Magnetar Financial LLC Acquires Shares of 22,533 OneSpaWorld Holdings Limited (NASDAQ:OSW)

Magnetar Financial LLC acquired a new stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 22,533 shares of the company’s stock, valued at approximately $448,000.

Other large investors have also recently made changes to their positions in the company. Lord Abbett & CO. LLC lifted its stake in shares of OneSpaWorld by 53.5% in the third quarter. Lord Abbett & CO. LLC now owns 615,730 shares of the company’s stock valued at $10,166,000 after buying an additional 214,557 shares in the last quarter. State Street Corp lifted its position in shares of OneSpaWorld by 3.0% during the third quarter. State Street Corp now owns 2,148,522 shares of the company’s stock valued at $35,472,000 after purchasing an additional 61,568 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of OneSpaWorld by 24.9% during the fourth quarter. Victory Capital Management Inc. now owns 114,940 shares of the company’s stock valued at $2,287,000 after purchasing an additional 22,935 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of OneSpaWorld by 6.2% during the third quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company’s stock valued at $39,869,000 after purchasing an additional 141,578 shares in the last quarter. Finally, Barclays PLC lifted its position in shares of OneSpaWorld by 177.8% during the third quarter. Barclays PLC now owns 198,549 shares of the company’s stock valued at $3,278,000 after purchasing an additional 127,074 shares in the last quarter. 95.98% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

OneSpaWorld Stock Performance

Shares of OSW stock opened at $17.50 on Friday. The firm has a market cap of $1.83 billion, a price-to-earnings ratio of 25.00 and a beta of 2.11. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84. OneSpaWorld Holdings Limited has a 52 week low of $11.98 and a 52 week high of $23.01. The firm’s 50-day simple moving average is $19.77 and its two-hundred day simple moving average is $18.70.

OneSpaWorld Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th will be given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.91%. The ex-dividend date is Wednesday, March 12th. OneSpaWorld’s dividend payout ratio is 22.86%.

OneSpaWorld 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.