OneSpaWorld Holdings Limited $OSW Shares Purchased by DAVENPORT & Co LLC

DAVENPORT & Co LLC increased its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 0.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,921,094 shares of the company’s stock after purchasing an additional 9,153 shares during the period. DAVENPORT & Co LLC owned approximately 1.87% of OneSpaWorld worth $39,243,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Amalgamated Bank grew its position in OneSpaWorld by 22.2% during the 1st quarter. Amalgamated Bank now owns 3,479 shares of the company’s stock worth $58,000 after purchasing an additional 631 shares during the period. Sheets Smith Wealth Management boosted its stake in shares of OneSpaWorld by 1.9% in the second quarter. Sheets Smith Wealth Management now owns 34,846 shares of the company’s stock worth $711,000 after buying an additional 647 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its holdings in OneSpaWorld by 7.3% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 11,945 shares of the company’s stock worth $201,000 after acquiring an additional 815 shares during the period. Townsquare Capital LLC raised its position in OneSpaWorld by 0.7% during the first quarter. Townsquare Capital LLC now owns 213,191 shares of the company’s stock valued at $3,579,000 after acquiring an additional 1,428 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in OneSpaWorld by 27.9% in the first quarter. Smartleaf Asset Management LLC now owns 6,608 shares of the company’s stock valued at $109,000 after acquiring an additional 1,443 shares during the period. 95.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

OSW has been the topic of a number of analyst reports. Truist Financial raised their price objective on shares of OneSpaWorld from $19.00 to $21.00 and gave the stock a “buy” rating in a research note on Monday, June 9th. Wall Street Zen lowered shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Friday, September 26th. William Blair reaffirmed an “outperform” rating on shares of OneSpaWorld in a report on Wednesday, July 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of OneSpaWorld in a research note on Saturday, September 27th. Finally, Stifel Nicolaus raised their target price on OneSpaWorld from $23.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Six investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $22.67.

OneSpaWorld Stock Performance

OSW opened at $20.93 on Monday. The firm’s fifty day simple moving average is $21.97 and its two-hundred day simple moving average is $19.95. OneSpaWorld Holdings Limited has a 52-week low of $14.21 and a 52-week high of $23.28. The company has a market cap of $2.15 billion, a price-to-earnings ratio of 30.78 and a beta of 1.29. The company has a quick ratio of 1.19, a current ratio of 1.88 and a debt-to-equity ratio of 0.17.

OneSpaWorld (NASDAQ:OSW) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.01. The firm had revenue of $240.73 million during the quarter, compared to the consensus estimate of $238.28 million. OneSpaWorld had a net margin of 7.74% and a return on equity of 15.93%. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.20 EPS. OneSpaWorld has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts anticipate that OneSpaWorld Holdings Limited will post 0.9 earnings per share for the current fiscal year.

OneSpaWorld Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Wednesday, August 20th were paid a $0.04 dividend. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.8%. OneSpaWorld’s payout ratio is currently 23.53%.

Insider Activity at OneSpaWorld

In other news, Director Glenn Fusfield sold 11,057 shares of the company’s stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $22.59, for a total transaction of $249,777.63. Following the completion of the sale, the director owned 70,360 shares of the company’s stock, valued at $1,589,432.40. This represents a 13.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andrew R. Heyer sold 31,289 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $21.59, for a total transaction of $675,529.51. Following the completion of the transaction, the director directly owned 332,145 shares in the company, valued at approximately $7,171,010.55. This represents a 8.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 235,763 shares of company stock valued at $5,202,595 over the last quarter. 3.90% of the stock is owned by company insiders.

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.