OneSpaWorld Holdings Limited $OSW Stake Boosted by Nixon Capital LLC

Nixon Capital LLC grew its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 2.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 880,759 shares of the company’s stock after acquiring an additional 21,485 shares during the period. OneSpaWorld accounts for 4.8% of Nixon Capital LLC’s investment portfolio, making the stock its 11th biggest holding. Nixon Capital LLC owned 0.86% of OneSpaWorld worth $18,267,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the stock. First Trust Advisors LP grew its holdings in shares of OneSpaWorld by 45.6% during the 3rd quarter. First Trust Advisors LP now owns 3,088,830 shares of the company’s stock valued at $65,298,000 after acquiring an additional 966,889 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of OneSpaWorld by 2.7% during the 3rd quarter. American Century Companies Inc. now owns 3,055,737 shares of the company’s stock valued at $64,598,000 after acquiring an additional 79,259 shares in the last quarter. Vanguard Group Inc. boosted its holdings in OneSpaWorld by 3.0% in the fourth quarter. Vanguard Group Inc. now owns 3,017,136 shares of the company’s stock worth $62,575,000 after purchasing an additional 89,191 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in OneSpaWorld by 0.4% in the second quarter. Raymond James Financial Inc. now owns 2,525,357 shares of the company’s stock worth $51,492,000 after purchasing an additional 10,807 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in OneSpaWorld by 5.1% in the fourth quarter. Geode Capital Management LLC now owns 2,505,052 shares of the company’s stock worth $51,964,000 after purchasing an additional 122,681 shares in the last quarter. 95.98% of the stock is currently owned by hedge funds and other institutional investors.

OneSpaWorld Trading Down 0.6%

Shares of NASDAQ:OSW opened at $23.81 on Thursday. The company has a current ratio of 2.52, a quick ratio of 1.40 and a debt-to-equity ratio of 0.15. OneSpaWorld Holdings Limited has a 1 year low of $18.43 and a 1 year high of $25.75. The firm has a fifty day moving average price of $24.03 and a 200 day moving average price of $22.10. The stock has a market capitalization of $2.42 billion, a PE ratio of 31.75 and a beta of 0.92.

OneSpaWorld (NASDAQ:OSW) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. OneSpaWorld had a net margin of 7.85% and a return on equity of 18.00%. The company had revenue of $247.63 million during the quarter, compared to analysts’ expectations of $244.51 million. During the same period in the prior year, the company earned $0.15 earnings per share. The business’s quarterly revenue was up 12.8% compared to the same quarter last year. Analysts expect that OneSpaWorld Holdings Limited will post 1.07 EPS for the current fiscal year.

OneSpaWorld Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Wednesday, May 20th. OneSpaWorld’s dividend payout ratio is 26.67%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Truist Financial upped their price objective on shares of OneSpaWorld from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. TD Cowen upped their price objective on shares of OneSpaWorld from $27.00 to $29.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Jefferies Financial Group assumed coverage on shares of OneSpaWorld in a report on Tuesday, March 24th. They issued a “buy” rating and a $30.00 price objective for the company. Zacks Research upgraded shares of OneSpaWorld from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Finally, Wall Street Zen cut shares of OneSpaWorld from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $28.20.

About OneSpaWorld

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.