Channing Capital Management LLC Sells 659,155 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Channing Capital Management LLC lowered its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 18.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,872,772 shares of the company’s stock after selling 659,155 shares during the period. Channing Capital Management LLC owned about 2.88% of OneSpaWorld worth $40,506,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of OSW. Raymond James & Associates increased its holdings in shares of OneSpaWorld by 23.4% in the third quarter. Raymond James & Associates now owns 40,460 shares of the company’s stock valued at $454,000 after purchasing an additional 7,672 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in OneSpaWorld by 12.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 358,245 shares of the company’s stock worth $4,020,000 after purchasing an additional 38,579 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in OneSpaWorld by 19.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,477 shares of the company’s stock valued at $219,000 after purchasing an additional 3,226 shares during the period. BluePath Capital Management LLC bought a new position in shares of OneSpaWorld in the 3rd quarter valued at about $37,000. Finally, Emerald Mutual Fund Advisers Trust acquired a new stake in shares of OneSpaWorld during the 3rd quarter worth approximately $1,732,000. Institutional investors own 95.98% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus upped their price objective on OneSpaWorld from $20.00 to $21.00 and gave the company a “buy” rating in a report on Wednesday, January 10th.

Insider Buying and Selling at OneSpaWorld

In other news, Director Andrew R. Heyer sold 9,000 shares of the stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $13.00, for a total value of $117,000.00. Following the completion of the transaction, the director now owns 473,145 shares of the company’s stock, valued at $6,150,885. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other OneSpaWorld news, Director Andrew R. Heyer sold 9,000 shares of the stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $13.00, for a total value of $117,000.00. Following the completion of the transaction, the director now directly owns 473,145 shares in the company, valued at $6,150,885. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Maryam Banikarim sold 6,411 shares of OneSpaWorld stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $13.07, for a total transaction of $83,791.77. Following the sale, the director now owns 75,765 shares in the company, valued at $990,248.55. The disclosure for this sale can be found here. Company insiders own 6.70% of the company’s stock.

OneSpaWorld Stock Down 0.1 %

Shares of NASDAQ:OSW traded down $0.02 during midday trading on Friday, hitting $14.84. The stock had a trading volume of 352,190 shares, compared to its average volume of 449,932. The company has a quick ratio of 0.98, a current ratio of 1.57 and a debt-to-equity ratio of 0.36. The business’s 50-day simple moving average is $12.97 and its 200-day simple moving average is $12.84. OneSpaWorld Holdings Limited has a 12 month low of $9.82 and a 12 month high of $15.12. The company has a market cap of $1.49 billion, a P/E ratio of 54.96 and a beta of 2.12.

OneSpaWorld (NASDAQ:OSW) last released its quarterly earnings data on Wednesday, May 1st. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.14 by $0.03. OneSpaWorld had a net margin of 4.14% and a return on equity of 13.61%. The firm had revenue of $211.23 million for the quarter, compared to the consensus estimate of $206.98 million. During the same period in the previous year, the company earned $0.10 earnings per share. On average, sell-side analysts forecast that OneSpaWorld Holdings Limited will post 0.64 earnings per share for the current fiscal year.

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.