Swiss National Bank Raises Stake in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Swiss National Bank increased its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 0.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 195,700 shares of the company’s stock after acquiring an additional 1,400 shares during the period. Swiss National Bank’s holdings in OneSpaWorld were worth $3,894,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of OSW. Victory Capital Management Inc. lifted its stake 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 valued at $1,519,000 after purchasing an additional 32,888 shares during the last quarter. Intech Investment Management LLC bought a new stake in OneSpaWorld during the 3rd quarter valued at $285,000. Charles Schwab Investment Management Inc. boosted its stake in shares of OneSpaWorld by 12.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 852,946 shares of the company’s stock valued at $14,082,000 after purchasing an additional 92,085 shares in the last quarter. FMR LLC increased its holdings in OneSpaWorld by 54.0% during the third quarter. FMR LLC now owns 4,137,525 shares of the company’s stock valued at $68,311,000 after buying an additional 1,451,283 shares during the period. Finally, Quantbot Technologies LP boosted its position in OneSpaWorld by 29.4% during the third quarter. Quantbot Technologies LP now owns 59,328 shares of the company’s stock valued at $980,000 after purchasing an additional 13,486 shares in the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

OneSpaWorld Price Performance

Shares of OSW stock opened at $18.14 on Wednesday. The firm’s 50-day moving average is $19.75 and its two-hundred day moving average is $18.76. OneSpaWorld Holdings Limited has a 12 month low of $11.98 and a 12 month high of $23.01. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29. The company has a market capitalization of $1.90 billion, a PE ratio of 25.91 and a beta of 2.11.

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 0.88%. The ex-dividend date is Wednesday, March 12th. OneSpaWorld’s dividend payout ratio is presently 22.86%.

Analyst Upgrades and Downgrades

A number of research firms have commented on OSW. Stifel Nicolaus increased their price target on OneSpaWorld from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Wednesday, January 15th. Truist Financial raised their target price on OneSpaWorld from $17.00 to $22.00 and gave the company a “buy” rating in a research report on Tuesday, December 3rd.

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.