Principal Financial Group Inc. Has $209,000 Stock Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Principal Financial Group Inc. lifted its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 20.9% in the second quarter, HoldingsChannel reports. The institutional investor owned 13,572 shares of the company’s stock after buying an additional 2,350 shares during the period. Principal Financial Group Inc.’s holdings in OneSpaWorld were worth $209,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Victory Capital Management Inc. bought a new position in OneSpaWorld in the 4th quarter valued at about $656,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of OneSpaWorld by 1.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 675,696 shares of the company’s stock worth $9,527,000 after purchasing an additional 9,496 shares during the period. BNP Paribas Financial Markets increased its holdings in OneSpaWorld by 30.3% in the fourth quarter. BNP Paribas Financial Markets now owns 91,199 shares of the company’s stock valued at $1,286,000 after purchasing an additional 21,212 shares during the period. Jump Financial LLC increased its stake in shares of OneSpaWorld by 222.2% in the fourth quarter. Jump Financial LLC now owns 46,881 shares of the company’s stock valued at $661,000 after buying an additional 32,329 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in OneSpaWorld by 16.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,260,110 shares of the company’s stock worth $31,869,000 after purchasing an additional 316,905 shares during the last quarter. 95.98% of the stock is currently owned by institutional investors and hedge funds.

OneSpaWorld Stock Up 2.0 %

OSW stock opened at $15.90 on Monday. The stock’s fifty day simple moving average is $15.73 and its two-hundred day simple moving average is $14.62. The company has a current ratio of 2.03, a quick ratio of 1.49 and a debt-to-equity ratio of 0.23. OneSpaWorld Holdings Limited has a 1-year low of $9.82 and a 1-year high of $17.30. The stock has a market cap of $1.60 billion, a P/E ratio of 58.89 and a beta of 2.14.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. OneSpaWorld had a return on equity of 13.67% and a net margin of 6.26%. The firm had revenue of $224.89 million for the quarter, compared to analysts’ expectations of $220.61 million. During the same quarter in the prior year, the firm earned $0.13 EPS. Analysts expect that OneSpaWorld Holdings Limited will post 0.73 EPS for the current year.

OneSpaWorld Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Wednesday, August 21st were paid a dividend of $0.04 per share. The ex-dividend date was Wednesday, August 21st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.01%. OneSpaWorld’s payout ratio is 59.26%.

Analysts Set New Price Targets

Several research analysts have issued reports on OSW shares. TD Cowen raised their price target on shares of OneSpaWorld from $16.00 to $19.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Truist Financial boosted their price objective on OneSpaWorld from $16.00 to $17.00 and gave the company a “buy” rating in a report on Wednesday, June 12th. Finally, Stifel Nicolaus boosted their price objective on OneSpaWorld from $21.00 to $22.00 and gave the company a “buy” rating in a report on Thursday, May 23rd.

Insider Activity at OneSpaWorld

In other OneSpaWorld news, Director Andrew R. Heyer sold 6,000 shares of the company’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $14.57, for a total value of $87,420.00. Following the transaction, the director now directly owns 467,145 shares in the company, valued at approximately $6,806,302.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.00% of the stock is currently owned by corporate insiders.

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.