Jane Street Group LLC Sells 135,109 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Jane Street Group LLC lessened its position in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 69.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 60,492 shares of the company’s stock after selling 135,109 shares during the period. Jane Street Group LLC’s holdings in OneSpaWorld were worth $999,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in OSW. FMR LLC lifted its holdings in OneSpaWorld by 54.0% during the 3rd quarter. FMR LLC now owns 4,137,525 shares of the company’s stock valued at $68,311,000 after buying an additional 1,451,283 shares in the last quarter. Dimensional Fund Advisors LP increased its position in OneSpaWorld by 1.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,449,472 shares of the company’s stock valued at $37,647,000 after purchasing an additional 29,991 shares during the period. Pinnacle Associates Ltd. increased its position in OneSpaWorld by 3.6% during 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. State Street Corp increased its position in OneSpaWorld by 3.0% during the 3rd quarter. State Street Corp now owns 2,148,522 shares of the company’s stock valued at $35,472,000 after purchasing an additional 61,568 shares during the period. Finally, Driehaus Capital Management LLC increased its position in OneSpaWorld by 6.1% during the 2nd 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 period. Institutional investors own 95.98% of the company’s stock.

OneSpaWorld Stock Down 0.4 %

Shares of OneSpaWorld stock opened at $19.90 on Tuesday. The firm’s 50 day moving average price is $19.01 and its 200-day moving average price is $16.98. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18. OneSpaWorld Holdings Limited has a 52-week low of $11.98 and a 52-week high of $20.57. The company has a market cap of $2.07 billion, a P/E ratio of 40.61 and a beta of 2.13.

OneSpaWorld Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Wednesday, November 20th were given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.80%. The ex-dividend date of this dividend was Wednesday, November 20th. OneSpaWorld’s dividend payout ratio is presently 32.65%.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In related news, CFO Stephen Lazarus sold 65,906 shares of the stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of $18.51, for a total transaction of $1,219,920.06. Following the sale, the chief financial officer now directly owns 490,675 shares of the company’s stock, valued at approximately $9,082,394.25. This represents a 11.84 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Walter Field Mclallen sold 18,000 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $20.40, for a total transaction of $367,200.00. Following the sale, the director now directly owns 170,917 shares in the company, valued at $3,486,706.80. This trade represents a 9.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 158,906 shares of company stock valued at $2,988,120. 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.