OneSpaWorld Holdings Limited (NASDAQ:OSW) Shares Bought by Victory Capital Management Inc.

Victory Capital Management Inc. increased its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 55.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 92,005 shares of the company’s stock after acquiring an additional 32,888 shares during the quarter. Victory Capital Management Inc.’s holdings in OneSpaWorld were worth $1,519,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Divisadero Street Capital Management LP acquired a new stake in shares of OneSpaWorld during the second quarter valued at about $7,685,000. Sequoia Financial Advisors LLC acquired a new stake in shares of OneSpaWorld during the second quarter worth about $633,000. Driehaus Capital Management LLC grew its position in OneSpaWorld by 6.1% in the 2nd quarter. Driehaus Capital Management LLC now owns 1,867,527 shares of the company’s stock valued at $28,704,000 after buying an additional 106,910 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in OneSpaWorld in the 2nd quarter valued at $516,000. Finally, Bank of New York Mellon Corp lifted its position in OneSpaWorld by 24.9% in the second quarter. Bank of New York Mellon Corp now owns 363,455 shares of the company’s stock valued at $5,586,000 after purchasing an additional 72,470 shares during the period. 95.98% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at OneSpaWorld

In related news, CFO Stephen Lazarus sold 170,339 shares of the company’s stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $16.91, for a total value of $2,880,432.49. Following the completion of the transaction, the chief financial officer now directly owns 556,581 shares in the company, valued at approximately $9,411,784.71. This represents a 23.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Andrew R. Heyer sold 75,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $18.68, for a total transaction of $1,401,000.00. Following the completion of the sale, the director now directly owns 545,432 shares in the company, valued at $10,188,669.76. This represents a 12.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 319,810 shares of company stock valued at $5,644,816 over the last quarter. Insiders own 5.00% of the company’s stock.

OneSpaWorld Price Performance

Shares of NASDAQ:OSW opened at $19.37 on Tuesday. The firm has a market capitalization of $2.01 billion, a price-to-earnings ratio of 39.53 and a beta of 2.13. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29. OneSpaWorld Holdings Limited has a 12 month low of $11.49 and a 12 month high of $19.69. The business’s 50 day simple moving average is $17.56 and its 200-day simple moving average is $16.22.

OneSpaWorld Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th will be given a dividend of $0.04 per share. The ex-dividend date is Wednesday, November 20th. This represents a $0.16 annualized dividend and a dividend yield of 0.83%. OneSpaWorld’s dividend payout ratio is currently 32.65%.

Wall Street Analysts Forecast Growth

Separately, TD Cowen raised their price target on OneSpaWorld from $16.00 to $19.00 and gave the company a “buy” rating in a report on Thursday, August 1st.

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.