Teachers Retirement System of The State of Kentucky Buys Shares of 25,200 OneSpaWorld Holdings Limited $OSW

Teachers Retirement System of The State of Kentucky purchased a new stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) during the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 25,200 shares of the company’s stock, valued at approximately $578,000.

A number of other institutional investors also recently modified their holdings of OSW. First Trust Advisors LP raised its stake in OneSpaWorld by 2.9% during the fourth quarter. First Trust Advisors LP now owns 3,179,211 shares of the company’s stock worth $65,937,000 after acquiring an additional 90,381 shares in the last quarter. Vanguard Group Inc. lifted its stake in OneSpaWorld by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 3,017,136 shares of the company’s stock valued at $62,575,000 after purchasing an additional 89,191 shares during the last quarter. Raymond James Financial Inc. lifted its stake in OneSpaWorld by 0.4% in the 2nd quarter. Raymond James Financial Inc. now owns 2,525,357 shares of the company’s stock valued at $51,492,000 after purchasing an additional 10,807 shares during the last quarter. Geode Capital Management LLC boosted its position in OneSpaWorld by 5.1% in the fourth quarter. Geode Capital Management LLC now owns 2,505,052 shares of the company’s stock valued at $51,964,000 after buying an additional 122,681 shares in the last quarter. Finally, State Street Corp boosted its position in OneSpaWorld by 1.2% in the fourth quarter. State Street Corp now owns 2,253,071 shares of the company’s stock valued at $46,729,000 after buying an additional 26,533 shares in the last quarter. Institutional investors and hedge funds own 95.98% of the company’s stock.

OneSpaWorld Trading Up 0.7%

Shares of OSW stock opened at $26.63 on Friday. OneSpaWorld Holdings Limited has a 1-year low of $19.06 and a 1-year high of $29.25. The company has a current ratio of 2.52, a quick ratio of 1.40 and a debt-to-equity ratio of 0.15. The stock has a market cap of $2.70 billion, a price-to-earnings ratio of 35.51 and a beta of 0.90. The stock has a 50-day moving average of $25.58 and a 200-day moving average of $23.29.

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

OneSpaWorld Dividend Announcement

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

Insiders Place Their Bets

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

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Jefferies Financial Group upped their price target on shares of OneSpaWorld from $31.00 to $35.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Wall Street Zen downgraded OneSpaWorld from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Truist Financial boosted their price objective on OneSpaWorld from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. TD Cowen upped their target price on OneSpaWorld from $27.00 to $29.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Weiss Ratings upgraded OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $29.20.

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.