OneSpaWorld (NASDAQ:OSW) Director Walter Field Mclallen Sells 10,500 Shares of Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Walter Field Mclallen sold 10,500 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the director directly owned 137,382 shares of the company’s stock, valued at $3,389,213.94. This trade represents a 7.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

OneSpaWorld Stock Performance

Shares of OSW stock opened at $25.79 on Friday. The business’s fifty day simple moving average is $24.11 and its 200-day simple moving average is $22.16. The company has a market cap of $2.62 billion, a PE ratio of 34.39 and a beta of 0.92. The company has a current ratio of 2.52, a quick ratio of 1.40 and a debt-to-equity ratio of 0.15. OneSpaWorld Holdings Limited has a 12-month low of $18.43 and a 12-month high of $25.99.

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

OneSpaWorld Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on OSW. TD Cowen upped their price target on OneSpaWorld from $27.00 to $29.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Jefferies Financial Group began coverage on OneSpaWorld in a research report on Tuesday, March 24th. They set a “buy” rating and a $30.00 price target on the stock. Zacks Research raised OneSpaWorld from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Truist Financial upped their price target on OneSpaWorld from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Finally, Weiss Ratings raised OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, OneSpaWorld has an average rating of “Buy” and a consensus price target of $28.20.

Institutional Investors Weigh In On OneSpaWorld

A number of large investors have recently made changes to their positions in OSW. AQR Capital Management LLC grew its holdings in shares of OneSpaWorld by 41.4% during the first quarter. AQR Capital Management LLC now owns 25,286 shares of the company’s stock valued at $425,000 after buying an additional 7,398 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of OneSpaWorld by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,779 shares of the company’s stock valued at $1,004,000 after buying an additional 2,612 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of OneSpaWorld by 50.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,015 shares of the company’s stock valued at $3,577,000 after buying an additional 71,420 shares during the last quarter. Intech Investment Management LLC grew its holdings in shares of OneSpaWorld by 80.7% during the first quarter. Intech Investment Management LLC now owns 92,702 shares of the company’s stock valued at $1,556,000 after buying an additional 41,391 shares during the last quarter. Finally, Prudential Financial Inc. purchased a new stake in shares of OneSpaWorld during the second quarter valued at $213,000. 95.98% of the stock is owned by hedge funds and other institutional investors.

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.