Pathstone Holdings LLC Has $1.43 Million Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Pathstone Holdings LLC cut its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 32.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 86,363 shares of the company’s stock after selling 41,480 shares during the period. Pathstone Holdings LLC owned about 0.08% of OneSpaWorld worth $1,426,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in OSW. Quarry LP increased its stake in shares of OneSpaWorld by 178.9% in the second quarter. Quarry LP now owns 4,306 shares of the company’s stock valued at $66,000 after buying an additional 2,762 shares during the period. Allspring Global Investments Holdings LLC increased its position in OneSpaWorld by 13,242.4% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 11,341 shares of the company’s stock valued at $174,000 after purchasing an additional 11,256 shares during the period. Morse Asset Management Inc bought a new position in OneSpaWorld during the 2nd quarter worth approximately $200,000. Principal Financial Group Inc. boosted its stake in shares of OneSpaWorld by 20.9% in the 2nd quarter. Principal Financial Group Inc. now owns 13,572 shares of the company’s stock valued at $209,000 after purchasing an additional 2,350 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its position in shares of OneSpaWorld by 13.6% during 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 period. 95.98% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

Insider Activity at OneSpaWorld

In related news, CFO Stephen Lazarus sold 8,271 shares of OneSpaWorld 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 completion of the sale, the chief financial officer now owns 726,920 shares of the company’s stock, valued at approximately $12,175,910. This trade represents a 1.13 % decrease in their position. 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 on Wednesday, November 6th. The shares were sold at an average price of $18.68, for a total transaction of $1,401,000.00. Following the completion of the transaction, the director now directly owns 545,432 shares in the company, valued at $10,188,669.76. This trade represents a 12.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 319,810 shares of company stock valued at $5,644,816 in the last three months. Corporate insiders own 5.00% of the company’s stock.

OneSpaWorld Stock Down 1.6 %

Shares of NASDAQ OSW opened at $19.00 on Friday. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18. The firm has a market cap of $1.98 billion, a PE ratio of 38.78 and a beta of 2.13. The company’s fifty day simple moving average is $17.67 and its 200 day simple moving average is $16.27. OneSpaWorld Holdings Limited has a 12-month low of $11.50 and a 12-month high of $19.69.

OneSpaWorld Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 20th will be paid a $0.04 dividend. The ex-dividend date of this dividend is Wednesday, November 20th. This represents a $0.16 annualized dividend and a dividend yield of 0.84%. OneSpaWorld’s dividend payout ratio is presently 32.65%.

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.