OneSpaWorld Holdings Limited $OSW Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. lessened its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 0.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 2,927,945 shares of the company’s stock after selling 26,465 shares during the quarter. Vanguard Group Inc.’s holdings in OneSpaWorld were worth $61,897,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of OSW. Rhumbline Advisers lifted its holdings in OneSpaWorld by 0.5% in the second quarter. Rhumbline Advisers now owns 138,938 shares of the company’s stock worth $2,833,000 after acquiring an additional 731 shares during the last quarter. California State Teachers Retirement System grew its holdings in shares of OneSpaWorld by 0.9% during the second quarter. California State Teachers Retirement System now owns 91,653 shares of the company’s stock valued at $1,869,000 after purchasing an additional 849 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC raised 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 purchasing an additional 1,010 shares during the period. Captrust Financial Advisors lifted its holdings in shares of OneSpaWorld by 10.1% in the 2nd quarter. Captrust Financial Advisors now owns 14,389 shares of the company’s stock worth $293,000 after purchasing an additional 1,325 shares during the last quarter. Finally, Moran Wealth Management LLC lifted its holdings in shares of OneSpaWorld by 4.5% in the 3rd quarter. Moran Wealth Management LLC now owns 38,703 shares of the company’s stock worth $818,000 after purchasing an additional 1,658 shares during the last quarter. Institutional investors own 95.98% of the company’s stock.

Insiders Place Their Bets

In related news, Director Walter Field Mclallen sold 5,000 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $20.21, for a total value of $101,050.00. Following the completion of the sale, the director owned 154,882 shares of the company’s stock, valued at $3,130,165.22. This represents a 3.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 3.90% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Truist Financial upped their price objective on OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Zacks Research downgraded shares of OneSpaWorld from a “hold” rating to a “strong sell” rating in a report on Monday, February 23rd. Weiss Ratings restated a “buy (b-)” rating on shares of OneSpaWorld in a research report on Monday, December 29th. Stifel Nicolaus dropped their price objective on shares of OneSpaWorld from $27.00 to $26.00 and set a “buy” rating on the stock in a report on Thursday, January 15th. Finally, TD Cowen cut their price objective on shares of OneSpaWorld from $27.00 to $24.00 and set a “buy” rating on the stock in a research report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $25.00.

OneSpaWorld Stock Performance

Shares of OSW stock opened at $20.42 on Friday. OneSpaWorld Holdings Limited has a 12-month low of $14.21 and a 12-month high of $23.54. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.91 and a quick ratio of 1.10. The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of 29.59 and a beta of 0.99. The business has a 50 day simple moving average of $21.12 and a 200 day simple moving average of $21.24.

OneSpaWorld (NASDAQ:OSW) last announced its earnings results on Wednesday, February 18th. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.02). OneSpaWorld had a net margin of 7.45% and a return on equity of 17.08%. The business had revenue of $242.13 million for the quarter, compared to the consensus estimate of $243.07 million. During the same period in the previous year, the firm earned $0.20 EPS. The firm’s revenue was up 11.5% on a year-over-year basis. On average, equities research analysts anticipate that OneSpaWorld Holdings Limited will post 0.9 EPS for the current year.

OneSpaWorld Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Wednesday, March 11th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Wednesday, March 11th. OneSpaWorld’s payout ratio is currently 28.99%.

About OneSpaWorld

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.