Vanguard Group Inc. Reduces Holdings in OneSpaWorld Holdings Limited $OSW

Vanguard Group Inc. cut its position in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 0.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,927,945 shares of the company’s stock after selling 26,465 shares during the quarter. Vanguard Group Inc. owned 2.85% of OneSpaWorld worth $61,897,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. State of Alaska Department of Revenue acquired a new position in OneSpaWorld in the 3rd quarter worth $116,000. Tower Research Capital LLC TRC grew its stake in shares of OneSpaWorld by 313.5% during the second quarter. Tower Research Capital LLC TRC now owns 9,274 shares of the company’s stock valued at $189,000 after acquiring an additional 7,031 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of OneSpaWorld by 48.1% during the second quarter. BNP Paribas Financial Markets now owns 10,497 shares of the company’s stock valued at $214,000 after acquiring an additional 3,411 shares in the last quarter. Prudential Financial Inc. purchased a new stake in shares of OneSpaWorld during the second quarter worth about $213,000. Finally, Pinnacle Wealth Management Advisory Group LLC increased its position in shares of OneSpaWorld by 8.5% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 12,955 shares of the company’s stock worth $264,000 after acquiring an additional 1,010 shares during the last quarter. 95.98% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

OSW has been the subject of a number of analyst reports. TD Cowen reduced their price target on OneSpaWorld from $27.00 to $24.00 and set a “buy” rating for the company in a report on Tuesday, January 20th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of OneSpaWorld in a research report on Monday, December 29th. Zacks Research cut OneSpaWorld from a “hold” rating to a “strong sell” rating in a research note on Monday, February 23rd. Truist Financial raised 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 Tuesday, February 17th. Finally, Wall Street Zen lowered shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Sunday, November 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $25.00.

Insider Transactions at OneSpaWorld

In related news, Director Walter Field Mclallen sold 5,000 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $20.21, for a total transaction of $101,050.00. Following the transaction, the director directly owned 154,882 shares in the company, valued at $3,130,165.22. This trade represents a 3.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.90% of the stock is owned by company insiders.

OneSpaWorld Stock Down 2.7%

NASDAQ:OSW opened at $20.42 on Friday. The company has a market capitalization of $2.07 billion, a price-to-earnings ratio of 29.59 and a beta of 0.99. OneSpaWorld Holdings Limited has a one year low of $14.21 and a one year high of $23.54. The stock has a 50-day simple moving average of $21.12 and a 200 day simple moving average of $21.24. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.10 and a current ratio of 1.91.

OneSpaWorld (NASDAQ:OSW) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.02). OneSpaWorld had a net margin of 7.45% and a return on equity of 17.08%. The firm had revenue of $242.13 million for the quarter, compared to analyst estimates of $243.07 million. During the same quarter in the previous year, the company earned $0.20 EPS. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. Sell-side analysts predict that OneSpaWorld Holdings Limited will post 0.9 EPS for the current fiscal year.

OneSpaWorld Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Wednesday, March 11th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, March 11th. OneSpaWorld’s dividend payout ratio is currently 28.99%.

OneSpaWorld Profile

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.