Teachers Retirement System of The State of Kentucky Makes New Investment in OneSpaWorld Holdings Limited $OSW

Teachers Retirement System of The State of Kentucky acquired a new stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 25,200 shares of the company’s stock, valued at approximately $578,000.

A number of other large investors have also bought and sold shares of OSW. Brown Brothers Harriman & Co. acquired a new stake in OneSpaWorld in the 4th quarter valued at approximately $31,000. Arax Advisory Partners boosted its position in OneSpaWorld by 428.8% during the 4th quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock worth $33,000 after acquiring an additional 1,295 shares during the last quarter. First Horizon Corp grew its stake in shares of OneSpaWorld by 120.4% during the 4th quarter. First Horizon Corp now owns 1,785 shares of the company’s stock worth $37,000 after acquiring an additional 975 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of OneSpaWorld by 325.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company’s stock valued at $40,000 after purchasing an additional 1,478 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of OneSpaWorld by 111.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,364 shares of the company’s stock valued at $49,000 after purchasing an additional 1,244 shares during the last quarter. 95.98% of the stock is owned by institutional investors.

OneSpaWorld Stock Performance

NASDAQ OSW opened at $26.63 on Friday. The firm has a 50-day moving average of $25.58 and a 200-day moving average of $23.29. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.40 and a current ratio of 2.52. The stock has a market cap of $2.70 billion, a PE ratio of 35.51 and a beta of 0.90. OneSpaWorld Holdings Limited has a 52-week low of $19.06 and a 52-week high of $29.25.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.02. The firm had revenue of $247.63 million during the quarter, compared to the consensus estimate of $244.51 million. OneSpaWorld had a net margin of 7.85% and a return on equity of 18.00%. The business’s revenue for the quarter was up 12.8% compared to the same quarter last year. During the same period last year, the business posted $0.15 earnings per share. On average, sell-side analysts anticipate that OneSpaWorld Holdings Limited will post 1.07 EPS for the current year.

OneSpaWorld Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, May 20th. OneSpaWorld’s dividend payout ratio is currently 26.67%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on OSW shares. TD Cowen increased their price objective on shares of OneSpaWorld from $27.00 to $29.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Jefferies Financial Group lifted their target price on OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Wall Street Zen lowered OneSpaWorld from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Truist Financial increased their price target on OneSpaWorld from $25.00 to $28.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Finally, Weiss Ratings upgraded OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $29.20.

Insiders Place Their Bets

In other OneSpaWorld news, Director Walter Field Mclallen sold 10,500 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $24.67, for a total transaction of $259,035.00. Following the transaction, the director owned 137,382 shares in the company, valued at $3,389,213.94. This trade represents a 7.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andrew R. Heyer sold 20,000 shares of OneSpaWorld stock in a transaction on Monday, June 15th. The stock was sold at an average price of $26.04, for a total value of $520,800.00. Following the sale, the director directly owned 489,817 shares of the company’s stock, valued at $12,754,834.68. This represents a 3.92% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 3.60% of the company’s stock.

OneSpaWorld Company 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.