43,944 Shares in OneSpaWorld Holdings Limited $OSW Purchased by Jupiter Topco LLC

Jupiter Topco LLC purchased a new position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 43,944 shares of the company’s stock, valued at approximately $1,241,000.

A number of other large investors also recently bought and sold shares of OSW. BlackRock Inc. purchased a new stake in shares of OneSpaWorld in the 2nd quarter worth $278,024,000. Bank of America Corp DE increased its stake in shares of OneSpaWorld by 395.0% during the first quarter. Bank of America Corp DE now owns 3,987,390 shares of the company’s stock valued at $91,511,000 after buying an additional 3,181,857 shares during the period. Reinhart Partners LLC. bought a new stake in shares of OneSpaWorld in the fourth quarter valued at about $45,358,000. Neumeier Poma Investment Counsel LLC bought a new stake in shares of OneSpaWorld in the second quarter valued at about $43,462,264. Finally, Nixon Capital LLC purchased a new stake in OneSpaWorld in the second quarter worth about $25,168,000. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on OSW. Wall Street Zen cut OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of OneSpaWorld in a report on Friday, July 31st. Jefferies Financial Group increased their price target on shares of OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Stifel Nicolaus raised their price target on shares of OneSpaWorld from $28.00 to $32.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Finally, Truist Financial lifted their price objective on shares of OneSpaWorld from $28.00 to $29.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $30.60.

OneSpaWorld Stock Up 0.6%

NASDAQ:OSW opened at $22.40 on Friday. The company has a current ratio of 2.91, a quick ratio of 1.93 and a debt-to-equity ratio of 0.14. OneSpaWorld Holdings Limited has a twelve month low of $19.06 and a twelve month high of $29.25. The company has a market cap of $2.27 billion, a PE ratio of 28.35 and a beta of 0.90. The company’s 50 day moving average is $26.24 and its two-hundred day moving average is $24.53.

OneSpaWorld (NASDAQ:OSW) last released its earnings results on Wednesday, July 29th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.01. The firm had revenue of $261.25 million for the quarter, compared to the consensus estimate of $260.93 million. OneSpaWorld had a return on equity of 18.36% and a net margin of 8.02%.The firm’s revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.19 EPS. Analysts anticipate that OneSpaWorld Holdings Limited will post 1.05 EPS for the current year.

OneSpaWorld Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.9%. OneSpaWorld’s payout ratio is 25.32%.

Insider Buying and Selling

In other OneSpaWorld news, Director Andrew Heyer sold 4,781 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $26.07, for a total transaction of $124,640.67. Following the completion of the transaction, the director directly owned 302,145 shares of the company’s stock, valued at approximately $7,876,920.15. This trade represents a 1.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Walter McLallen sold 10,500 shares of OneSpaWorld stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $24.67, for a total transaction of $259,035.00. Following the sale, the director owned 137,382 shares of the company’s stock, valued at approximately $3,389,213.94. The trade was a 7.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 90,500 shares of company stock worth $2,363,762. 3.60% of the stock is owned by insiders.

OneSpaWorld Company 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.