OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Walter Field Mclallen Sells 14,189 Shares

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Walter Field Mclallen sold 14,189 shares of the firm’s stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $19.35, for a total value of $274,557.15. Following the completion of the sale, the director now owns 156,728 shares in the company, valued at approximately $3,032,686.80. This represents a 8.30% 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 hyperlink.

OneSpaWorld Trading Down 1.9%

Shares of OSW stock opened at $18.62 on Thursday. The stock has a 50-day simple moving average of $17.48 and a 200 day simple moving average of $18.94. The stock has a market capitalization of $1.95 billion, a P/E ratio of 26.60 and a beta of 1.36. OneSpaWorld Holdings Limited has a fifty-two week low of $14.21 and a fifty-two week high of $23.01. 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 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st will be issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date of this dividend is Wednesday, May 21st. OneSpaWorld’s payout ratio is 25.00%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on OSW. Cowen reissued a “buy” rating on shares of OneSpaWorld in a research note on Thursday, May 1st. Truist Financial lowered their target price on shares of OneSpaWorld from $22.00 to $19.00 and set a “buy” rating on the stock in a research note on Tuesday, April 29th. Stifel Nicolaus reduced their price target on shares of OneSpaWorld from $25.00 to $21.00 and set a “buy” rating for the company in a research note on Tuesday, April 8th. Finally, TD Securities dropped their target price on OneSpaWorld from $24.00 to $22.00 and set a “buy” rating on the stock in a report on Thursday, May 1st. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $20.25.

Hedge Funds Weigh In On OneSpaWorld

Several large investors have recently made changes to their positions in the business. Amalgamated Bank lifted its stake in OneSpaWorld by 22.2% during the first quarter. Amalgamated Bank now owns 3,479 shares of the company’s stock valued at $58,000 after purchasing an additional 631 shares during the last quarter. Summit Investment Advisors Inc. increased its holdings in shares of OneSpaWorld by 6.8% in the fourth quarter. Summit Investment Advisors Inc. now owns 10,511 shares of the company’s stock valued at $209,000 after buying an additional 668 shares in the last quarter. Signaturefd LLC lifted its position in shares of OneSpaWorld by 139.9% during the 4th quarter. Signaturefd LLC now owns 1,317 shares of the company’s stock valued at $26,000 after acquiring an additional 768 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of OneSpaWorld by 7.3% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 11,945 shares of the company’s stock valued at $201,000 after acquiring an additional 815 shares during the last quarter. Finally, Sheets Smith Wealth Management boosted its stake in shares of OneSpaWorld by 3.3% during the 4th quarter. Sheets Smith Wealth Management now owns 32,952 shares of the company’s stock worth $656,000 after acquiring an additional 1,050 shares in the last quarter. Institutional investors own 95.98% of the company’s stock.

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.