Global Retirement Partners LLC Purchases Shares of 1,295 OneSpaWorld Holdings Limited (NASDAQ:OSW)

Global Retirement Partners LLC acquired a new position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) in the 4th quarter, HoldingsChannel reports. The fund acquired 1,295 shares of the company’s stock, valued at approximately $26,000.

Other hedge funds have also made changes to their positions in the company. Lord Abbett & CO. LLC boosted its holdings in OneSpaWorld by 53.5% in the third quarter. Lord Abbett & CO. LLC now owns 615,730 shares of the company’s stock valued at $10,166,000 after purchasing an additional 214,557 shares in the last quarter. State Street Corp lifted its holdings in shares of OneSpaWorld by 3.0% in the 3rd quarter. State Street Corp now owns 2,148,522 shares of the company’s stock valued at $35,472,000 after buying an additional 61,568 shares during the period. Royce & Associates LP purchased a new position in OneSpaWorld in the third quarter valued at about $2,295,000. Geode Capital Management LLC raised its stake in shares of OneSpaWorld by 6.2% during the 3rd quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company’s stock worth $39,869,000 after buying an additional 141,578 shares during the last quarter. Finally, Victory Capital Management Inc. increased its stake in shares of OneSpaWorld by 55.6% during the 3rd quarter. Victory Capital Management Inc. now owns 92,005 shares of the company’s stock worth $1,519,000 after purchasing an additional 32,888 shares in the last quarter. Hedge funds and other institutional investors own 95.98% of the company’s stock.

OneSpaWorld Price Performance

Shares of NASDAQ:OSW opened at $19.08 on Monday. 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 cap of $2.00 billion, a PE ratio of 27.26 and a beta of 2.10. OneSpaWorld Holdings Limited has a fifty-two week low of $11.98 and a fifty-two week high of $23.01. The firm has a 50-day simple moving average of $20.36 and a 200 day simple moving average of $18.50.

OneSpaWorld Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th will be issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date is Wednesday, March 12th. OneSpaWorld’s dividend payout ratio (DPR) is 22.86%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Stifel Nicolaus raised their price objective on OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Wednesday, January 15th. Truist Financial upped their price objective on shares of OneSpaWorld from $17.00 to $22.00 and gave the company a “buy” rating in a research report on Tuesday, December 3rd.

Insider Buying and Selling at OneSpaWorld

In other news, Director Walter Field Mclallen sold 18,000 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $20.40, for a total transaction of $367,200.00. Following the completion of the sale, the director now owns 170,917 shares in the company, valued at approximately $3,486,706.80. This represents a 9.53 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 5.00% of the stock is owned by corporate insiders.

OneSpaWorld Company 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.