Charles Schwab Investment Management Inc. Raises Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Charles Schwab Investment Management Inc. raised its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 0.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 856,566 shares of the company’s stock after purchasing an additional 3,620 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in OneSpaWorld were worth $17,046,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Principal Financial Group Inc. lifted its position in OneSpaWorld by 144.2% in the third quarter. Principal Financial Group Inc. now owns 33,137 shares of the company’s stock valued at $547,000 after buying an additional 19,565 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of OneSpaWorld by 55.6% in the 3rd quarter. Victory Capital Management Inc. now owns 92,005 shares of the company’s stock worth $1,519,000 after acquiring an additional 32,888 shares during the last quarter. Moran Wealth Management LLC boosted its position in shares of OneSpaWorld by 34.8% during the 3rd quarter. Moran Wealth Management LLC now owns 35,219 shares of the company’s stock worth $581,000 after purchasing an additional 9,096 shares during the period. Intech Investment Management LLC acquired a new stake in OneSpaWorld in the 3rd quarter valued at approximately $285,000. Finally, Algert Global LLC raised its position in OneSpaWorld by 1,072.8% in the third quarter. Algert Global LLC now owns 293,325 shares of the company’s stock valued at $4,843,000 after purchasing an additional 268,315 shares during the period. Institutional investors and hedge funds own 95.98% of the company’s stock.

OneSpaWorld Price Performance

Shares of NASDAQ OSW opened at $17.55 on Friday. The stock has a 50 day moving average of $19.80 and a two-hundred day moving average of $18.67. OneSpaWorld Holdings Limited has a twelve month low of $11.98 and a twelve month high of $23.01. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. The stock has a market cap of $1.84 billion, a P/E ratio of 25.07 and a beta of 2.11.

OneSpaWorld Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th will be paid a $0.04 dividend. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.16 annualized dividend and a yield of 0.91%. OneSpaWorld’s dividend payout ratio is currently 22.86%.

Wall Street Analyst Weigh In

OSW has been the topic of several research analyst reports. Truist Financial boosted their price objective on OneSpaWorld from $17.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd. Stifel Nicolaus increased their price target on shares of OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th.

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.