Dimensional Fund Advisors LP Increases Stake in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Dimensional Fund Advisors LP increased its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 1.2% during the second quarter, Holdings Channel reports. The institutional investor owned 2,449,472 shares of the company’s stock after buying an additional 29,991 shares during the quarter. Dimensional Fund Advisors LP’s holdings in OneSpaWorld were worth $37,647,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in OSW. Stifel Financial Corp lifted its holdings in OneSpaWorld by 1.1% during the 4th quarter. Stifel Financial Corp now owns 404,122 shares of the company’s stock worth $5,698,000 after buying an additional 4,475 shares during the last quarter. Campbell & CO Investment Adviser LLC boosted its holdings in OneSpaWorld by 45.2% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 118,620 shares of the company’s stock valued at $1,673,000 after purchasing an additional 36,952 shares in the last quarter. Intrinsic Edge Capital Management LLC acquired a new position in OneSpaWorld in the fourth quarter valued at approximately $2,820,000. Ranger Investment Management L.P. increased its stake in OneSpaWorld by 4.2% in the fourth quarter. Ranger Investment Management L.P. now owns 2,898,255 shares of the company’s stock valued at $40,865,000 after purchasing an additional 117,765 shares during the last quarter. Finally, Palisade Capital Management LP raised its holdings in OneSpaWorld by 12.1% during the fourth quarter. Palisade Capital Management LP now owns 1,360,514 shares of the company’s stock worth $19,183,000 after purchasing an additional 147,278 shares in the last quarter. Institutional investors and hedge funds own 95.98% of the company’s stock.

Insider Buying and Selling at OneSpaWorld

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

OneSpaWorld Stock Performance

Shares of OSW opened at $16.51 on Tuesday. The company’s 50 day simple moving average is $15.81 and its 200-day simple moving average is $14.90. The firm has a market cap of $1.66 billion, a PE ratio of 61.15 and a beta of 2.14. OneSpaWorld Holdings Limited has a 12-month low of $9.82 and a 12-month high of $17.30. The company has a current ratio of 2.03, a quick ratio of 1.49 and a debt-to-equity ratio of 0.23.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.01. OneSpaWorld had a net margin of 6.26% and a return on equity of 13.67%. The company had revenue of $224.89 million for the quarter, compared to the consensus estimate of $220.61 million. During the same period last year, the firm posted $0.13 EPS. As a group, equities analysts predict that OneSpaWorld Holdings Limited will post 0.73 EPS for the current year.

OneSpaWorld Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on OSW shares. TD Cowen upped their target price on shares of OneSpaWorld from $16.00 to $19.00 and gave the company a “buy” rating in a report on Thursday, August 1st. Truist Financial raised their price objective on OneSpaWorld from $16.00 to $17.00 and gave the stock a “buy” rating in a report on Wednesday, June 12th.

OneSpaWorld Profile

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.