Nixon Capital LLC Purchases 21,485 Shares of OneSpaWorld Holdings Limited $OSW

Nixon Capital LLC raised its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 2.5% in the fourth quarter, Holdings Channel reports. The fund owned 880,759 shares of the company’s stock after buying an additional 21,485 shares during the quarter. OneSpaWorld comprises approximately 4.8% of Nixon Capital LLC’s investment portfolio, making the stock its 11th biggest holding. Nixon Capital LLC’s holdings in OneSpaWorld were worth $18,267,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of OSW. Aster Capital Management DIFC Ltd bought a new stake in OneSpaWorld during the third quarter valued at about $29,000. First Horizon Corp raised its position in shares of OneSpaWorld by 120.4% during the fourth quarter. First Horizon Corp now owns 1,785 shares of the company’s stock valued at $37,000 after buying an additional 975 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of OneSpaWorld by 325.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company’s stock valued at $40,000 after buying an additional 1,478 shares during the last quarter. Aquatic Capital Management LLC acquired a new position in shares of OneSpaWorld during the third quarter valued at about $50,000. Finally, CIBC Private Wealth Group LLC acquired a new position in shares of OneSpaWorld during the third quarter valued at about $87,000. 95.98% of the stock is currently owned by institutional investors.

OneSpaWorld Stock Performance

NASDAQ:OSW opened at $23.81 on Thursday. OneSpaWorld Holdings Limited has a 12-month low of $18.43 and a 12-month high of $25.75. The company has a quick ratio of 1.40, a current ratio of 2.52 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $2.42 billion, a PE ratio of 31.75 and a beta of 0.92. The firm has a 50-day moving average price of $24.03 and a 200 day moving average price of $22.10.

OneSpaWorld (NASDAQ:OSW) last posted its quarterly earnings results 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. OneSpaWorld had a net margin of 7.85% and a return on equity of 18.00%. The firm had revenue of $247.63 million during the quarter, compared to analyst estimates of $244.51 million. During the same quarter in the prior year, the business posted $0.15 earnings per share. The company’s quarterly revenue was up 12.8% compared to the same quarter last year. Research analysts anticipate that OneSpaWorld Holdings Limited will post 1.07 earnings per share for the current fiscal year.

OneSpaWorld Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, May 20th. OneSpaWorld’s dividend payout ratio is 26.67%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Truist Financial upped their price objective on shares of OneSpaWorld from $25.00 to $28.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Wall Street Zen lowered shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. Weiss Ratings raised shares of OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Zacks Research raised shares of OneSpaWorld from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Finally, TD Cowen upped their price objective on shares of OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $28.20.

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.