Emerald Advisers LLC Sells 28,054 Shares of OneSpaWorld Holdings Limited $OSW

Emerald Advisers LLC decreased its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 3.1% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 884,878 shares of the company’s stock after selling 28,054 shares during the period. Emerald Advisers LLC’s holdings in OneSpaWorld were worth $20,308,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Brown Brothers Harriman & Co. bought a new position in OneSpaWorld during the fourth quarter worth $31,000. Arax Advisory Partners grew its holdings in OneSpaWorld by 428.8% in the fourth quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock worth $33,000 after purchasing an additional 1,295 shares during the period. First Horizon Corp increased its stake in OneSpaWorld by 120.4% in the fourth quarter. First Horizon Corp now owns 1,785 shares of the company’s stock valued at $37,000 after purchasing an additional 975 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of OneSpaWorld by 325.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company’s stock valued at $40,000 after purchasing an additional 1,478 shares during the period. Finally, Aquatic Capital Management LLC acquired a new position in shares of OneSpaWorld during the third quarter valued at about $50,000. Institutional investors own 95.98% of the company’s stock.

Insider Transactions at OneSpaWorld

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

Analysts Set New Price Targets

Several analysts have recently commented on the company. TD Cowen raised their target price on OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Zacks Research raised OneSpaWorld from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Wall Street Zen lowered OneSpaWorld from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Jefferies Financial Group raised their price objective on OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Finally, Weiss Ratings upgraded OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $29.20.

OneSpaWorld Stock Down 0.8%

OneSpaWorld stock opened at $26.10 on Tuesday. OneSpaWorld Holdings Limited has a 1-year low of $19.06 and a 1-year high of $29.25. The firm has a market capitalization of $2.65 billion, a price-to-earnings ratio of 34.80 and a beta of 0.90. The firm’s fifty day moving average price is $25.47 and its two-hundred day moving average price is $23.18. The company has a current ratio of 2.52, a quick ratio of 1.40 and a debt-to-equity ratio of 0.15.

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

OneSpaWorld Dividend Announcement

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

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.