Loomis Sayles & Co. L P Makes New $30.46 Million Investment in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Loomis Sayles & Co. L P acquired a new stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,530,525 shares of the company’s stock, valued at approximately $30,457,000. Loomis Sayles & Co. L P owned approximately 1.47% of OneSpaWorld as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in OSW. Global Retirement Partners LLC purchased a new position in OneSpaWorld during the fourth quarter valued at $26,000. Signaturefd LLC boosted its holdings 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 purchasing an additional 768 shares during the last quarter. USA Financial Formulas purchased a new position in shares of OneSpaWorld during the fourth quarter valued at about $36,000. Point72 DIFC Ltd bought a new stake in shares of OneSpaWorld in the third quarter worth about $81,000. Finally, Smartleaf Asset Management LLC lifted its position in shares of OneSpaWorld by 2,395.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 5,165 shares of the company’s stock worth $103,000 after buying an additional 4,958 shares in the last quarter. Institutional investors own 95.98% of the company’s stock.

OneSpaWorld Trading Down 2.8 %

Shares of NASDAQ OSW opened at $17.59 on Friday. OneSpaWorld Holdings Limited has a 1-year low of $11.98 and a 1-year high of $23.01. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29. The business’s 50 day moving average is $19.69 and its two-hundred day moving average is $18.75. The stock has a market capitalization of $1.84 billion, a P/E ratio of 25.13 and a beta of 2.11.

OneSpaWorld Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th were issued a dividend of $0.04 per share. The ex-dividend date was Wednesday, March 12th. This represents a $0.16 annualized dividend and a yield of 0.91%. OneSpaWorld’s payout ratio is presently 22.86%.

Analysts Set New Price Targets

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

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.