Los Angeles Capital Management LLC Has $1.52 Million Stock Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Los Angeles Capital Management LLC cut its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 8.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 92,185 shares of the company’s stock after selling 8,045 shares during the period. Los Angeles Capital Management LLC’s holdings in OneSpaWorld were worth $1,522,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in OSW. Quarry LP lifted its stake in shares of OneSpaWorld by 178.9% in the 2nd quarter. Quarry LP now owns 4,306 shares of the company’s stock valued at $66,000 after purchasing an additional 2,762 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings 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 worth $174,000 after buying an additional 11,256 shares in the last quarter. Morse Asset Management Inc acquired a new stake in shares of OneSpaWorld during the 2nd quarter worth approximately $200,000. Principal Financial Group Inc. increased its stake in shares of OneSpaWorld by 20.9% in the 2nd quarter. Principal Financial Group Inc. now owns 13,572 shares of the company’s stock valued at $209,000 after acquiring an additional 2,350 shares in the last quarter. Finally, ProShare Advisors LLC lifted its position in shares of OneSpaWorld by 8.5% during the 1st quarter. ProShare Advisors LLC now owns 14,997 shares of the company’s stock valued at $198,000 after acquiring an additional 1,181 shares during the period. Institutional investors own 95.98% of the company’s stock.

Analysts Set New Price Targets

Separately, TD Cowen lifted their price target on shares of OneSpaWorld from $16.00 to $19.00 and gave the company a “buy” rating in a research note on Thursday, August 1st.

OneSpaWorld Price Performance

Shares of OSW opened at $19.31 on Thursday. The business’s fifty day moving average is $16.93 and its 200 day moving average is $15.92. OneSpaWorld Holdings Limited has a 12-month low of $11.13 and a 12-month high of $19.61. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18. The stock has a market cap of $2.01 billion, a P/E ratio of 39.76 and a beta of 2.13.

OneSpaWorld Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 20th will be issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date of this dividend is Wednesday, November 20th. OneSpaWorld’s dividend payout ratio is currently 32.65%.

Insider Transactions at OneSpaWorld

In other OneSpaWorld news, Director Andrew R. Heyer sold 75,000 shares of OneSpaWorld stock in a transaction dated 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 transaction, the director now owns 545,432 shares in the company, valued at approximately $10,188,669.76. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CFO Stephen Lazarus sold 8,271 shares of the business’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $16.75, for a total transaction of $138,539.25. Following the transaction, the chief financial officer now directly owns 726,920 shares in the company, valued at approximately $12,175,910. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Andrew R. Heyer sold 75,000 shares of the stock in a transaction dated Wednesday, November 6th. The shares were 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 owns 545,432 shares of the company’s stock, 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. Insiders sold a total of 319,810 shares of company stock valued at $5,644,816 over the last three months. Corporate insiders own 5.00% of the company’s stock.

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.