Quantbot Technologies LP Boosts Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Quantbot Technologies LP raised its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 29.4% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 59,328 shares of the company’s stock after buying an additional 13,486 shares during the period. Quantbot Technologies LP’s holdings in OneSpaWorld were worth $980,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Quarry LP increased its stake in shares of OneSpaWorld by 178.9% during 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 stake in shares of OneSpaWorld in the 2nd quarter valued at about $200,000. Principal Financial Group Inc. lifted its position 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 worth $209,000 after purchasing an additional 2,350 shares during the period. Finally, Intech Investment Management LLC bought a new position in shares of OneSpaWorld during the third quarter valued at approximately $285,000. 95.98% of the stock is currently owned by institutional investors.

OneSpaWorld Stock Performance

Shares of NASDAQ:OSW opened at $18.99 on Monday. The firm has a 50 day moving average of $17.76 and a 200 day moving average of $16.33. 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 company has a market capitalization of $1.97 billion, a price-to-earnings ratio of 38.76 and a beta of 2.13. OneSpaWorld Holdings Limited has a 52 week low of $11.70 and a 52 week high of $19.69.

OneSpaWorld Dividend Announcement

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

Insider Buying and Selling

In related 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 transaction 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 $12,175,910. This represents a 1.13 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Andrew R. Heyer sold 75,000 shares of the firm’s stock in a transaction that occurred 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 sale, the director now owns 545,432 shares of the company’s stock, valued at approximately $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 worth $5,644,816 in the last three months. 5.00% of the stock is owned by insiders.

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.