William Blair Investment Management LLC cut its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW – Free Report) by 5.2% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,395,821 shares of the company’s stock after selling 75,911 shares during the period. William Blair Investment Management LLC’s holdings in OneSpaWorld were worth $28,461,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors also recently modified their holdings of OSW. GAMMA Investing LLC increased its holdings in shares of OneSpaWorld by 2,005.8% during the first quarter. GAMMA Investing LLC now owns 8,697 shares of the company’s stock valued at $146,000 after purchasing an additional 8,284 shares during the period. Sheets Smith Wealth Management increased its holdings in shares of OneSpaWorld by 3.8% during the first quarter. Sheets Smith Wealth Management now owns 34,199 shares of the company’s stock valued at $574,000 after purchasing an additional 1,247 shares during the period. Harbour Capital Advisors LLC increased its holdings in shares of OneSpaWorld by 24.9% during the first quarter. Harbour Capital Advisors LLC now owns 22,682 shares of the company’s stock valued at $358,000 after purchasing an additional 4,525 shares during the period. Bessemer Group Inc. increased its holdings in shares of OneSpaWorld by 41,840.0% during the first quarter. Bessemer Group Inc. now owns 16,776 shares of the company’s stock valued at $282,000 after purchasing an additional 16,736 shares during the period. Finally, Diversified Trust Co acquired a new position in shares of OneSpaWorld during the first quarter valued at $191,000. 95.98% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on OSW. William Blair reaffirmed an “outperform” rating on shares of OneSpaWorld in a research note on Wednesday, July 23rd. Wall Street Zen cut OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Friday, September 26th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of OneSpaWorld in a research note on Wednesday, October 8th. Stifel Nicolaus raised their target price on OneSpaWorld from $23.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Finally, Northcoast Research set a $28.00 price target on OneSpaWorld and gave the company a “buy” rating in a research report on Tuesday, October 7th. One analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $24.00.
OneSpaWorld Trading Up 1.0%
Shares of NASDAQ OSW opened at $20.10 on Monday. OneSpaWorld Holdings Limited has a one year low of $14.21 and a one year high of $23.28. The firm has a market capitalization of $2.06 billion, a PE ratio of 29.56 and a beta of 1.29. The company has a current ratio of 1.88, a quick ratio of 1.19 and a debt-to-equity ratio of 0.17. The business has a 50-day moving average price of $21.68 and a two-hundred day moving average price of $20.19.
OneSpaWorld (NASDAQ:OSW – Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. OneSpaWorld had a return on equity of 15.93% and a net margin of 7.74%.The firm had revenue of $240.73 million during the quarter, compared to analyst estimates of $238.28 million. During the same period last year, the company posted $0.20 EPS. The business’s quarterly revenue was up 7.0% compared to the same quarter last year. OneSpaWorld has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts predict that OneSpaWorld Holdings Limited will post 0.9 earnings per share for the current fiscal year.
OneSpaWorld Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Wednesday, August 20th were given a dividend of $0.04 per share. The ex-dividend date was Wednesday, August 20th. This represents a $0.16 dividend on an annualized basis and a yield of 0.8%. OneSpaWorld’s dividend payout ratio (DPR) is presently 23.53%.
Insider Activity
In other news, Director Glenn Fusfield sold 11,057 shares of OneSpaWorld stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $22.59, for a total transaction of $249,777.63. Following the completion of the sale, the director directly owned 70,360 shares in the company, valued at $1,589,432.40. The trade was a 13.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Andrew R. Heyer sold 31,289 shares of OneSpaWorld stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $21.59, for a total value of $675,529.51. Following the sale, the director owned 332,145 shares of the company’s stock, 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. Over the last quarter, insiders have sold 235,763 shares of company stock valued at $5,202,595. 3.90% of the stock is owned by corporate 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.
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