OneSpaWorld Holdings Limited (NASDAQ:OSW) Stock Holdings Trimmed by nVerses Capital LLC

nVerses Capital LLC reduced its position in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 57.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,700 shares of the company’s stock after selling 6,400 shares during the quarter. nVerses Capital LLC’s holdings in OneSpaWorld were worth $72,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Moran Wealth Management LLC boosted its holdings in shares of OneSpaWorld by 5.3% during the fourth quarter. Moran Wealth Management LLC now owns 22,240 shares of the company’s stock valued at $314,000 after acquiring an additional 1,114 shares during the period. ProShare Advisors LLC grew its position in OneSpaWorld by 8.5% in the 1st quarter. ProShare Advisors LLC now owns 14,997 shares of the company’s stock worth $198,000 after purchasing an additional 1,181 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of OneSpaWorld by 20.9% in the second quarter. Principal Financial Group Inc. now owns 13,572 shares of the company’s stock valued at $209,000 after purchasing an additional 2,350 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in shares of OneSpaWorld by 13.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 23,858 shares of the company’s stock valued at $316,000 after buying an additional 2,860 shares during the last quarter. Finally, Stifel Financial Corp boosted its position in shares of OneSpaWorld by 1.1% during the fourth quarter. Stifel Financial Corp now owns 404,122 shares of the company’s stock worth $5,698,000 after buying an additional 4,475 shares during the period. 95.98% of the stock is owned by institutional investors.

Insider Transactions at OneSpaWorld

In other news, Director Walter Field Mclallen sold 2,500 shares of the business’s stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $15.23, for a total transaction of $38,075.00. Following the sale, the director now directly owns 175,486 shares of the company’s stock, valued at $2,672,651.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Walter Field Mclallen sold 2,500 shares of the business’s stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $15.23, for a total transaction of $38,075.00. Following the sale, the director now directly owns 175,486 shares of the company’s stock, valued at $2,672,651.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Andrew R. Heyer sold 6,000 shares of OneSpaWorld stock in a transaction on Monday, August 5th. The shares were sold at an average price of $14.57, for a total value of $87,420.00. Following the transaction, the director now owns 467,145 shares in the company, valued at approximately $6,806,302.65. The disclosure for this sale can be found here. 5.00% of the stock is owned by insiders.

OneSpaWorld Stock Down 3.3 %

OSW opened at $15.35 on Wednesday. OneSpaWorld Holdings Limited has a one year low of $9.82 and a one year high of $17.30. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.49 and a current ratio of 2.03. The stock’s fifty day moving average is $15.70 and its 200-day moving average is $14.53. The company has a market capitalization of $1.54 billion, a PE ratio of 56.85 and a beta of 2.14.

OneSpaWorld Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 4th. Stockholders of record on Wednesday, August 21st will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend is Wednesday, August 21st. OneSpaWorld’s dividend payout ratio is presently 59.26%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Loop Capital lifted their target price on OneSpaWorld from $16.00 to $17.00 and gave the company a “buy” rating in a research note on Wednesday, May 15th. Truist Financial lifted their target price on OneSpaWorld from $16.00 to $17.00 and gave the company a “buy” rating in a research note on Wednesday, June 12th. Stifel Nicolaus lifted their target price on OneSpaWorld from $21.00 to $22.00 and gave the company a “buy” rating in a research note on Thursday, May 23rd. Finally, TD Cowen boosted their price objective on OneSpaWorld from $16.00 to $19.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st.

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.