Stifel Financial Corp Sells 26,088 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Stifel Financial Corp lowered its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 6.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 357,579 shares of the company’s stock after selling 26,088 shares during the quarter. Stifel Financial Corp owned about 0.34% of OneSpaWorld worth $5,904,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. SG Americas Securities LLC boosted its position in shares of OneSpaWorld by 45.9% during the 2nd quarter. SG Americas Securities LLC now owns 85,327 shares of the company’s stock valued at $1,311,000 after acquiring an additional 26,863 shares during the last quarter. Bank of New York Mellon Corp lifted its position in OneSpaWorld by 24.9% during 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 last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of OneSpaWorld by 13,242.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 11,341 shares of the company’s stock worth $174,000 after buying an additional 11,256 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of OneSpaWorld by 45.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 29,334 shares of the company’s stock valued at $451,000 after buying an additional 9,218 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its holdings 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 acquiring an additional 2,350 shares during the last quarter. Institutional investors own 95.98% of the company’s stock.

OneSpaWorld Trading Down 0.2 %

OSW stock opened at $20.21 on Friday. OneSpaWorld Holdings Limited has a twelve month low of $11.98 and a twelve month high of $20.48. The stock has a market capitalization of $2.10 billion, a price-to-earnings ratio of 41.24 and a beta of 2.13. 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’s fifty day simple moving average is $18.43 and its two-hundred day simple moving average is $16.66.

OneSpaWorld Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th were given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend was Wednesday, November 20th. OneSpaWorld’s dividend payout ratio (DPR) is currently 32.65%.

Analysts Set New Price Targets

Separately, Truist Financial boosted their price objective on OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd.

Insiders Place Their Bets

In related news, Director Andrew R. Heyer sold 75,000 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $18.68, for a total value of $1,401,000.00. Following the transaction, the director now owns 545,432 shares of the company’s stock, valued at $10,188,669.76. This trade represents a 12.09 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Stephen Lazarus sold 8,271 shares of the business’s stock in a transaction dated 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 directly owns 726,920 shares of the company’s stock, valued at approximately $12,175,910. This trade represents a 1.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 319,810 shares of company stock valued at $5,644,816 over the last 90 days. Insiders own 5.00% of the company’s stock.

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.