70,338 Shares in OneSpaWorld Holdings Limited (NASDAQ:OSW) Bought by Creative Planning

Creative Planning purchased a new stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 70,338 shares of the company’s stock, valued at approximately $1,081,000. Creative Planning owned about 0.07% of OneSpaWorld at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. DAVENPORT & Co LLC grew its holdings in OneSpaWorld by 21.1% in the 1st quarter. DAVENPORT & Co LLC now owns 2,694,704 shares of the company’s stock valued at $35,970,000 after buying an additional 470,415 shares in the last quarter. New South Capital Management Inc. lifted its stake in OneSpaWorld by 10.4% in the 1st quarter. New South Capital Management Inc. now owns 2,651,046 shares of the company’s stock valued at $35,073,000 after purchasing an additional 250,217 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of OneSpaWorld by 1.2% during the second quarter. Dimensional Fund Advisors LP now owns 2,449,472 shares of the company’s stock worth $37,647,000 after buying an additional 29,991 shares during the last quarter. Vanguard Group Inc. grew its position in OneSpaWorld by 4.0% during the 1st quarter. Vanguard Group Inc. now owns 2,176,709 shares of the company’s stock worth $28,798,000 after acquiring an additional 84,423 shares during the last quarter. Finally, Driehaus Capital Management LLC increased its stake in shares of OneSpaWorld by 6.1% in the second quarter. Driehaus Capital Management LLC now owns 1,867,527 shares of the company’s stock valued at $28,704,000 after buying an additional 106,910 shares during the period. Institutional investors own 95.98% of the company’s stock.

Insider Activity

In other OneSpaWorld news, Director Andrew R. Heyer sold 6,000 shares of the company’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $14.57, for a total value of $87,420.00. Following the completion of the transaction, the director now owns 467,145 shares in the company, valued at $6,806,302.65. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Andrew R. Heyer sold 6,000 shares of OneSpaWorld stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 467,145 shares in the company, valued at approximately $6,806,302.65. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Stephen Lazarus sold 8,271 shares of the stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $16.75, for a total value of $138,539.25. Following the sale, the chief financial officer now directly owns 726,920 shares in the company, valued at $12,175,910. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 184,904 shares of company stock worth $3,111,316 over the last quarter. Insiders own 5.00% of the company’s stock.

OneSpaWorld Stock Performance

NASDAQ:OSW opened at $17.00 on Friday. OneSpaWorld Holdings Limited has a twelve month low of $9.82 and a twelve month high of $17.42. The company has a quick ratio of 1.49, a current ratio of 2.03 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $1.71 billion, a P/E ratio of 62.96 and a beta of 2.14. The company has a fifty day moving average of $15.83 and a 200-day moving average of $15.08.

OneSpaWorld (NASDAQ:OSW) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. The firm had revenue of $224.89 million during the quarter, compared to analysts’ expectations of $220.61 million. OneSpaWorld had a return on equity of 13.67% and a net margin of 6.26%. During the same quarter last year, the firm posted $0.13 earnings per share. As a group, sell-side analysts anticipate that OneSpaWorld Holdings Limited will post 0.73 EPS for the current year.

OneSpaWorld Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Wednesday, August 21st were given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date was Wednesday, August 21st. OneSpaWorld’s payout ratio is currently 59.26%.

Wall Street Analysts Forecast Growth

Separately, TD Cowen increased their price objective on OneSpaWorld from $16.00 to $19.00 and gave the company a “buy” rating in a report on Thursday, August 1st.

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.