Lisanti Capital Growth LLC Acquires New Holdings in OneSpaWorld Holdings Limited $OSW

Lisanti Capital Growth LLC bought a new position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 170,180 shares of the company’s stock, valued at approximately $4,806,000.

Several other hedge funds have also recently bought and sold shares of the stock. Principal Financial Group Inc. boosted its holdings in shares of OneSpaWorld by 814.1% in the first quarter. Principal Financial Group Inc. now owns 539,387 shares of the company’s stock valued at $12,379,000 after buying an additional 480,378 shares during the period. Bessemer Group Inc. increased its position in shares of OneSpaWorld by 30.3% during the first quarter. Bessemer Group Inc. now owns 1,468,100 shares of the company’s stock worth $33,692,000 after acquiring an additional 341,632 shares in the last quarter. Moran Wealth Management LLC raised its holdings in shares of OneSpaWorld by 318.4% during the first quarter. Moran Wealth Management LLC now owns 180,220 shares of the company’s stock worth $4,136,000 after acquiring an additional 137,148 shares during the period. Louisiana State Employees Retirement System bought a new stake in OneSpaWorld in the 1st quarter valued at $1,037,000. Finally, Bank of America Corp DE boosted its stake in OneSpaWorld by 395.0% in the 1st quarter. Bank of America Corp DE now owns 3,987,390 shares of the company’s stock worth $91,511,000 after purchasing an additional 3,181,857 shares during the period. 95.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have issued reports on OSW shares. Jefferies Financial Group increased their target price on OneSpaWorld from $31.00 to $35.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. TD Cowen boosted their price target on OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Wall Street Zen downgraded OneSpaWorld from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of OneSpaWorld in a research report on Friday, July 31st. Finally, Stifel Nicolaus boosted their target price on OneSpaWorld from $28.00 to $32.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $30.60.

OneSpaWorld Stock Up 0.8%

OneSpaWorld stock opened at $26.39 on Thursday. The company has a market cap of $2.68 billion, a P/E ratio of 33.41 and a beta of 0.91. OneSpaWorld Holdings Limited has a 1-year low of $19.06 and a 1-year high of $29.25. The company has a fifty day simple moving average of $26.76 and a 200 day simple moving average of $24.26. The company has a current ratio of 2.91, a quick ratio of 1.93 and a debt-to-equity ratio of 0.14.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01. OneSpaWorld had a net margin of 8.02% and a return on equity of 18.36%. The firm had revenue of $261.25 million for the quarter, compared to analysts’ expectations of $260.93 million. During the same period in the previous year, the firm posted $0.19 EPS. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. Research analysts anticipate that OneSpaWorld Holdings Limited will post 1.05 earnings per share for the current fiscal year.

OneSpaWorld Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be given a $0.05 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.8%. OneSpaWorld’s payout ratio is currently 25.32%.

Insider Transactions at OneSpaWorld

In related news, Director Walter Field Mclallen sold 10,500 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $24.67, for a total transaction of $259,035.00. Following the sale, the director owned 137,382 shares in the company, valued at approximately $3,389,213.94. This represents a 7.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Andrew R. Heyer sold 4,781 shares of the company’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $26.07, for a total value of $124,640.67. Following the sale, the director owned 302,145 shares in the company, valued at $7,876,920.15. The trade was a 1.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 90,500 shares of company stock worth $2,363,762. 3.60% of the stock is owned by company insiders.

About OneSpaWorld

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.