West Tower Group LLC Has $1.11 Million Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

West Tower Group LLC reduced its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 42.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 55,900 shares of the company’s stock after selling 41,117 shares during the quarter. OneSpaWorld accounts for approximately 2.5% of West Tower Group LLC’s holdings, making the stock its 9th biggest position. West Tower Group LLC owned about 0.05% of OneSpaWorld worth $1,112,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in OSW. Signaturefd LLC grew its stake in shares of OneSpaWorld by 139.9% during the 4th quarter. Signaturefd LLC now owns 1,317 shares of the company’s stock valued at $26,000 after acquiring an additional 768 shares during the period. Morse Asset Management Inc grew its stake in shares of OneSpaWorld by 8.1% during the 3rd quarter. Morse Asset Management Inc now owns 14,050 shares of the company’s stock valued at $232,000 after acquiring an additional 1,050 shares during the period. Sheets Smith Wealth Management grew its stake in shares of OneSpaWorld by 3.3% during the 4th quarter. Sheets Smith Wealth Management now owns 32,952 shares of the company’s stock valued at $656,000 after acquiring an additional 1,050 shares during the period. Global Retirement Partners LLC bought a new position in shares of OneSpaWorld during the 4th quarter valued at approximately $26,000. Finally, Swiss National Bank grew its stake in shares of OneSpaWorld by 0.7% during the 4th quarter. Swiss National Bank now owns 195,700 shares of the company’s stock valued at $3,894,000 after acquiring an additional 1,400 shares during the period. 95.98% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on OSW. Stifel Nicolaus boosted their price target on OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Wednesday, January 15th. Truist Financial boosted their price target on OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a report on Tuesday, December 3rd.

OneSpaWorld Stock Down 3.7 %

Shares of OSW opened at $16.75 on Wednesday. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of 23.93 and a beta of 2.11. OneSpaWorld Holdings Limited has a 1 year low of $11.98 and a 1 year high of $23.01. The business’s 50 day simple moving average is $19.86 and its 200-day simple moving average is $18.68. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29.

OneSpaWorld Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.16 annualized dividend and a dividend yield of 0.96%. OneSpaWorld’s dividend payout ratio (DPR) is 22.86%.

OneSpaWorld Company Profile

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.