OneSpaWorld (NASDAQ:OSW) Price Target Raised to $19.00 at TD Cowen

OneSpaWorld (NASDAQ:OSW) had its target price lifted by TD Cowen from $16.00 to $19.00 in a report issued on Thursday, Benzinga reports. The brokerage currently has a buy rating on the stock.

OSW has been the subject of several other reports. Loop Capital boosted their price objective on shares of OneSpaWorld from $16.00 to $17.00 and gave the stock a buy rating in a research note on Wednesday, May 15th. Truist Financial upped their target price on shares of OneSpaWorld from $16.00 to $17.00 and gave the company a buy rating in a research note on Wednesday, June 12th. Finally, Stifel Nicolaus upped their target price on shares of OneSpaWorld from $21.00 to $22.00 and gave the company a buy rating in a research note on Thursday, May 23rd.

OneSpaWorld Trading Down 3.7 %

OSW traded down $0.57 during trading on Thursday, hitting $14.93. 54,283 shares of the company’s stock were exchanged, compared to its average volume of 587,089. The company has a current ratio of 1.85, a quick ratio of 1.34 and a debt-to-equity ratio of 0.27. OneSpaWorld has a 1 year low of $9.82 and a 1 year high of $17.30. The stock has a 50 day moving average price of $15.65 and a 200 day moving average price of $14.31. The firm has a market cap of $1.50 billion, a P/E ratio of 57.41 and a beta of 2.14.

OneSpaWorld Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 4th. Shareholders of record on Wednesday, August 21st will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Wednesday, August 21st. This represents a $0.16 dividend on an annualized basis and a yield of 1.07%. OneSpaWorld’s dividend payout ratio (DPR) is 59.26%.

Insider Buying and Selling at OneSpaWorld

In other OneSpaWorld news, insider Susan Reardon Bonner sold 35,554 shares of the stock in a transaction on Monday, May 13th. The shares were sold at an average price of $14.85, for a total transaction of $527,976.90. Following the transaction, the insider now directly owns 272,623 shares in the company, valued at approximately $4,048,451.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other OneSpaWorld news, Director Walter Field Mclallen sold 2,500 shares of the stock in a transaction on Thursday, June 13th. The shares were sold at an average price of $15.23, for a total transaction of $38,075.00. Following the sale, the director now directly owns 175,486 shares of the company’s stock, valued at $2,672,651.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Susan Reardon Bonner sold 35,554 shares of the stock in a transaction on Monday, May 13th. The stock was sold at an average price of $14.85, for a total transaction of $527,976.90. Following the sale, the insider now directly owns 272,623 shares in the company, valued at $4,048,451.55. The disclosure for this sale can be found here. Insiders have sold 50,762 shares of company stock worth $755,153 in the last ninety days. 5.00% of the stock is owned by insiders.

Institutional Trading of OneSpaWorld

A number of large investors have recently modified their holdings of OSW. Mutual of America Capital Management LLC acquired a new position in OneSpaWorld during the 1st quarter valued at about $7,505,000. Vanguard Group Inc. raised its stake in OneSpaWorld by 35.3% during the 3rd quarter. Vanguard Group Inc. now owns 1,970,528 shares of the company’s stock valued at $22,109,000 after purchasing an additional 514,137 shares during the period. DAVENPORT & Co LLC lifted its holdings in shares of OneSpaWorld by 21.1% in the first quarter. DAVENPORT & Co LLC now owns 2,694,704 shares of the company’s stock valued at $35,970,000 after purchasing an additional 470,415 shares in the last quarter. Wellington Management Group LLP acquired a new position in shares of OneSpaWorld in the fourth quarter worth $4,926,000. Finally, Dimensional Fund Advisors LP increased its stake in shares of OneSpaWorld by 16.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,260,110 shares of the company’s stock worth $31,869,000 after acquiring an additional 316,905 shares during the last quarter. Institutional investors and hedge funds own 95.98% of the company’s stock.

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.