UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 16,839 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 12.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 122,298 shares of the company’s stock after selling 16,839 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in OneSpaWorld were worth $2,019,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Quarry LP grew its holdings in OneSpaWorld by 178.9% during the 2nd quarter. Quarry LP now owns 4,306 shares of the company’s stock worth $66,000 after acquiring an additional 2,762 shares during the period. Allspring Global Investments Holdings LLC boosted its position in shares of OneSpaWorld by 13,242.4% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 11,341 shares of the company’s stock valued at $174,000 after purchasing an additional 11,256 shares in the last quarter. Glenmede Trust Co. NA acquired a new stake in OneSpaWorld during the third quarter worth approximately $210,000. Morse Asset Management Inc bought a new stake in OneSpaWorld in the second quarter worth approximately $200,000. Finally, Principal Financial Group Inc. lifted its stake in 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 buying an additional 2,350 shares during the period. 95.98% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Truist Financial raised their price objective on shares of OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, December 3rd.

Insider Transactions at OneSpaWorld

In other OneSpaWorld news, Director Andrew R. Heyer sold 75,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the director now directly owns 545,432 shares of the company’s stock, valued at approximately $10,188,669.76. The trade was a 12.09 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Stephen Lazarus sold 8,271 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $16.75, for a total value of $138,539.25. Following the completion of the transaction, the chief financial officer now owns 726,920 shares in the company, valued at $12,175,910. This represents a 1.13 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 319,810 shares of company stock valued at $5,644,816 over the last ninety days. 5.00% of the stock is owned by company insiders.

OneSpaWorld Stock Performance

Shares of OneSpaWorld stock opened at $20.21 on Monday. The business has a 50-day simple moving average of $18.43 and a 200 day simple moving average of $16.67. OneSpaWorld Holdings Limited has a one year low of $11.98 and a one year high of $20.48. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of 41.24 and a beta of 2.13.

OneSpaWorld Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 20th were issued a dividend of $0.04 per share. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $0.16 annualized dividend and a dividend yield of 0.79%. OneSpaWorld’s dividend payout ratio is 32.65%.

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.