OneSpaWorld Holdings Limited $OSW Stock Position Lowered by Madison Asset Management LLC

Madison Asset Management LLC decreased its position in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 45.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 84,681 shares of the company’s stock after selling 71,891 shares during the quarter. Madison Asset Management LLC’s holdings in OneSpaWorld were worth $1,943,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Bessemer Group Inc. lifted its holdings in OneSpaWorld by 30.3% in the 1st quarter. Bessemer Group Inc. now owns 1,468,100 shares of the company’s stock valued at $33,692,000 after acquiring an additional 341,632 shares during the last quarter. Harbor Capital Advisors Inc. grew its stake in shares of OneSpaWorld by 40,623.0% in the 4th quarter. Harbor Capital Advisors Inc. now owns 51,311 shares of the company’s stock worth $1,064,000 after purchasing an additional 51,185 shares during the last quarter. Louisiana State Employees Retirement System acquired a new position in shares of OneSpaWorld in the 1st quarter worth approximately $1,037,000. Moran Wealth Management LLC raised its holdings in shares of OneSpaWorld by 318.4% in the 1st quarter. Moran Wealth Management LLC now owns 180,220 shares of the company’s stock worth $4,136,000 after purchasing an additional 137,148 shares in the last quarter. Finally, Aberdeen Group plc bought a new stake in shares of OneSpaWorld in the 4th quarter worth approximately $17,663,000. Institutional investors own 95.98% of the company’s stock.

OneSpaWorld Stock Down 1.8%

OSW stock opened at $25.96 on Thursday. OneSpaWorld Holdings Limited has a 52-week low of $19.06 and a 52-week high of $29.25. The company’s 50 day simple moving average is $25.77 and its 200-day simple moving average is $23.43. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.52 and a quick ratio of 1.40. The firm has a market capitalization of $2.63 billion, a P/E ratio of 34.61 and a beta of 0.90.

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 net margin of 7.85% and a return on equity of 18.00%. The firm had revenue of $247.63 million during the quarter, compared to analyst estimates of $244.51 million. During the same quarter last year, the business posted $0.15 EPS. The company’s revenue was up 12.8% on a year-over-year basis. As a group, equities research analysts anticipate that OneSpaWorld Holdings Limited will post 1.07 EPS for the current year.

OneSpaWorld Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th were issued 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 dividend payout ratio is presently 26.67%.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at OneSpaWorld

In related news, Director Andrew R. Heyer sold 20,000 shares of the company’s 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 transaction, the director directly owned 489,817 shares of the company’s stock, valued at approximately $12,754,834.68. The trade was a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Walter Field Mclallen sold 10,500 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $24.67, for a total value 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. This represents a 7.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 3.60% of the company’s stock.

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.