OneSpaWorld Holdings Limited (NASDAQ:OSW) Shares Acquired by Principal Financial Group Inc.

Principal Financial Group Inc. increased its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 144.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,137 shares of the company’s stock after purchasing an additional 19,565 shares during the quarter. Principal Financial Group Inc.’s holdings in OneSpaWorld were worth $547,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Lord Abbett & CO. LLC boosted its holdings in shares of OneSpaWorld by 53.5% in the 3rd quarter. Lord Abbett & CO. LLC now owns 615,730 shares of the company’s stock valued at $10,166,000 after acquiring an additional 214,557 shares during the last quarter. State Street Corp boosted its holdings in OneSpaWorld by 3.0% in the third 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 last quarter. Divisadero Street Capital Management LP purchased a new position in shares of OneSpaWorld during the 2nd quarter valued at about $7,685,000. Royce & Associates LP acquired a new position in shares of OneSpaWorld in the 3rd quarter valued at about $2,295,000. Finally, Driehaus Capital Management LLC lifted its holdings in shares of OneSpaWorld by 6.1% in the 2nd quarter. Driehaus Capital Management LLC now owns 1,867,527 shares of the company’s stock valued at $28,704,000 after buying an additional 106,910 shares during the period. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Analysts Set New Price Targets

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

OneSpaWorld Stock Down 0.3 %

OSW opened at $19.32 on Monday. The company has a market cap of $2.01 billion, a PE ratio of 39.43 and a beta of 2.13. OneSpaWorld Holdings Limited has a twelve month low of $11.98 and a twelve month high of $20.57. The company has a 50-day moving average price of $19.26 and a 200 day moving average price of $17.15. 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 20th were paid a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.83%. The ex-dividend date was Wednesday, November 20th. OneSpaWorld’s dividend payout ratio is currently 32.65%.

Insider Buying and Selling

In other OneSpaWorld news, Director Andrew R. Heyer sold 75,000 shares of OneSpaWorld 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 directly owns 545,432 shares in the company, valued at $10,188,669.76. This trade represents a 12.09 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Walter Field Mclallen sold 18,000 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $20.40, for a total value of $367,200.00. Following the completion of the sale, the director now directly owns 170,917 shares in the company, valued at approximately $3,486,706.80. The trade was a 9.53 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 158,906 shares of company stock worth $2,988,120. 5.00% of the stock is owned by insiders.

OneSpaWorld 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.