and its two-hundred day moving average price is $14.85. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.49 and a current ratio of 2.03. OneSpaWorld Holdings Limited has a twelve month low of $9.82 and a twelve month high of $17.30. The stock has a market cap of $1.66 billion, a price-to-earnings ratio of 61.34 and a beta of 2.14.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. The business had revenue of $224.89 million for the quarter, compared to the consensus estimate of $220.61 million. OneSpaWorld had a return on equity of 13.67% and a net margin of 6.26%. During the same quarter in the previous year, the company posted $0.13 earnings per share. Equities analysts anticipate that OneSpaWorld Holdings Limited will post 0.73 EPS for the current year.

OneSpaWorld Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Wednesday, August 21st were issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.97%. The ex-dividend date of this dividend was Wednesday, August 21st. OneSpaWorld’s dividend payout ratio is currently 59.26%.

About OneSpaWorld

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.