Oak Ridge Investments LLC Takes $2.82 Million Position in OneSpaWorld Holdings Limited $OSW

Oak Ridge Investments LLC bought a new position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 133,243 shares of the company’s stock, valued at approximately $2,817,000. Oak Ridge Investments LLC owned 0.13% of OneSpaWorld as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in OSW. State of Alaska Department of Revenue purchased a new stake in shares of OneSpaWorld in the 3rd quarter valued at approximately $116,000. Tower Research Capital LLC TRC grew its stake in shares of OneSpaWorld by 313.5% during the second quarter. Tower Research Capital LLC TRC now owns 9,274 shares of the company’s stock worth $189,000 after purchasing an additional 7,031 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in OneSpaWorld by 48.1% in the second quarter. BNP Paribas Financial Markets now owns 10,497 shares of the company’s stock valued at $214,000 after buying an additional 3,411 shares during the last quarter. Prudential Financial Inc. acquired a new stake in OneSpaWorld in the second quarter valued at $213,000. Finally, Pinnacle Wealth Management Advisory Group LLC boosted its position in shares of OneSpaWorld by 8.5% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 12,955 shares of the company’s stock worth $264,000 after acquiring an additional 1,010 shares in the last quarter. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Insider Activity at OneSpaWorld

In related news, Director Andrew R. Heyer sold 20,000 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $20.19, for a total transaction of $403,800.00. Following the sale, the director owned 509,817 shares of the company’s stock, valued at approximately $10,293,205.23. The trade was a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Walter Field Mclallen sold 5,000 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $20.21, for a total transaction of $101,050.00. Following the completion of the transaction, the director directly owned 154,882 shares of the company’s stock, valued at approximately $3,130,165.22. This trade represents a 3.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 33,569 shares of company stock worth $685,827 over the last 90 days. Company insiders own 3.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on OSW. Wall Street Zen lowered shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Sunday, November 30th. Cowen reissued a “buy” rating on shares of OneSpaWorld in a research report on Friday, October 31st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of OneSpaWorld in a report on Monday, December 29th. Stifel Nicolaus decreased their price objective on OneSpaWorld from $27.00 to $26.00 and set a “buy” rating for the company in a report on Thursday. Finally, Northcoast Research set a $28.00 price target on shares of OneSpaWorld and gave the stock a “buy” rating in a research note on Tuesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $24.80.

OneSpaWorld Price Performance

OneSpaWorld stock opened at $19.72 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.84 and a quick ratio of 1.09. The business has a 50 day simple moving average of $20.80 and a 200-day simple moving average of $21.39. OneSpaWorld Holdings Limited has a 12 month low of $14.21 and a 12 month high of $23.49. The stock has a market capitalization of $2.01 billion, a PE ratio of 27.77 and a beta of 1.04.

OneSpaWorld (NASDAQ:OSW) last announced its quarterly earnings data on Wednesday, October 29th. The company reported $0.29 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.29. OneSpaWorld had a net margin of 7.90% and a return on equity of 16.38%. The company had revenue of $258.52 million for the quarter, compared to analysts’ expectations of $258.41 million. During the same period in the previous year, the company posted $0.26 EPS. OneSpaWorld’s revenue was up 7.0% compared to the same quarter last year. Equities analysts predict that OneSpaWorld Holdings Limited will post 0.9 earnings per share for the current year.

OneSpaWorld Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Wednesday, November 19th were given a $0.05 dividend. The ex-dividend date was Wednesday, November 19th. This is a positive change from OneSpaWorld’s previous quarterly dividend of $0.04. This represents a $0.20 annualized dividend and a yield of 1.0%. OneSpaWorld’s dividend payout ratio (DPR) is currently 28.17%.

OneSpaWorld Profile

OneSpaWorld Holdings Ltd is a global provider of spa and wellness services, catering primarily to the cruise line, hospitality and venue-based leisure industries. The company designs and operates on-board spa facilities, salon services and retail boutiques, offering treatments such as massage, facial and body therapies, nail care, hair styling and aesthetic enhancements. Additionally, OneSpaWorld provides program consulting, management, training and product distribution services to its partners, enabling tailored spa experiences across diverse passenger and guest demographics.

OneSpaWorld’s core operations span major cruise lines—such as Carnival Corporation, Royal Caribbean Group, MSC Cruises and Virgin Voyages—as well as luxury resort and hotel brands.