Stifel Financial Corp Sells 26,088 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Stifel Financial Corp trimmed its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 6.8% during the 3rd quarter, Holdings Channel reports. The fund owned 357,579 shares of the company’s stock after selling 26,088 shares during the period. Stifel Financial Corp’s holdings in OneSpaWorld were worth $5,904,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Divisadero Street Capital Management LP bought a new position in shares of OneSpaWorld in the 2nd quarter worth $7,685,000. Royce & Associates LP purchased a new position in OneSpaWorld in the third quarter valued at about $2,295,000. Driehaus Capital Management LLC grew its stake in 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 purchasing an additional 106,910 shares during the last quarter. Canada Pension Plan Investment Board bought a new position in OneSpaWorld in the second quarter worth about $516,000. Finally, Victory Capital Management Inc. lifted its position in shares of OneSpaWorld by 55.6% during the third quarter. Victory Capital Management Inc. now owns 92,005 shares of the company’s stock valued at $1,519,000 after buying an additional 32,888 shares during the last quarter. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Insider Activity at OneSpaWorld

In other news, Director Andrew R. Heyer sold 75,000 shares of the stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $18.68, for a total value of $1,401,000.00. Following the transaction, the director now directly owns 545,432 shares of the company’s stock, valued at approximately $10,188,669.76. This represents a 12.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Stephen Lazarus sold 170,339 shares of the firm’s stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $16.91, for a total value of $2,880,432.49. Following the completion of the transaction, the chief financial officer now owns 556,581 shares of the company’s stock, valued at approximately $9,411,784.71. The trade was a 23.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 319,810 shares of company stock valued at $5,644,816 in the last three months. 5.00% of the stock is owned by insiders.

OneSpaWorld Trading Down 0.2 %

Shares of NASDAQ:OSW opened at $20.21 on Friday. The business’s 50-day moving average is $18.43 and its 200 day moving average is $16.66. 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 Holdings Limited has a 1 year low of $11.98 and a 1 year high of $20.48. The firm has a market capitalization of $2.10 billion, a P/E ratio of 41.24 and a beta of 2.13.

OneSpaWorld Announces Dividend

The business 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 was Wednesday, November 20th. This represents a $0.16 annualized dividend and a dividend yield of 0.79%. OneSpaWorld’s dividend payout ratio (DPR) is currently 32.65%.

Analysts Set New Price Targets

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

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.