One Wealth Management Investment & Advisory Services LLC Raises Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

One Wealth Management Investment & Advisory Services LLC boosted its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 8.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 239,275 shares of the company’s stock after acquiring an additional 18,233 shares during the period. OneSpaWorld makes up approximately 6.9% of One Wealth Management Investment & Advisory Services LLC’s holdings, making the stock its 5th largest holding. One Wealth Management Investment & Advisory Services LLC owned approximately 0.23% of OneSpaWorld worth $3,950,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in OSW. Victory Capital Management Inc. grew 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 period. Versor Investments LP bought a new stake in shares of OneSpaWorld in the 3rd quarter valued at approximately $449,000. Principal Financial Group Inc. grew its stake in shares of OneSpaWorld by 144.2% in the 3rd quarter. Principal Financial Group Inc. now owns 33,137 shares of the company’s stock valued at $547,000 after purchasing an additional 19,565 shares during the period. Emerald Advisers LLC grew its stake in shares of OneSpaWorld by 3.7% in the 3rd quarter. Emerald Advisers LLC now owns 65,498 shares of the company’s stock valued at $1,081,000 after purchasing an additional 2,310 shares during the period. Finally, Pinnacle Associates Ltd. grew its stake in shares of OneSpaWorld by 3.6% in the 3rd quarter. Pinnacle Associates Ltd. now owns 2,374,959 shares of the company’s stock valued at $39,211,000 after purchasing an additional 82,618 shares during the period. 95.98% of the stock is currently owned by institutional investors.

OneSpaWorld Price Performance

NASDAQ OSW opened at $19.31 on Thursday. The firm has a market cap of $2.01 billion, a PE ratio of 39.41 and a beta of 2.13. OneSpaWorld Holdings Limited has a one year low of $11.13 and a one year high of $19.61. The stock’s 50 day simple moving average is $17.01 and its 200 day simple moving average is $15.94. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29.

OneSpaWorld Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th will be given a dividend of $0.04 per share. The ex-dividend date is Wednesday, November 20th. This represents a $0.16 dividend on an annualized basis and a yield of 0.83%. OneSpaWorld’s dividend payout ratio (DPR) is presently 32.65%.

Analyst Ratings Changes

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

Insiders Place Their Bets

In other OneSpaWorld news, Director Andrew R. Heyer sold 75,000 shares of the company’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $18.68, for a total transaction of $1,401,000.00. Following the transaction, the director now owns 545,432 shares of the company’s stock, valued at approximately $10,188,669.76. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other OneSpaWorld news, CFO Stephen Lazarus sold 8,271 shares of the company’s stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $16.75, for a total transaction of $138,539.25. Following the transaction, the chief financial officer now owns 726,920 shares of the company’s stock, valued at approximately $12,175,910. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Andrew R. Heyer sold 75,000 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $18.68, for a total value of $1,401,000.00. Following the completion of the transaction, the director now directly owns 545,432 shares in the company, valued at approximately $10,188,669.76. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 319,810 shares of company stock valued at $5,644,816. 5.00% of the stock is currently owned by corporate insiders.

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.