Americana Partners LLC Decreases Stock Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Americana Partners LLC decreased its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 12.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,647 shares of the company’s stock after selling 1,493 shares during the quarter. Americana Partners LLC’s holdings in OneSpaWorld were worth $176,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Quarry LP boosted its holdings in shares of OneSpaWorld by 178.9% in the 2nd quarter. Quarry LP now owns 4,306 shares of the company’s stock valued at $66,000 after buying an additional 2,762 shares in the last quarter. Principal Financial Group Inc. purchased a new position in shares of OneSpaWorld during the first quarter worth about $148,000. Allspring Global Investments Holdings LLC increased its position in shares of OneSpaWorld by 13,242.4% during the second quarter. Allspring Global Investments Holdings LLC now owns 11,341 shares of the company’s stock worth $174,000 after purchasing an additional 11,256 shares in the last quarter. ProShare Advisors LLC lifted its holdings in shares of OneSpaWorld by 8.5% in the 1st quarter. ProShare Advisors LLC now owns 14,997 shares of the company’s stock valued at $198,000 after purchasing an additional 1,181 shares during the last quarter. Finally, Morse Asset Management Inc acquired a new stake in shares of OneSpaWorld in the 2nd quarter valued at about $200,000. Institutional investors and hedge funds own 95.98% of the company’s stock.

Insider Transactions at OneSpaWorld

In related news, CFO Stephen Lazarus sold 65,906 shares of the stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $18.51, for a total transaction of $1,219,920.06. Following the completion of the transaction, the chief financial officer now directly owns 490,675 shares of the company’s stock, valued at $9,082,394.25. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other news, Director Andrew R. Heyer sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $14.57, for a total transaction of $87,420.00. Following the sale, the director now owns 467,145 shares of the company’s stock, valued at $6,806,302.65. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Stephen Lazarus sold 65,906 shares of the firm’s stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of $18.51, for a total value of $1,219,920.06. Following the completion of the transaction, the chief financial officer now directly owns 490,675 shares of the company’s stock, valued at $9,082,394.25. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 250,810 shares of company stock worth $4,331,236. Company insiders own 5.00% of the company’s stock.

Analysts Set New Price Targets

Separately, TD Cowen boosted their price objective on OneSpaWorld from $16.00 to $19.00 and gave the company a “buy” rating in a research note on Thursday, August 1st.

OneSpaWorld Stock Performance

NASDAQ OSW opened at $17.58 on Friday. The business’s 50-day moving average price is $16.50 and its 200 day moving average price is $15.58. The company has a quick ratio of 1.49, a current ratio of 2.03 and a debt-to-equity ratio of 0.23. The firm has a market cap of $1.84 billion, a P/E ratio of 35.88 and a beta of 2.13. OneSpaWorld Holdings Limited has a 52-week low of $10.23 and a 52-week high of $18.73.

OneSpaWorld (NASDAQ:OSW) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.17 by $0.01. OneSpaWorld had a return on equity of 14.47% and a net margin of 5.86%. The business had revenue of $224.89 million during the quarter, compared to analysts’ expectations of $220.61 million. During the same quarter in the prior year, the business earned $0.13 earnings per share. On average, equities research analysts expect that OneSpaWorld Holdings Limited will post 0.73 earnings per share for the current year.

OneSpaWorld Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 20th will be paid a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.91%. The ex-dividend date is Wednesday, November 20th. OneSpaWorld’s dividend payout ratio (DPR) is presently 32.65%.

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.