OneSpaWorld Holdings Limited (NASDAQ:OSW) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC cut its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 2.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 83,554 shares of the company’s stock after selling 2,037 shares during the period. SG Americas Securities LLC’s holdings in OneSpaWorld were worth $1,663,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. FMR LLC grew its holdings in OneSpaWorld by 54.0% during the 3rd quarter. FMR LLC now owns 4,137,525 shares of the company’s stock worth $68,311,000 after acquiring an additional 1,451,283 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new position in OneSpaWorld in the third quarter valued at $9,267,000. Wellington Management Group LLP raised its stake in OneSpaWorld by 21.4% in the third quarter. Wellington Management Group LLP now owns 1,791,032 shares of the company’s stock valued at $29,570,000 after buying an additional 316,207 shares in the last quarter. Algert Global LLC lifted its holdings in OneSpaWorld by 1,072.8% during the 3rd quarter. Algert Global LLC now owns 293,325 shares of the company’s stock worth $4,843,000 after buying an additional 268,315 shares during the last quarter. Finally, Lord Abbett & CO. LLC boosted its position in shares of OneSpaWorld by 53.5% during the 3rd quarter. Lord Abbett & CO. LLC now owns 615,730 shares of the company’s stock worth $10,166,000 after acquiring an additional 214,557 shares in the last quarter. 95.98% of the stock is currently owned by hedge funds and other institutional investors.

OneSpaWorld Trading Up 0.0 %

OSW opened at $20.04 on Monday. 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 business’s 50 day moving average is $19.56 and its two-hundred day moving average is $17.59. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 40.90 and a beta of 2.10.

OneSpaWorld Dividend Announcement

The firm also recently disclosed 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 payout ratio is currently 32.65%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on OSW. Truist Financial raised their target price on OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. Stifel Nicolaus boosted their price objective on shares of OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th.

Insider Buying and Selling at OneSpaWorld

In other news, Director Walter Field Mclallen sold 18,000 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $20.40, for a total value of $367,200.00. Following the transaction, the director now owns 170,917 shares of the company’s stock, valued at approximately $3,486,706.80. The trade was a 9.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Andrew R. Heyer sold 75,000 shares of the stock in a transaction on 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 sale, 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 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 company insiders.

About OneSpaWorld

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.