MetLife Investment Management LLC Has $1.22 Million Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

MetLife Investment Management LLC boosted its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 5.8% in the fourth quarter, HoldingsChannel reports. The firm owned 61,441 shares of the company’s stock after buying an additional 3,369 shares during the period. MetLife Investment Management LLC’s holdings in OneSpaWorld were worth $1,223,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of OSW. Morse Asset Management Inc grew its stake in shares of OneSpaWorld by 8.1% in the 3rd quarter. Morse Asset Management Inc now owns 14,050 shares of the company’s stock valued at $232,000 after buying an additional 1,050 shares during the period. Barclays PLC grew its stake in OneSpaWorld by 177.8% in the third quarter. Barclays PLC now owns 198,549 shares of the company’s stock valued at $3,278,000 after acquiring an additional 127,074 shares during the period. Lord Abbett & CO. LLC raised its position in shares of OneSpaWorld by 53.5% during the third quarter. Lord Abbett & CO. LLC now owns 615,730 shares of the company’s stock worth $10,166,000 after purchasing an additional 214,557 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of OneSpaWorld by 144.2% in the 3rd quarter. Principal Financial Group Inc. now owns 33,137 shares of the company’s stock worth $547,000 after purchasing an additional 19,565 shares in the last quarter. Finally, USA Financial Formulas acquired a new stake in OneSpaWorld in the 4th quarter valued at $36,000. 95.98% of the stock is owned by institutional investors.

Analysts Set New Price Targets

OSW has been the topic of a number of recent research reports. Truist Financial dropped their price objective on shares of OneSpaWorld from $22.00 to $19.00 and set a “buy” rating on the stock in a research note on Tuesday. TD Securities decreased their price objective on OneSpaWorld from $24.00 to $22.00 and set a “buy” rating for the company in a report on Thursday. Finally, Stifel Nicolaus lowered their price objective on OneSpaWorld from $25.00 to $21.00 and set a “buy” rating for the company in a research note on Tuesday, April 8th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $19.60.

OneSpaWorld Trading Up 6.9 %

Shares of OSW stock opened at $17.85 on Friday. OneSpaWorld Holdings Limited has a 52-week low of $14.21 and a 52-week high of $23.01. The company has a 50-day simple moving average of $17.25 and a two-hundred day simple moving average of $18.79. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84. The company has a market capitalization of $1.87 billion, a price-to-earnings ratio of 25.50 and a beta of 1.71.

OneSpaWorld Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $0.16 dividend on an annualized basis and a yield of 0.90%. OneSpaWorld’s dividend payout ratio (DPR) is currently 22.86%.

About OneSpaWorld

OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services.